Business
Telson Reports Campo Morado Q1 2021 Production
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Telson Mining Corporation (TSX...
About this update from Luca Mining Corp
[{"type":"text","content":"Telson Reports Campo Morado Q1 2021 ProductionVancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC PINK: SOHFF) (FSE: TSGN) (\"Telson\" or the \"Company\") (formerly SQ82) is pleased to provide shareholders the preliminary production results for the quarter ended March 31, 2021 (\"Q1 2021\") of Campo Morado Mine located in state of Guerrero, Mexico.Campo Morado operations during Q1 2021 have shown steady production averaging a throughput of 58.1 thousand tonnes of mineral processed per month, resulting in a total production for the quarter of 11,013 tonnes of zinc concentrate and 1,907 tonnes of lead concentrate. Production and sales key indicators such as head grade of the mineralized material processed, volume of payable metal and recoveries are presented below.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/7883/79509_0cbdffc534e81a9b_001full.jpgEstimated revenues for Q1 2021, net of all concentrate sale deductions such as treatment charges, penalties, etc., were approximately US$11.9M (final revenue figures are subject to review and agreement of final assay results), representing a 35% increase versus the previous quarter. C1 cash costs, all-in sustaining cost per pound and other operational financial details will be disclosed in the company's upcoming quarterly financial statements which are due to be filed on or before May 31, 2021.Ralph Shearing, Telson CEO and President, stated \"These strong first quarter results continue to reflect our steady progression of improving the throughput and recoveries at Campo Morado. To this end, management intends to initiate a rigorous metallurgical testing program to advance through second phase testing the Leachox Process of Maelgwyn Mineral Services and the Albion Process of Core Group, both of which returned positive test results in first phase testing. This metallurgical testing program will also study the ability to increase base metal recoveries at microfine grinding with flotation recovery using Imhoflot Flotation and Jamison Cell flotation technologies both designed for such purposes. We are confident that additional recovery improvements are available utilizing these exciting modern technologies which, if successful can provide increased revenue streams.\"About Telson Mining Co...