Tue Jul 20, 2010: News Releases: Fortuna Provides Update on Construction at the San Jose Project, Mexico (more...) Tue Jul 13, 2010: News Releases: Fortuna Reports Production Results for Second Quarter (more...) Mon Jul 5, 2010: News Releases: Fortuna Announces Changes in the Board of Directors (more...) Wed May 12, 2010: News Releases: Fortuna cuts 2.2 kg/t Ag + 9.6 g/t Au over 9.2m in upper portion of Animas ... (more...) Mon May 3, 2010: News Releases: Fortuna Announces Conference Call to Review First Quarter Financial Results... (more...)
San Jose Project Construction activities are on schedule and within budget for completion and commissioning of the San Jose Mine in the third quarter of 2011. Once in operation at a rate of 1,500 tpd, the mine will produce 5 million silver equivalent ounces annually at a cash cost of US$ 6.20. Management is planning to achieve full production capacity within 24 months from the start of operations.
Caylloma Mine Fortunas 100%-owned Caylloma Mine is a low-cost, underground vein mine producing zinc, lead-silver-gold and copper-silver-gold concentrates. Caylloma currently operates at a rate of over 1,200 tpd with production sourced primarily from the Animas Vein. Exploration activities include testing of high grade silver and base metal targets within the Caylloma Mining District.
