Fortuna Silver Mines Inc. has released the results from its 2008 drilling program on its San Jose silver-gold project in Mexico. Twelve holes were drilled: hole SJO-127 got 6.75 g/t of gold over an estimated true width of 14.2 m. SJO-137 got 7.84 g/t over est. true width of 13.5 metres. The full report (covering both gold and silver findings) is contained in the news release, as well as contextual information and the geology of the property.
Fortuna opened up with a gain of 2 cents, and that gain is currently doubled. As of the time of this post, it's up to 85 cents.
Its Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
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