Telson Resumes Mining and Milling Operations at Campo Morado, Mexico
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Telson Mining Corporation has resumed full scale mining and milling operations at its Campo Morado Mine as of January 26, 2020.
The company has re-initiated milling operations at approximately 1750 tonnes per day, intending to increase throughput rate over the coming weeks towards 2000 tonnes per day or more. Underground mining operations have been underway for approximately two weeks moving mineralized material from the mine to the mill site.
“After suspending Campo Morado mining operations during August 2019 we are very pleased to be in a position to inform shareholders that improving metal prices and improved community relations have allowed us to resume full scale mining operations to re-initiate concentrate sales and cash flows,” said Antonio Berlanga, CEO.
“With the mine back in production the local community of Arcelia will once again have a major source of employment available and will benefit from the renewed economic activity,” added Berlanga.
About Telson Mining Corporation
Telson Mining Corporation is a Canadian based mining company with two 100 percent owned Mexican gold, silver and base metal mining projects.
Telson’s Tahuehueto mining project, located in north-western Durango State, Mexico is currently under construction having advanced to approximately 70 percent completion and waiting for final funding to finish construction of the processing plant and related assets to produce gold, silver, lead and zinc in concentrates within its own on-site mineral processing facility, with a designed capacity of at least 1,000 tonnes per day. The company is targeting completion of construction during 2020, six to eight months after securing final funding.
Campo Morado is a polymetallic base metal mine with mining and milling equipment capable of producing up to 2,500 tonnes per day. Four months after purchasing Campo Morado, Telson brought the mine back into operation initiating preproduction in October 2017 and declared commercial production in May 2018, operating the mine continuously for 22 months until August 2019 when the project was put on care and maintenance as a result of declining zinc prices and community issues. With improving current conditions Telson just brought the mine out of care and maintenance and reinitiated mining and milling operations during January 2020.
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