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Telson Resources Inc. Delivers Second Shipment of Concentrates from Tahuehueto Pre-Production Plan
(via TheNewswire) Vancouver, British Columbia / TheNewswire / August 14, 2017 - Telso...
About this update from Luca Mining Corp
[{"type":"text","content":"Telson Resources Inc. Delivers Second Shipment of Concentrates from Tahuehueto Pre-Production Plan(via TheNewswire)\n \n \nVancouver, British Columbia / TheNewswire / August 14, 2017 - Telson Resources Inc. (\"Telson\" or the \"Company\") (TSX Venture - TSN.V) is pleased to announce that the second shipment of lead and zinc concentrates processed at the Atocha mineral processing plant (the \"Atocha Mill\") has been delivered to Mercuria Commodities Trading, S.A. de C.V. (\"Mercuria\") as per the concentrate purchasing arrangement first announced in the Company's news release of July 6, 2017.\n\n \n \n \n\n\nClick Image To View Full Size\n\n\n\nSix concentrate transport trucks departed Atocha Mill site on Aug 11, 2017 carrying four loads of zinc concentrate, totaling approximately 129 dry tonnes and two loads of lead concentrate, totaling approximately 62 dry tonnes.\n\n\n\n \n \nPre-production concentrate delivered and/or, en-route to Mercuria as of Aug 11, 2017 total approximately 227.5 dry tonnes of zinc concentrate and 128.7 tonnes of lead concentrate. The accumulated average metallurgical balance of all pre-production processing is shown below,\n\n \n \n\n\n\nClick Image To View Full Size\n\n\n\nThe above metallurgical balance summary has been derived from daily continuous sampling and analysis of ore throughput, concentrate production and tailings material at the Atocha Mill site laboratory. The reader is cautioned that although the Atocha Mill laboratory is not considered a compliant laboratory under NI 43 101 guidelines, the sampling and analysis is considered standard procedure for the industry and is of sufficient quality and quantity to determine average assay results acceptable to Mercuria for preliminary invoicing of up to approximately 85% of the contained metals. Upon delivery of the concentrates to Mercuria's warehouse in Manzanillo, a fully independent third-party consulting laboratory, as well as Mercuria, thoroughly sample and analyse all the delivered concentrate in an industry standard monitored procedure. By comparing the assay results obtained at the Atocha Mill, Mercuria and the independent assay consultant, a fair assay grade, metal content and sale price is agreed to between the Company and Mercuria. When final assay results are fully determined and accepted by the parties, likely within the next two wee...