OTCPK:MSSNF - Post by User
Comment by
cntnboyon Apr 04, 2008 9:29am
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Post# 14938029
RE: When is initial production?
RE: When is initial production?VANCOUVER, Feb. 28 /CNW/ - Sable Resources Limited (TSX.V: SAE) is pleased to announce that it has commenced production at the Company's wholly owned Baker Mil. Underground development at the Shasta Mine has been completed to access three levels. Mineralized material is currently being extracted from multiple working faces.
Milling operations have commenced at a current rate of 170 tons per day. The Company expects to begin pouring dore shortly.
Over the next two quarters the Company anticipates refining operations to improve throughput and efficiency. Historically, the Baker Mill has operated up to 250 tons per day with recoveries averaging 90% for silver and 93% for gold.
The Company looks forward to providing its shareholders with a more detailed update on operations once revenues are commenced from the sale of dore.
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