Prospero Provides Drill Update

http://www.prosperosilver.com/s/NewsReleases.asp?ReportID=791237&_Type=News-Releases&_Title=Prospero-Provides-Drill-Update

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

May 30, 2017 — Vancouver, B.C. – Prospero Silver Corp (PSL.V; the “Company” or “Prospero”) is pleased to provide an update on planned drilling of the Matorral, Petate and Pachuca SE projects.

Prospero has selected a drill contractor for its planned 6,000m program on three projects. Drilling is scheduled to begin in late June. Prospero will first drill 4 holes at its Matorral project in the Santa Maria del Oro camp. The plan is then to drill 8 holes at its Petate project followed by 8 holes at Pachuca SE- project descriptions below. This drilling program is under the terms of Prospero’s strategic agreement with Fortuna Silver Mines. Drill collar maps for Matorral will be available shortly on Prospero’s website.

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