FVI: What's Running Through Your Veins?

Canaccord Genuity's Morning Coffee (08/31/2010)
"Fortuna Silver was buoyed by a stronger silver price and new drill results from the Don Luis II vein, located in the undeveloped western portion of the Caylloma Mine. . .in Southern Peru where no prior development or mining has taken place. A Bay Street analyst deemed these results a 'slight positive' as the development should bump up average silver grades and boost annual production over time. The vein outcrops over a strike length of ~400m and ranges from approximately 1m–3m in width at the surface. Twelve diamond drill holes totaling 2,283m have been completed to test the vein from near surface to approximately 200m depth. Highlight holes include: DLUS000110, which intersected 816 g/t Ag and 0.27 g/t Au over 3.05m from 148.75m; DLUS000410, which intersected 864 g/t Ag and 0.07 g/t Au over 0.50m from 93.30m; DLUS000910, which intersected 639 g/t Ag and 0.18 g/t Au over 3.40m from 232.90m. . .Fortuna Silver is one of Canaccord Genuity Mining Analyst Nicholas Campbell's top picks based on: 1) Organic growth profile; 2) Solid balance sheet and consistent cash flows; and 3) Attractive valuation. He expects this company to gain broader investor attention, which should lead to a revaluation in line with other junior precious metal producers."

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