Fortuna Silver OKs Lindero construction

摘要

Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has greenlit construction of an open-pit heap leach mine at its 100% owned Lindero porphyry gold project, 260 km west of the city of Salta, in northwestern Argentina's Salta province. Fortuna acquired Lindero when it bought the property's previous owner, Goldrock Mines, for US$129 million in shares in July 2016. Fortu-na's share price has declined steadily since, descending from $11.80 per share in August 2016 to $5.60 on Oct. 2. But with an approved environmental impact study and all major construction permits in hand, the company is looking to finally prove the full value of its property.