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Altaley Mining Reports Campo Morado Q3 2021 Production

Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Altaley Mining Corporation...

articleLuca Mining CorpOctober 26, 20215/company/luca-mining-corp/news/altaley-mining-reports-campo-morado-q3-2021-production
Altaley Mining Reports Campo Morado Q3 2021 Production

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[{"type":"text","content":"Altaley Mining Reports Campo Morado Q3 2021 ProductionVancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (\"Altaley\" or the \"Company\") is pleased to provide shareholders the preliminary production results for the quarter ended September 30, 2021 (\"Q3 2021\") of its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated.\"I am pleased to report Altaley's Q3 2021 Campo Morado production results,\" states Ralph Shearing, CEO & President. \"Campo Morado operations are reporting another excellent quarter with estimated revenue of $17.4 million for the third quarter of 2021. Although head grades of mineralization during Q3 2021 were slightly lower and to improve productivity a planned shut down for the SAG mill liner change out and planned mill maintenance interrupted production over several days, revenues achieved were only 6% lower when compared to Q2 2021.\"Q3 2021 ProductionMonth EndedQuarter EndedProduction and SalesJul-21Aug-21Sep-21Q2 2021Q3 2021Variation Production    Ore milled(kt)58.561.648.4163.7168.43%    Zinc concentrate(kt)3.53.53.811.810.7-9%    Lead concentrate(kt)0.70.91.12.72.70% Average Head Grades    Gold(gr/t)1.20.911.21-12%    Silver(gr/t)137.3117.5145.6129.0132.43%    Lead(%)1.0%1.1%1.2%1.1%1.1%-3%    Zinc(%)4.1%4.0%5.2%4.5%4.4%-3% Average Recoveries    Gold(%)23%19%26%22%23%3%    Silver(%)46%40%51%46%46%0%    Lead(%)27%30%30%31%29%-7%    Zinc(%)68%63%68%74%66%-10% Average Realized Prices     Gold(troy oz)1,7811,7781,7851,7951,781-1%    Silver(troy oz)2527252726-4%    Lead(t)2,1372,1002,1652,0022,1326%    Zinc(t)2,8002,9193,0082,7582,9035% Net Revenues (In thousands of dollars)    Zinc concentrate5,1644,2275,37015,79814,761-7%    Lead concentrate1,1396378822,6822,658-1%Total Net Revenues6,3034,8646,25218,48017,419-6% About Altaley Mining CorporationAltaley Mining Corporation is a Canadian based mining company with two 100% owned Mexican gold, silver, and base metal mining projects.Altaley's Tahuehueto mining proj...

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