VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 16, 2016) – Prospero Silver Corp. (TSX VENTURE:PSL) (“Prospero”) is pleased to provide an update on its exploration programs in central Mexico. Prospero recently announced a $1.8M financing to fund its generative exploration program and to advance its existing project portfolio. Prospero’s exploration programs have 3 key objectives:
- Discover blind/close-to-surface mineral deposits in -or close to- historic Au-Ag and base metal mining camps, for example the Pachuca Southeast and Matorral projects.
- Advance Prospero’s existing project portfolio to drill-ready status and then drill or joint venture the projects.
- Use the team’s unparalleled knowledge of Mexican metallogeny to generate new projects and expand Prospero’s project portfolio, for example the Bermudez low-sulphidation epithermal Au-Ag project.