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Prospero Silver Corp.
Summary
| Project: | El Petate | |
|---|---|---|
| Deposit: | Apartadero Zone | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 11/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: Prospero Silver Corp. announces an Exploration/Drilling Update report for its Apartadero Zone deposit at the El Petate project. Drilling results incl. 18.5m @ 0.8g/t Au, 5.0g/t Ag from 48.6m. Vancouver, British Columbia--(Newsfile Corp. - Novem | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tawn Albinson (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - November 8, 2017) - Prospero Silver Corp. (TSXV: PSL) ("The Company" or "Prospero") is providing a preliminary update on the first-stage reconnaissance drilling of its Petate project in Hidalgo state, Mexico. Eight shallow holes have been completed to date primarily to establish structure and to allow for more accurate targeting of deeper mineralized zones. The initial holes are in the Apartadero zone which had the highest gold and silver anomalies at surface hosted in extensive outcrops and float of steep to stratabound jasperoid (see Prospero news release dated June 25 th , 2014). Tawn Albinson, the President of Prospero Silver commented: "We were very pleased to encounter gold grades in some of the early shallow reconnaissance holes. The drill plan developed with Fortuna was designed to get a handle on structural controls on the highest priority targets before deeper drilling. We now see a strong correlation between the presence of black jasperoids after limestone and grade. A few more shallow holes will be required over the next two weeks to get a decent picture of the strike and dip of what we think are the controlling structures." The drilling at Petate is being carried out as part of its reconnaissance drill campaign evaluation financed by strategic partner Fortuna Silver Mines Inc. over three of Prospero's projects. | |
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