Day: August 16, 2016

Cyprium Mining announces files 43-101 technical report on the Potosi Silver mine

Mr. Alain Lambert, Chairman and CEO of Cyprium commented: “The Report focuses on the “Tunel” mineralized body at levels 1 to 4 of the mine which are accessible by the newly rehabilitated Potosi Shaft No. 3. The Report also contains valuable information on the historic Santa Eulalia mining district where the largest carbonate replacement deposit (CRD) in Mexico is located.” Mr. Lambert added: “We believe that the larger Santo Domingo mineralized body located at level 9, 10 and 11 of the mine – also known as the Main Silicate Body – also has good exploitation potential. The evaluation and preparations for exploiting the Santo Domingo body as well as the preparation of a 43-101 resource calculation by the end of the year will now assume top priority.”

Prospero Silver Provides Corporate Update

Commenting on the recently initiated financing, Tawn Albinson, the President of Prospero said: “This month’s capital raise is intended to give fresh impetus to our Mexican exploration programs. Our main priority would be to advance Bermudez with a detailed sampling program to delineate potential drill targets. We are also pushing ahead with showing the Petate project to potential joint venture partners and hope to have news on this front in the near future. We have identified a series of additional targets and projects which we plan to advance to full project status and are also looking at potentially drill testing one of our projects ourselves.”

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