The property covers highly prospective silver-gold-base metal mineralization occurring as massive sulfide replacement bodies, veins, mantos, hydrothermal breccias, disseminations and skarn-type bodies.

Mario, which covers 3,850 contiguous hectares, is located in the highly prospective central Peru metallogenic province that hosts numerous large Ag-Pb-Zn carbonate replacement style deposits such as El Porvenir, Cerro de Pasco and Atacocha.

The option agreement is the first to be signed under Fortuna’s project acquisition program that is focused on identifying high quality silver-rich targets in Latin America.

Fortuna, a silver and base metal producer, is focused on mining opportunities in Latin America.