Fortuna Silver Completes Acquisiton of Taviche Oeste Concession

Fortuna Silver Mines Inc. (NYSE:FSM, TSX:FVI) announced that they have acquired the remaining 45 percent interest in the Taviche Oeste Concession.

As quoted in the press release:

Fortuna now holds a 100% undivided interest in the Taviche Oeste concession which contains the Trinidad North discovery. The company will continue to advance exploration efforts on the high-grade silver-gold Trinidad North discovery which remains open to the north and to depth.

Fortuna’s President and CEO, Jorge A. Ganoza, said:

Given the exciting exploration success at Trinidad North, the company believes it is prudent to control 100% interest as we work to put this new high-grade silver-gold mineralized area into production by early 2015.”  Mr. Ganoza continued, “We expect to announce an initial resource estimation for Trinidad North during the fourth quarter of 2013.

To view the whole press release, click here.