# Prospero Silver: Fortuna Silver Mines Exercises Its Right to Enter into an Option Agreement on the Pachuca Southeast Project, Hidalgo, Mexico Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39 Original source: https://money.tmx.com/en/quote/PSL/news/5501483508377931/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option Publisher: tmx Original announcement: 2018-12-10T13:15:35.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Prospero Silver Corp. - Ticker: PSL - Exchange: TSX - Region: Hidalgo, Mexico - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Drill results, Agreement transaction - Extracted: 2026-09-14 19:16:21 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Prospero Silver has announced that Fortuna Silver Mines has exercised its right to enter into an option agreement for up to a 70% interest in the Pachuca SE Project in Mexico. The release also summarizes recent drill results from the Q1 2018 program, highlighting encouraging silver and gold intercepts in the El Varal target. Reasoning: The announcement of a major option agreement with a producer \(Fortuna\) and encouraging drill results significantly de-risks the project's development path. - Positive factor: Strategic partnership with Fortuna Silver Mines - Positive factor: Option to acquire 70% interest in Pachuca SE Project - Positive factor: Encouraging drill results from PSE-18-02 - Positive factor: Proximity to major epithermal vein camp Facts used in scoring: 11 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions a Qualified Person \(Tawn Albinson\) and refers to previous drill results and technical content responsibility. Evidence · text > Qualified Person Tawn Albinson, M.Sc., President & CEO of the Company, is a Qualified Person **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is positioned along strike from the historic Pachuca-Real del Monte epithermal vein camp. Evidence · text > along strike from the historic Pachuca-Real del Monte epithermal vein camp ## Extracted facts Stored fact records: 11. Some facts used in scoring do not have a stored record. ## Drill Results (11) ### PSE-18-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-0) Pachuca SE · silver #### Identity - Hole ID: PSE-18-01 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 227 - Grade Unit: ppm - Intercept: 1.35 m - From: 147.4 m - To: 148.8 m - Intercept Depth: 147.4 m #### Classification - Sample Type: drill - Group ID: PSE-18-01:147.4-148.8 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Silver grade of 227 ppm is notable for an alteration cap zone. - Positive factor: Significant silver grade in argillic alteration cap Evidence · text > returned 1.35m @ 227Ag between 147.4m and 148.8m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-1) Pachuca SE · silver #### Identity - Hole ID: PSE-18-01 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 16.9 - Grade Unit: ppm - Intercept: 0.8 m - From: 161.5 m - To: 162.3 m - Intercept Depth: 161.5 m #### Classification - Sample Type: drill - Group ID: PSE-18-01:161.5-162.3 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade silver intercept in alteration zone. Evidence · text > returned 16.9ppm Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-2) Pachuca SE · silver #### Identity - Hole ID: PSE-18-01 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 23.8 - Grade Unit: ppm - Intercept: 1.05 m - From: 206 m - To: 207.05 m - Intercept Depth: 206 m #### Classification - Sample Type: drill - Group ID: PSE-18-01:206-207.05 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade silver intercept. Evidence · text > 1.05m interval runs 23.8ppm Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-3) Pachuca SE · gold #### Identity - Hole ID: PSE-18-02 - Project: Pachuca SE - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 1.04 - Grade Unit: ppm - Intercept: 0.3 m - From: 657.2 m - To: 657.5 m - Intercept Depth: 657.2 m #### Classification - Sample Type: drill - Group ID: PSE-18-02:657.2-657.5 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade gold intercept. Evidence · table > 1.04 Context: 0.3 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-4) Pachuca SE · silver #### Identity - Hole ID: PSE-18-02 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 193 - Grade Unit: ppm - Intercept: 0.3 m - From: 657.2 m - To: 657.5 m - Intercept Depth: 657.2 m #### Classification - Sample Type: drill - Group ID: PSE-18-02:657.2-657.5 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade silver intercept. Evidence · table > 193 Context: 0.3 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-5) Pachuca SE · gold #### Identity - Hole ID: PSE-18-02 - Project: Pachuca SE - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 0.39 - Grade Unit: ppm - Intercept: 12.2 m - From: 660 m - To: 671.2 m - Intercept Depth: 660 m #### Classification - Sample Type: drill - Group ID: PSE-18-02:660-671.2 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade gold intercept over a wider interval. Evidence · table > 0.39 Context: 12.2 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-6) Pachuca SE · silver #### Identity - Hole ID: PSE-18-02 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 33 - Grade Unit: ppm - Intercept: 12.2 m - From: 660 m - To: 671.2 m - Intercept Depth: 660 m #### Classification - Sample Type: drill - Group ID: PSE-18-02:660-671.2 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade silver intercept. Evidence · table > 33 Context: 12.2 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-7) Pachuca SE · gold #### Identity - Hole ID: PSE-18-02 - Project: Pachuca SE - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 5.89 - Grade Unit: ppm - Intercept: 0.75 m - From: 695.2 m - To: 695.95 m - Intercept Depth: 695.2 m #### Classification - Sample Type: drill - Group ID: PSE-18-02:695.2-695.95 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: 5.89 ppm Au is a strong intercept for this target. - Positive factor: High grade gold intercept Evidence · table > 5.89 Context: 0.75 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-8) Pachuca SE · silver #### Identity - Hole ID: PSE-18-02 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 72 - Grade Unit: ppm - Intercept: 0.75 m - From: 695.2 m - To: 695.95 m - Intercept Depth: 695.2 m #### Classification - Sample Type: drill - Group ID: PSE-18-02:695.2-695.95 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: 72 ppm Ag is a solid intercept. - Positive factor: Encouraging silver grade Evidence · table > 72 Context: 0.75 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-9) Pachuca SE · silver #### Identity - Hole ID: PSE-18-03 - Project: Pachuca SE - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 870 - Grade Unit: ppm - Intercept: 0.2 m - From: 408 m - To: 408.2 m - Intercept Depth: 408 m #### Classification - Sample Type: drill - Group ID: PSE-18-03:408-408.2 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: 870 ppm Ag is a strong intercept for a very narrow width. - Positive factor: High grade silver intercept Evidence · text > 0.2m at 1.7ppm Au and 870ppm Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PSE-18-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/prospero-silver-fortuna-silver-mines-exercises-its-right-to-enter-into-an-option--e0ff7b59-4f16-4d0d-af73-d26fdd83fc39#fact-drill-facts-10) Pachuca SE · gold #### Identity - Hole ID: PSE-18-03 - Project: Pachuca SE - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: PSL #### Geometry - Grade: 1.7 - Grade Unit: ppm - Intercept: 0.2 m - From: 408 m - To: 408.2 m - Intercept Depth: 408 m #### Classification - Sample Type: drill - Group ID: PSE-18-03:408-408.2 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2018-12-10T00:00:00.000Z Reasoning: Low grade gold intercept. Evidence · text > 0.2m at 1.7ppm Au and 870ppm Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.