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Atico Produces 2.24 Million Pounds of Cu and 1,906 Ounces of Au in Third Quarter 2025
VANCOUVER, British Columbia, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the ...
About this update from Atico Mining Corporation
[{"type":"text","content":"Atico Produces 2.24 Million Pounds of Cu and 1,906 Ounces of Au in Third Quarter 2025\n\n\n\n VANCOUVER, British Columbia, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) announces its operating results for the three months ended September 30, 2025 from its El Roble mine. Production for the quarter totaled 2.24 million pounds of copper and 1,906 ounces of gold in concentrates, a decrease of 23% for copper and 8% for gold, respectively, over the same period in 2024.\n \n\n “During the period, higher metal prices enabled profitable mining of ore from lower mine zones previously excluded from reserves, leading to a quarterly revision of the mine plan to incorporate this out-of-reserve material. These areas of the deposit are in the final months and are being prioritized to maximize overall ore recovery. The lower grade, newly converted reserves, offset the contribution from the higher-grade upper zones, which percentage of feed to the mill has been consistently increasing as development continues and more stopes enter production. Given the change in the mine plan, results for the quarter were below budget, in particular for the copper head grade, which increased from the previous quarter but not as much as initially forecasted,” stated Fernando E. Ganoza, CEO. “We anticipate production for the following quarter will improve driven by higher copper head grade, even though we will continue to maximize ore recovery in the lower zones, as this strategy, coupled with the current drill program, should help us increase the reserves and the life of mine.”\n \n\n\n\n Third Quarter Operational Highlights\n \n\n\n\n\n Production of 2.24 million pounds of copper contained in concentrates; a decrease of 23% over Q3 2024.\n \n\n Production of 1,906 ounces of gold contained in concentrates; a decrease of 8% over Q3 2024.\n \n\n Average processed tonnes per day of 741, a decrease of 3% over Q3 2024.\n \n\n Copper head grade of 1.82%, a decrease of 14% over Q3 2024.\n \n\n Gold head grade of 1.53 grams per tonne; no significant change over Q3 2024.\n \n\n Copper and gold recovery of 91% and 63%; no significant change for copper and gold, respectively, over Q3 2024.\n \n\n\n\n\n Third Quarter Operational Review\n \n\n\n\n Th...