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Fortuna Silver Reports Proven and Probable Reserves of 6.8 Million Tonnes

Charlotte McLeod
Mar. 10, 2015 10:14AM PST
Silver Investing

Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) announced updated mineral reserve and mineral resource estimates for its Peru-based Caylloma mine and its San Jose mine, located in Mexico.

Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) announced updated mineral reserve and mineral resource estimates for its Peru-based Caylloma mine and its San Jose mine, located in Mexico. They are accurate as of December 31, 2014.

Highlights of the update include:

  • Combined Proven and Probable Reserves for Caylloma and San Jose are reported at 6.8 Mt containing 41.3 Moz silver and 251.8 koz gold, representing year-over-year increases of 14 percent in contained silver ounces and 7 percent in contained gold ounces
  • Combined Inferred Resources for Caylloma and San Jose are reported at 11.5 Mt containing an estimated 77.4 Moz silver and 483.9 koz gold, reflecting year-over-year increases of 31 percent in contained silver ounces and 30 percent in contained gold ounces

Click here to read the full Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) press release.

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