Saturday, September 30, 2017

Fortuna Silver Mines Inc - FVI.t

Fortuna Silver Mines Inc. - FVI.t operates two key producing mines. The San Jose Ag-Au Project in southern Oaxaca, Mexico and the Caylloma Ag-Zn-Pb-Cu Mine in the Caylloma Mining District in the southern highlands of Arequipa, Peru.

In 2017, Fortuna expects 8.1 million ounces of silver, 52,400 ounces of gold, 30.0 million pounds of lead and 41.0 million pounds of zinc. ASIC is estimated at $9.8 per ounce of silver, net of by-product credits.

On September 21, 2017 the company released NEWS
Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce today that the Board of Directors of the Company has made a positive construction decision for the 100% owned Lindero gold Project located in the Province of Salta, Argentina. In July 2016, Fortuna completed the acquisition of Goldrock Mines Corp. whose principal asset was the Lindero Project (see Fortuna news release dated July 28, 2016 ). Lindero has an approved environmental impact study and has been granted all major permits for the construction of an 18,750 tpd open pit, heap leach gold mine.