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Telson Reports Campo Morado Q4 2020 Production

(TheNewswire) Vancouver, British Columbia – TheNew...

articleLuca Mining CorpJanuary 11, 20215/company/luca-mining-corp/news/telson-reports-campo-morado-q4-2020-production
Telson Reports Campo Morado Q4 2020 Production

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[{"type":"text","content":"Telson Reports Campo Morado Q4 2020 Production\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n January 11, 2021 -\n \n \n Telson Mining Corporation (“\n \n \n Telson\n \n \n ” or the\n“\n \n \n Company\n \n \n ”\n \n \n )\n \n \n (TSXV:TSN\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:SOHFF\n \n \n )\n \n \n ,\n \n \n (\n \n \n Frankfurt-TSGN (formerly SQ82)) is pleased to provide\nshareholders the preliminary production results for the fourth quarter\n(“Q4”) 2020 of Campo Morado Mine located in state of Guerrero,\nMexico.\n \n \n \n \n Campo Morado operations during Q4 2020 have shown a\nsteady increase in production with December throughput production\nincreasing to 57,081 tonnes of mineralized material being processed\nresulting in 3,756 tonnes of zinc concentrate and 740 tonnes of lead\nconcentrate for the month. Estimated head grade of the mineralized\nmaterial processed, concentrate grades and recoveries are presented in\ntable below.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Estimated revenues for Q4 2020, net of all concentrate\nsale deductions such as treatment charges, penalties etc., were\napproximately US$8,766,889.\n \n \n (final revenue figures are subject to review and agreement of final\nassay results)\n \n \n .  C1 cash costs, all-in\nsustaining cost per pound and other operational financial details will\nbe disclosed in the company’s upcoming annual audited financial\nstatements which are due to be filed on or before April 30,\n2021.\n \n \n \n \n “Management is delighted to see steady improvements\nwith Campo Morado operations as a result of the dedication and hard\nwork of all management and personnel at the mine site”, states Ralph\nShearing, President & CEO,\n \n \n “Operations\nhave achieved significant increases in throughput and concentrate\nproduction in an environment of increasing metal prices which is\npositively affecting revenues. Telson is looking forward to an\nexcellent year ahead during 2021 from its Campo Morado mining\noperations.”\n \n \n \n \n \n About Telson Mining Corporation\n \n \n \n Telson Mining Corporation is a Canadian based mining\ncompany with two 100% owned Mexican gold...

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