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Telson Announces Campo Morado Mine 2017 Startup Operational Results of 2.4 Months of Development, Preproduction and Initial Concentrate Sales
(via TheNewswire) Highlights: -Mill processed 106,655 tonnes of mineralized developm...
About this update from Luca Mining Corp
[{"type":"text","content":"Telson Announces Campo Morado Mine 2017 Startup Operational Results of 2.4 Months of Development, Preproduction and Initial Concentrate Sales(via TheNewswire)\n\n \nHighlights:\n\n\n \n-Mill processed 106,655 tonnes of mineralized development material over 71 operational days averaging 1,502 tonnes per day reaching 96% operational efficiency 24x7. \n\n\n \n-Produced 5,021 tonnes of zinc concentrate averaging 44% zinc. 1.04 g/tonne Au and 502 g/tonne Ag\n\n\n \n-Shipped for sale approximately 4,530 tonnes zinc and 578 tonnes of lead concentrate representing approximately 73% of total 2017 concentrate production to Trafigura, Manzanillo warehouse.\n\n\n \n-Preliminary payment totaling approximately USD $4.8 million received by Telson for shipped concentrates equating to approximately 90% of final estimated sale price.\n\n\n \n\n\n\n \nVancouver, British Columbia / TheNewswire / February 12th, 2018 - Telson Resources Inc. (\"Telson\" or the \"Company\") (TSX Venture - TSN.V) is very pleased to announce the successful startup of pre-production development mining and processing at its 100% owned Campo Morado mine located in Guerrero, Mexico. Pre-production test milling operations started on October 14, 2017 and the mill has run continuously on a 24 x 7 basis, 71 out of 74 available days through to December 31, 2017, for a 96% operational efficiency. Mining and milling pre-production operations have continued from January 1, 2018 and currently remain in continuous 24 x 7 operations.\n\n\n \nDuring the 2 1/2 months of pre-production operations in 2017, underground development mining at Campo Morado produced 110,414 tonnes of mineralized development material and the test milling processed 106,655 tonnes of this material at an average rate of 1,502 tonnes per day. The processing rate started at approximately 1,400 tonnes per day and ramped up to approximately 1,800 tonnes per day by the end of the period. The average head grade of this development pre-production material was 3.57% zinc, 0.38% copper, 0.85% lead, 0.83 g/t gold and 103 g/t silver.\n\n\n \nFrom the above milled material, the Company produced 5,021 tonnes of zinc concentrate grading: 44.09% zinc, 1.18% copper, 1.67% lead, 1.04 g/t gold, 502 g/t silver and 2,013 tonnes of lead concentrate grading: 12.86% lead, 6.44% zinc, 2.55% copper, 4.21 g/t gold, 500 g/t silver. \n\n\n \n...