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Altaley Mining Updates Tahuehueto Mine Pre-production Mill Commissioning and Advises of Change of Control Person

(NewsDirect) Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (the " ...

articleLuca Mining CorpJune 27, 20225/company/luca-mining-corp/news/altaley-mining-updates-tahuehueto-mine-pre-production-mill-commissioning-and-advises-of-change-of-control-person
Altaley Mining Updates Tahuehueto Mine Pre-production Mill Commissioning and Advises of Change of Control Person

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[{"type":"text","content":"Altaley Mining Updates Tahuehueto Mine Pre-production Mill Commissioning and Advises of Change of Control Person\n \n \n (NewsDirect)\n \n \n Altaley Mining\nCorporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (the\n\"\n \n Company\n \n \" or \"\n \n Altaley\n \n \") is pleased to\nupdate shareholders on the commissioning, pre-production, and\nconstruction progress at its Tahuehueto Gold Mine.\n \n \n The operations team have\nbeen diligently resolving various start-up issues related to the water\nsupply pipeline and mill commissioning and, over the past week have\nsuccessfully achieved ongoing pre-production with the 1\n \n st\n \n 500 tpd ball mill. Recently, processing has been stabilized with the\nmill achieving ore throughput up to 350 tpd and averaging\napproximately 195 tpd over the past 5 days.\n \n \n Mill throughput is\nestimated to remain at current levels over the next two weeks with\ncrushing being handled with a provisional cone crusher while the\npermanent crushing circuit installation is being finalized and\nanticipated to be operational within the next two weeks and thereafter\nthe ball mill throughput will be ramped up to capacity.\n \n \n To date approximately\n260 tonnes of bulk concentrated has been produced at Tahuehueto. Two\nshipments of approximately 30 tonnes each have been shipped to\nTrafigura for sale. These initial batches of concentrate were produced\nfrom low-grade ore on purpose as original feed testing at the ball\nmill start-up. Revenue received from the 1\n \n st\n \n shipment was\napproximately US$42,000 paid for gold, silver, and lead. The second\ndelivery payment is pending. Another 70 tons of concentrate is in the\nprocess of being shipped from Tahuehueto to Tepehuanes subsequently to\nbe trucked and sold to Trafigura in the coming days. The Tahuehueto\noperations team estimate that there are approximately another 150\ntonnes of concentrate available, drying on the mill patio and within\nthe thickeners available to be filtered for drying on the patios.\n \n \n The tailings\nstorage facility is in the final stages of construction and expected\nto be ready to receive dry stack tailings within 45 days. Tailings\ncurrently being generated are being filtered and stored as additional\nbackfill underground.\n \n \n The Tahuehueto Laboratory is essentially ready to be\noperational and technicians ...

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