Business
Fortuna's San Jose Mine on Schedule for Production in August 2011
Jun. 20, 2011 (Canada NewsWire Group) -- VANCOUVER, June 20, 2011 /CNW/ - Fortuna Silver Min...
About this update from Fortuna Mining Corp.
[{"type":"text","content":"\n\n\n Jun. 20, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, June 20, 2011 /CNW/ - Fortuna Silver Mines Inc. (TSX: FVI) (Lima Stock Exchange: FVI) is pleased to provide an update on construction activities at its San\n Jose silver-gold Project in Oaxaca, Mexico. Construction activities to\n date are on-time and on-budget with the commissioning of the San Jose\n mine scheduled for August of 2011.\n\n\nConstruction Highlights to May 31, 2011\n\n\n\nProcessing plant construction for start up at 1,000 tpd is 87% complete.\n\n\n\n\nThree stage crushing circuit has been commissioned and crushing of\n stockpile ore is scheduled to take place in late June. Mounting and\n installation of the ball mill, flotation cells, thickeners and filters\n are complete. Piping, electrical and minor equipment mounting and\n installation are 92% complete.\n\n\n\n\nTailings dam has been commissioned and is currently storing water for\n the process.\n\n\n\n\nNew 8MW power substation is in operation and sourcing power to the\n project.\n\n\n\n\nMining of stopes K, L and M is scheduled to commence in July, in line to\n produce 520,613 ounces Ag and 4,584 ounces Au or 782,851 ounces Ag Eq*\n in 2011 and 1.7 million ounces Ag and 15,326 ounces Au or 2.6 million\n ounces Ag Eq* in 2012.\n\n\n\n\nThe mine has built a development ore stockpile of 37,000 tonnes grading\n 131 g/t Ag and 1.2 g/t Au.\n\n\n\n\nTo the end of May 2011, US$41.9 million invested in construction or 75%\n of CAPEX,\n\n ...