Business
Farallon to Announce Third Quarter Results on November 16, 2009
Farallon to Announce Third Quarter Results on November 16, 2009
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"\n\n\n\nNov. 10, 2009 (Canada NewsWire Group) -- VANCOUVER, Nov. 10 /CNW/ -- Farallon Mining will release its third quarter 2009 results before the market opens on Monday November 16, 2009. A conference call and webcast will be held by management on Tuesday November 17, 2009 at 8:00 AM Pacific Time (11:00 AM Eastern Time) to further discuss the results for the quarter.The conference call can be accessed by telephone at the following numbers (416)644-3426 or the toll-free number (800)731-5319. A live webcast will also be available at www.farallonmining.com. The replay of the conference call will be on the website after the call is completed.Farallon's G-9 zinc, copper, silver, gold and lead mine at the Campo Morado Property in Mexico reached commercial production in April 2009. The Company is targeting to produce at an annualized production rate of 120 million pounds of zinc and 15 million pounds of copper per year.ON BEHALF OF THE BOARD OF DIRECTORSJ.R.H. (Dick) WhittingtonPresident & CEONo regulatory authority has approved or disapproved the information contained in this news releaseForward Looking InformationThis release includes certain statements that may be deemed \"forward-looking statements.\" All statements in this release, other than statements of historical facts, that address future production, reserve or resource potential, continuity of mineralization, exploration drilling, operational activities, production rates, costs to completion and events or developments that the Company expects, or is targeting, are forward-looking statements. Although the Company believes that the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements and may require achievement of a number of operational, technical, economic, financial and legal objectives. The likelihood of continued future mining at Campo Morado is subject to a large number of risks, including obtaining lower than expected grades and quantities of mineralization and resources, lower than expected mill recovery rates and mining rates, changes in and the effect of government policies with respect to mineral exploration and exploitation, the possibility of local disputes includi...