Proactive Investors - Run By Investors For Investors

Prospero Silver gets TSX venture exchange approval for Fortuna option deal

To earn the interest, Fortuna must spend US$8 million and complete a preliminary economic assessment, with a minimum spend of $1 million in the first year
Prospero Silver gets TSX venture exchange approval for Fortuna option deal
The Pachuca SE project is in Mexico

Prospero Silver Corp (CVE:PSL) has received TSX venture exchange approval of its option agreement with Fortuna Silver Mines Inc, in which the latter can acquire up to a 70% interest in the Pachuca SE project in Mexico.

To earn the interest, Fortuna must spend US$8 million and complete a preliminary economic assessment, with a minimum spend of $1 million in the first year.

WATCH: Prospero Silver Corp begins phase two drilling at Pachuca SE Project in Mexico

The near 7,000-hectare land package is 24 km southeast of the city of Pachuca, Hidalgo along strike from the historic Pachuca-Real del Monte epithermal vein camp.

Prospero shares were unchanged In Toronto at $0.065.

 

View full PSL profile View Profile

Prospero Silver Corp Timeline

Related Articles

1545212186_shutterstock_87973216.jpg
December 18 2018
Prospero Silver is a Mexico-focused precious metals explorer
1536688509_2016-11-01_1429_GreatPanther.png
September 11 2018
Its Guanajuato and Topia mines in Mexico both have long-established track records of production
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use