Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) said Tuesday that its flagship Campo Morado mill in Mexico has processed nearly 41,000 tons of material since being brought back online in January 2020.
The Vancouver-based miner’s mill produced around 3,200 tons of zinc concentrates and 636 tons of lead concentrates to average around 1,900 tons throughput per day over 22 days back in operation.
For eleven of those days, the mill exceeded 2,000 tons per day and maxed out at a rate of 2,193 tons per day, Telson CEO Ralph Shearing told investors in a release.
Campo Morado is a polymetallic base metal mine with mining and milling equipment capable of producing up to 2,500 tons per day. The project was put on care and maintenance in August 2019 as a result of declining zinc prices and community issues, but Telson reinitiated mining and milling operations in January as commodity prices improved.
Over the 22-day period back in operation, average grades of concentrate produced reached 46.3% zinc, 498 grams per ton silver, and 0.9 grams per ton gold, while lead concentrate processed reached 21.7% lead, 4.6% copper, 636 g/t silver and 3.7 g/t gold.
Average recoveries achieved were 71.7% zinc, 32.2% lead, 45.4% silver and 13.1% gold.
"Production continues with a markedly reduced workforce and all efforts are being made to minimize site costs to maximize potential profit in the current base metal markets,” CEO Shearing told investors in a statement.
The miner also owns the Tahuehueto project in Durango State, Mexico, which is currently under construction.
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