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Telson Discloses Tahuehueto Mining & Concentrate Preproduction, Metallurgical Balances & Cash Sale Results for 2017 and Announces Plans for Corporate Name Change
(via TheNewswire) Vancouver, British Columbia / TheNewswire / February 15 th , 2018 ...
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[{"type":"text","content":"Telson Discloses Tahuehueto Mining & Concentrate Preproduction, Metallurgical Balances & Cash Sale Results for 2017 and Announces Plans for Corporate Name Change(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / February 15th, 2018\n\n\n \nHighlights:\n\n\n \n\n\n- 22,662 tonnes ore mined during July - Dec 31, 2017 from El Creston Zone Averaging of 132 t/day \n\n\n\n- Tahuehueto Toll Milling processed 14,377 tonnes of ore during 2017, \n\n\n\n- Average Head Grade of ore milled in 2017 was 6.94 g/t gold, 84.36 g/t silver, 5.29% zinc, 2.64% lead.\n\n\n\n- Average recoveries of ore processed in 2017 - 82.4% gold, 87.8% silver, 79.4% lead and 74.4% zinc. \n\n\n\n- Produced 666 tonnes of lead concentrate and 1,130 tonnes of zinc concentrate in 2017\n\n\n\n- 643 tonnes lead and 1,039 tonnes zinc concentrates sold 100% for total cash proceeds of approximately USD $5.24 million received by Telson\n\n\n\n- Average grade of lead con sold 46.8% lead, 122.2 g/t gold, 1,292 g/t silver, 13.5% zinc, 2.5% copper.\n\n\n\n- Average grade of zinc con sold was 48.9% zinc, 4.95 g/t gold, 128.3 g/t silver, 1.40% lead, 0.39% copper. \n\n\n\n- Telson to change its name to TELSON MINING CORPORATION to reflect its transition from an exploration and development issuer into a mining company.\n\n\n\n\n \nTelson Resources Inc. (\"Telson\" or the \"Company\") (TSX Venture - TSN.V) is very pleased to announce the results of pre-production mining and processing at its 100% owned Tahuehueto Mine Development Project located in Durango, Mexico. Pre-production mining averaging 132 t/d at Tahuehueto commenced during July 2017 with toll milling operations starting during August 2017. Mining and toll milling continued through to mid December 2017 when operations were shut down during Christmas holidays. Mining and toll milling resumed in January 2018.\n\n\n \nDuring the 6 months of pre-production operations in 2017, mining at Tahuehueto produced 22,662 tonnes of ore from the El Creston Zone and toll milling at the Atocha Processing Plant milled approximately 14,377 of this ore. The average head grade of the total pre-production ore processed was 6.94 g/t gold, 84.36 g/t silver, 5.29% zinc, 2.64% lead.\n\n\n \nDuring the 2017 pre-production program the Company produced; 666 tonnes of lead concentrate with average grades of 45.32% lead, 122 g/t gold and...