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Atico Mining Corp V.ATY

Alternate Symbol(s):  ATCMF

Atico Mining Corporation is a Canada-based company, focused on exploring, developing, and mining copper and gold projects in Latin America. Its segments include El Roble mine, El Roble exploration and evaluation (E&E), La Plata E&E. Its El Roble mine segment include its mining operations at El Roble. Its El Roble E&E segment include E&E activities at El Roble. La Plata E&E segment include E&E activities at Compania Minera La Plata S.A. (CMLP). The Company’s principal project El Roble mine is an underground copper, gold and silver mine and processing plant located in the Department of Choco in Colombia. This operating underground mine has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide (VMS) deposit. The La Plata project consists of two concessions covering a total area of 2,235 hectares along its nine-kilometer length, which contains mineralization in two VMS lenses and nine priority exploration targets.


TSXV:ATY - Post by User

Bullboard Posts
Post by yoda2on May 06, 2015 1:44pm
157 Views
Post# 23700557

Q1 production looks horrible!

Q1 production looks horrible!

See:  https://www.aticomining.com/i/pdf/news/2015-04-30_NR_8BvavW.pdf

Q1 2015  production is down significantly from Q4 2014:

Cu from 2,909 ibs to 2,000 ibs (down almost one-third).

Au  from 3,304 ounces to 2,291 ouces ( down about 30%).

LOOKS BAD! -- management says it should get better. Hope they are correct.

Bullboard Posts