"The Company has sold MK Metals an initial inventory of 400
tonnes of lead concentrates and 450 tonnes of zinc
concentrates. The shipments started on Saturday and will be
finished this week. The total value of these shipments will be
approximately US$1.2 million.
With regard to our gold/pyrite concentrate, we have conducted
several metallurgical tests to optimize the Net Smelter Return
(NSR) value of the pyrite/gold concentrate. We are in the
process of evaluating certain options for this concentrate and
once we have identified the best option we will report it to our
shareholders. We currently have a pyrite/gold concentrate
inventory of 7,000 tonnes containing approximately 5,000
ounces of gold and 35,000 ounces of silver."
