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.