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Message: Re: Update on operations - Please see Company Profile
1
Feb 07, 2011 11:14AM
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Feb 09, 2011 12:38PM

States as follows:

"The La Yesca mill has now achieved a mill throughput rate of 250 metric tonnes per day. It is planned to stabilize the mill feed at this rate over the next few months before slowly moving higher to test maximum throughput potential of the mill. Two independent studies suggest that the mill is capable of providing the grinding capacity required of a higher feed rate but at this time the optimum rate is unknown.

Once the milling facility is stabilised at a rate of 250 tonnes per day the focus will shift to maximizing recoveries through metallurgical chemical balancing, etc., which is presently just beginning and will take time as with all mill start-ups. This week the companies mill and metallurgist consultant is on-site monitoring results and preparing plans to further advance the fine tuning process. To date during the start-up process testing, in excess of US$110,000 dollars of material has been produced and sold while going through normal starts and stops, tests and low chemical values which is a normal part of any start-up operation. The company believes the mill is now ready for this next phase of the commissioning process with the 250 tpd rate having been achieved over an extended number of days".

This is effective 2011/02/09

Good Enough?

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