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Prospero Silver Corp.
Summary
| Project: | Pachuca SE | |
|---|---|---|
| Deposit: | Pachuca SE | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 3/14/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-3-2018: Prospero Silver Corp. announces an Exploration/Drilling Update report for its Pachuca SE deposit at the Pachuca SE project. Drilling results incl. 0.75m @ 6.40ppm Au, 72ppm Ag from 695.2m. Vancouver, British Columbia- (Newsfile Corp. - March 14 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tawn Albinson (Internal) | |
| ABSTRACT: | Vancouver, British Columbia- (Newsfile Corp. - March 14, 2018) - Prospero Silver Corp (TSXV: PSL) (the "Company" or "Prospero") is pleased to announce that a limited 3-hole drill program at the Pachuca SE project close to the historic mining city of Pachua in Hidalgo State, Mexico, has discovered a new gold and silver-bearing epithermal vein system. Drilling of the Pachuca targets completes the third of three initial projects funded by Fortuna Silver in early stage "proof of concept" programs. Under the terms of a strategic investment from Fortuna Silver Mines Inc (NYSE: FSM, TSX: FVI) made in May 2017, phase one funding of $1,500,000 was applied of which 80% was to be allocated to drilling and 20% to new project generation. Prospero was the operator of all three drill projects. At Pachuca, an 1,800m drill program tested 3 targets with deep, angled holes. Drill collar maps and draft sections for the Pachuca drill holes are available on Prospero's website at: http://www.prosperosilver.com/s/Pachuca-SE.asp. The results published here are from initial priority assays. | |
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