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Amarium's Production Ahead of Schedule at Jovita and Expansion at San Pedro Mill Explored
Amarium's Production Ahead of Schedule at Jovita and Expansion at San Pedro Mill Explored.
About this update from Calissio Resources Group Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nAmarium's Production Ahead of Schedule at Jovita and Expansion at San Pedro Mill Explored\n\n\n\n\n\n\n\n\n\nAmarium's Production Ahead of Schedule at Jovita and Expansion at San Pedro Mill Explored\n\nPR Newswire\n\nLAS VEGAS, October 2, 2013\n\n\n\n\n\n\n\nLAS VEGAS, October 2, 2013 /PRNewswire/ --\n\n\nAmarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company is currently ahead of Copper production targets at the Jovita Mill in Michoacán, Mexico. The primary factors cited for the higher than anticipated production were increased operational efficiency from recent implementations and higher than expected ore grades. Production results will be reflected in the Company's next quarterly report for the period ending September 30. The Company also announced that it is conducting an initial assessment to upgrade the existing 20 ton-per-day San Pedro Mill, also located in Michoacán.\n\n\n\"Obviously we are very encouraged to see that some of our procedural changes and maintenance scheduling have been successfully implemented at the Jovita Mine. However, the added bonus is that our production projections were based on conservative estimates regarding ore grades and that has proven to be a pleasant surprise that has allowed the Company to exceed expectations,\" said Adam Carter, the President & CEO of Amarium. \"With regards to San Pedro, we believe that the production output of the mill could be increased substantially with only minimal capital investment. Right now we are going to delve further into the evaluation and opportunities for the expansion of the project, before plans to move ahead are solidified.\"\n\n\nAmarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.\n\n\nFor additional information, please visit: http://www.amariumminerals.com\n\n\n\nThis press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of t...