Prospero Silver is a development stage company engaged in the business of acquiring and exploring mineral resource properties in Mexico and has not yet determined the existence of economically recoverable reserves. The recoverability of amounts shown for property and acquisition costs and deferred exploration expenditures depends upon many factors, including; the discovery of economically recoverable reserves on its mineral properties, confirmation of Co.'s interest in the underlying mineral claims, the ability of Co. to obtain the necessary financing to complete their development, and the sustainability of future profitable production or disposition thereof.
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