By Charlotte McLeod
Silver Investing News
When silver was dragged down by gold‘s mid-April nosedive, many companies mining and exploring for the white metal also suffered losses. Now, investors are faced with the task of identifying which companies remain promising despite having seen share price declines.
Fortuna Silver Mines, a company with two operating silver mines and “extensive” property holdings in Peru and Mexico, appears to be one company that is still positioned to perform well.
Most recently, Fortuna announced that exploration drilling at the Ramal Piso Carolina and Don Luis veins, both of which are located in Southern Peru’s Caylloma Mining District, the site of the company’s Caylloma mine, intercepted high-grade silver-gold mineralization. The veins are situated north of the Aminas, Bateas and Soledad veins, which Fortuna is currently mining, a Northern Miner article notes.