Source Exploration Corp | Company Profile

Source Exploration Corp. is focused on the acquisition and development of advanced stage silver projects in Mexico. Through the company's Mexican subsidiary Roca Verde Exploracion de Mexico S.A. de C.V., the company has an agreement to earn a 90% interest in the past producing San Acacio Mine in the historic
mining region of Zacatecas, Mexico.

San Acacio Project
The San Acacio Mine silver property covers 746.6 hectares and is located in the south-eastern half of the Veta Grande vein system. The Veta Grande is the most prolific of four sub-parallel vein systems that run through the Zacatecas mining district. The Veta Grande vein system was mined to a maximum depth of 300m along a portion of the known 4.5 mile strike length on the San Acacio Mine property. Shaft and ore block development carried out to a depth of 375m was completed prior to shutdown of the mine at the onset of the Mexican Revolution in the 1890's.

Mineralization at San Acacio mine is hosted in classic epithermal silver-gold deposits in a number of parallel veins. They are predominantly silver bearing, with minor gold and base metals, the zoning & distribution of which the Company will determine by further drilling.

Historical Exploration
A number of historical resource estimates have been prepared since 1988. The most recent estimate was compiled by Silver Standard Resources Inc. based on a 1995 exploration program, which calculated that the project contains 2.47 million tonnes grading 182.4g/t silver (approximately 14.4 million ounces of silver) above 100m vertical.

Approximately 900 meters of exposed vein was surveyed and sampled through trenching by Silver Sterling Mining Co. from 2004 to 2006.A total of 41 trenches were sampled over 25-meter intervals. The goal of this program was to verify previous surface sampling and to investigate the near-surface material as a source of feed for the nearby Barones leach plant.

The best four trench samples from the work completed by Sterling were as follows:
-13.29oz/t Ag over 10.85 m
-13.26oz/t Ag over 13.93 m
-13.61oz/t Ag over 2.2 m
-16.64oz/t Ag over 5.15 m

Management

Abraham Drost, P.Geo., President & CEO

Robert S. Tyson, Director

Darrell Rader, Director

Wayne Moorhouse, Director

Ewan S. Downie,Director