The company reported measured and indicated resources for Lindero of 18.9 million tonnes, a 51% increase over earlier estimates.
Fortuna Silver Mines Mining News
The company will drill 5,000 metres at its Tlamino gold project in southern Serbia.
The 66.7 sq. km project sits 24 km southeast of the city of Pachuca and along strike from the historic Pachuca-Real del Monte epithermal vein camp.
The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.
Medgold is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines is funding.
The company estimated that project expenditures in 2018 to total between $110 million and $130 million.
Prospero Silver Corp is pleased to announce that it has arranged a US$270,000 strategic investment from Fortuna Silver Mines Inc.
Eight of the world's highest elevation mines are in one country
The Vancouver-based miner's shares surge after its silver and gold properties in Mexico and Peru up production more than 50%.
A bureaucrat in Washington can open his mouth and send the price of gold up or down 5% in an afternoon.