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Fortuna Upgrades Mill Expansion at San Jose from 1,500 to 1,800 tpd

By: MT Newswires
Posted: 6/18/2013 7:13:00 AM
Referenced Stocks: FSM

Fortuna Silver Mines Inc. ( FSM ) announced a new production plan for the San Jose Mine in Mexico based on the mill's expansion to be commissioned in the third quarter of this year.

The increase in plant processing capacity from 1,500 to 1,800 tpd is the result of capturing opportunities in the selection and acquisition of key equipment without incurring in additional capital costs.

Underground mine development is on schedule for the expansion and production sequencing has enough flexibility to accommodate the additional 300 tpd.