Tawn Albinson, the President of Prospero Silver commented: “Petate is the second project of three selected for first-pass drilling as agreed with our strategic partner Fortuna Silver. Under our arrangement with Fortuna, when we have completed drilling three projects, they have the right to select one for a joint venture. We are happy with the results at El Petate. In particular, holes 1, 9 and 11 have highlighted interesting grades over intervals of up to 24.9m downhole, although with unknown strike extent, indicating prospective deeper targets for a follow-up program. We are strongly aligned with Fortuna to drill as many of Prospero’s projects as possible, hence the plan to mobilise onto the next target, Pachuca SE, as soon as possible — hopefully in January. The Pachuca SE target lies about 20km southeast of the Vizcaina vein, one of the largest silver-rich epithermal veins in the world.”