November 3, 2021 – Goldlogic is pleased to announce the positive outlook for our royalty investment in Peru, associated with Fortuna Silver Mines Inc.’s (NYSE) Caylloma mine. The royalty is expected to commence by January 2022, marking a significant milestone for our investment portfolio.
The Caylloma mine produced 810,962 ounces of silver during the first nine months of 2021, bringing its historical aggregate production to 20.76 million ounces. Fortuna Silver's production target for the year is between 1 to 1.1 million ounces of silver, which means the 21 million ounces historical production trigger for NG Gold’s royalty should be reached between January and February 2022.
These developments are expected to create substantial value for our shareholders, underscoring the strength and potential of our investment strategy.
About Goldlogic Goldlogic is a premier investment firm specializing in the mining industry. With a focus on strategic investments and comprehensive evaluations, Goldlogic aims to drive growth and profitability in the mining sector.
For inquiries, please contact:
Camilo Alvarez
E-mail: calvarez@goldlogic.com
Phone: +1 (281) 751-8975