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Prospero says drilling started at Pachuca southeast project in Mexico

Last updated: 15:57 25 Jan 2018 EST, First published: 10:57 25 Jan 2018 EST

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Gold is among the metals the firm may encounter

Prospero Silver Corp (CVE:PSL) says the drillbit has started turning at the Pachuca southeast project in Hidalgo state in Mexico.

The work completes the third project in a 6,900m program to test three of Prospero's projects under the terms of the strategic investment from Fortuna Silver Mines last year.

READ: Prospero Silver Corp happy with drill results from El Petate project, Mexico

Prospero and Fortuna are planning a three-hole to four-hole program to test two targets with deep, angled holes.

The 7,256-hectare Pachuca SE claim is 24km southeast of the city of Pachuca, Hidalgo.

Infrastructure is excellent, with power available and easy road access from the Pachuca-Tulancingo freeway which crosses the middle of the property.

Pachuca SE is on strike from the Pachuca-Real del Monte epithermal vein camp, one of the world's largest epithermal precious metal deposits and the local geology typical of anomalous gold (Au), silver (Ag) and zinc (Zn) geochemistry.

WATCH: Prospero Silver hopeful of receiving final assay results from El Petate ‘within next week or two’

The first hole will target an actively mined clay pit, which consists of a structurally controlled illite alteration zone that is mined to produce construction brick.

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

Prospero Silver Corp (CVE:PSL) Executive Vice President of Business Development Ralph Rushton sat down with Proactive Investors Vancouver to tell Steve Darling about phase two of their drilling program on the Pachuca Project in Mexico. Rushton told Proactive about the scope of drilling...

on 02/04/2019