Day: February 8, 2017

Managing Director Will Dix commented: “The new intersections to the south of our modelled mineralisation continue to support the Company’s view that significant base metal resources exist down dip and down plunge of the mine development. We will continue to pursue this area and other targets to build our resource base. In addition we will look at regional targets and aggressively pursue other opportunities as they are identified, be they within the current mine infrastructure or in new areas.”

“Our high-grade discovery at Naranjillo and the resulting Agreement with Fresnillo, the world’s largest silver producer, validates the Plata Latina exploration strategy of discovering hidden, high-grade silver-gold districts within the Mexican Silver Belt,” commented Plata Latina’s President and CEO, Mike Clarke. “We look forward to putting the proceeds from this Agreement towards the advancement of our three existing properties, particularly Vaquerias, which exhibits significant shallow discovery potential based on early testing and drilling. Further, the funding will enable us to look for additional opportunities in the prolific Mexican Silver Belt using our successful exploration strategy.”

Los diputados Santiago Domínguez Luna y María Elena Ortega Cortés, presentaron la iniciativa con punto de acuerdo, por la que se exhorta al gobernador a que establezca una mesa de trabajo y diálogo con autoridades federales, estatales y con la empresa minera denominada Panamerican Silver.

J.D. Poliquin, chairman of Almaden stated, “Today’s results once again show continuing expansion of the known high grade veins on the Tuligtic project. While we are now focussed on developing the Ixtaca deposit into a significant precious metals producer in Mexico, and are currently busy with engineering work and studies towards producing a PFS, this exploration drilling demonstrates additional resource potential both laterally and, because we are at the top of a fully preserved epithermal system, future exploration drilling will also test for feeder veins beneath the Ixtaca sheeted vein zone.”

Prospero Silver Corp. is pleased to provide an update on recent exploration work on its Mexican project portfolio. In October 2016, Prospero raised C$1.85mvia a private placement to fund its generative programs through 2017.