RE: RE: US Silver produces 634,791 in Q1As of last report, cash cost per ounce was $12.02.
The headline banner on USA's website highlights "Profitable Production from the World's most prolific silver belt".
Their corporate presentation (also on their website
https://www.us-silver.com/s/Home.asp), contains the following info.:
2008 Significant Changes
• Increased production and grade control
•
Cut total cash cost from $28.40 to $12.02 oz
• Renegotiated Cu-Ag smelter contract
• Production Dec 08 –Feb 09 >650,000 oz Ag
• New board and management
2009 Operating Objectives
•
Further reduce total cash cost to $11.00 oz
• 2009 Production Plan:
• 2.9M oz Ag
• 6.8M lb Pb
• 1.6M lb Cu
• Improve mill head grade to 15 oz/ton
• Improve critical infrastructure
• Systematically replace mined reserve