Vom Explorer zum Produzenten in 14 Monaten - Fortuna Silver hat\'s geschafft! (Seite 281)

[KingKong2]

HWG

http://biz.yahoo.com/iw/061011/0171490.html

So long King F. Kong

[Taschenrechner]

Glückwunsch!

(Der wahre news-Tag heute,
fehlt noch Cardero.)

Taschenrechner

[Neono]

Here we go:

Fortuna Starts Commercial Production at Caylloma Silver Mine, Peru
Oct 11, 2006 9:31:00 AM

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 11, 2006) - Fortuna Silver Mines Inc. (TSX VENTURE:FVI), Mr. Jorge Ganoza, President of the Company, is pleased to announce that commercial production has begun at the Company's 100% owned Caylloma Ag-Zn-Pb mine in Peru.

Ore is currently being processed at a rate of 500 tonnes per day (tpd). The first revenue from sales of Ag-Pb and Zn concentrates is expected for late October of this year. An increase in mill throughput to 700 tpd is expected in May 2007.

Mr. Ganoza commented: "With commercial production achieved at the Caylloma mine, Fortuna has reached a new milestone in its development into a leading mid-tier mining company. I would like to thank the whole Fortuna team for their hard work in bringing the Caylloma mine -our first producing asset- back into commercial production."

Backgound

Fortuna is a growth oriented, silver producing company focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is aggressively pursuing additional acquisition opportunities. For more information, please visit our website at www.fortunasilver.com.

ON BEHALF OF THE BOARD

Jorge Ganoza Durant, President

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:
Fortuna Silver Mines Inc.
Jorge Ganoza Durant
President
[phone]
Fax: [phone] (FAX)
Email: [e-mail]
Website: www.fortunasilver.com

Source: Fortuna Silver Mines Inc.

Neono

[mucor]

Guten Morgen!Eine gute Börsenwoche und endlich etwas bessere Kurse wünsche ich allen Fortunainvestierten.

[CaptainBizeps]

Antwort auf Beitrag Nr.: 24.426.015 von Motorcyclemama am 05.10.06 19:30:20

Die neuen Konditionen zwischen Fortuna und Continuum sind doch schon Hieb- & Stichfest oder sind das nur die Details die erst noch ratifiziert werden müssen?
Ich frage weil dort keine Details dazu stehen wann gezahlt werden soll.

[Motorcyclemama]

Here we go ( sagte ER doch immer ):



Fortuna and Continuum Acquire 100% Interest in the San Jose Ag-Au Project, Mexico
Thursday October 5, 12:43 pm ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 5, 2006) - Fortuna Silver Mines Inc. (TSX VENTURE:FVI - News; "Fortuna"). Mr. Jorge Ganoza, President of Fortuna, is pleased to announce that, subject to acceptance by the TSX Venture Exchange, an agreement has been reached between Fortuna and Continuum Resources Ltd. to purchase a 100% interest in the high grade San Jose silver-gold project in Mexico from the underlying property owner.
ADVERTISEMENT


Under the terms of the agreement, Fortuna will pay the full purchase price of US$8,000,000 cash, US$250,000 in shares of Fortuna, and US$250,000 in shares of Continuum currently owned by Fortuna. The previous option agreement between Fortuna and Continuum dated November 10, 2005 will be superseded by this agreement, and a joint venture will be formed, Fortuna having a 76% interest and Continuum a 24% interest. Continuum will contribute to the joint venture additional concessions in the area on which it has option agreements, as well as any other concessions that Continuum may acquire within the greater area that will be known as the Taviche joint venture area.

San Jose currently has an inferred resource of 527,283 tonnes grading 396 g/t Ag, 3.5 g/t Au (20 oz Ag eq.). The NI 43-101 compliant technical report is dated March 2006 and available on SEDAR. Drilling by Fortuna during the first half of the year has significantly extended known mineralization with multiple high grade intercepts over vein widths exceeding 10 meters, defining a bonanza-style high-grade mineralized shoot that remains open at depth. For complete drill results please refer to our news release dated September 5, 2006, available at www.fortunasilver.com.


Highlights of the 2006 drill program include:-------------------------------------------------------------------
DDH From (m) To (m) Interval (m)(i) Ag (g/t) Au (g/t)
-------------------------------------------------------------------
SJO-18 240.92 251.48 10.56 638 8.2
SJO-20 368.90 373.01 4.11 1772 10.5
SJO-21 246.50 255.00 8.50 522 2.9
SJO-39 42.75 47.65 4.90 843 5.9
SJO-46 414.60 424.82 10.22 347 5.3
SJO-51 429.17 440.16 10.99 2106 20.9
-------------------------------------------------------------------
(i) True width is estimated at 70 - 85 per cent of interval.
Fortuna completed a total of 11,904m of core drilling in 37 holes between January and June of 2006. The program was designed to test the San Jose vein system over 2km strike distance, on 100m sections, to depths of 300 to 400 meters below surface. A new resource estimation for the San Jose project is in preparation.

Mr. Jorge Ganoza, President of Fortuna, commented, "Management is excited to see the project progress to the next stage. Fortuna is committed to advancing San Jose to a production decision. Continuing work will focus on expansion and upgrading of the resource base, and mine and process design."

Background

Fortuna is a growth oriented, near term silver producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is aggressively pursuing additional acquisition opportunities. For more information, please visit our website at www.fortunasilver.com.

ON BEHALF OF THE BOARD

Jorge Ganoza Durant, President

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.



Contact:
Jorge Ganoza Durant
Fortuna Silver Mines Inc.
President
[phone]
[phone] (FAX)
Email: [e-mail]
Website: www.fortunasilver.com

[Rastaone]

Antwort auf Beitrag Nr.: 24.183.871 von KKCS am 25.09.06 12:59:39

Fühl mich extrem wohl mit meinen FVI Anteilen und werd daher heute noch ein bisserl Geld locker machen..solange die so preiswert sind.

[KKCS]

Short History
Symbol Report Date Volume Change
FVI - V 2006-09-15 130,300 +115,300

[e_type1]

Antwort auf Beitrag Nr.: 24.169.442 von Neono am 24.09.06 19:53:03

Easy five-bagger

[Neono]

Fortuna Silver Mines (FVI-V $1.60 Canadian, 44 million shares outstanding) Silver production in Mexico and nearby silver/lead/zinc production in Peru. I love this company. It belongs to the Simon Ridgway stable. He is the best in the business. Easy five-bagger.

http://www.321gold.com/editorials/moriarty/moriarty092406.ht…

Neono