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Operationally, 51.5 tonnes of copper-gold and 460 tonnes of iron concentrate were sold in February from 1,341 tonnes of material processed at the plant, generating a provisional $125,460 (U.S.) in sales (approximately $180,000 (Canadian)). In January, 55 tonnes of copper-gold concentrates and 800 tonnes of iron concentrates were sold, representing $150,800 (U.S.) (approximately $217,152 (Canadian)) in provisional sales*.
The plant is processing material from Santa Beatriz and two independent sources local to the plant. This additional third party mineralized material will be used to supplement feedstock while Santa Beatriz continues development.
The addition of this material will improve the throughput at the plant to 2,500 tonnes in March with expected further increases in the coming months as new material is sourced.
Santa Beatriz to date has extracted and shipped to the plant a total of 718 tonnes and processed 654 tonnes.
The company drill rig is set up at Santa Beatriz in anticipation of starting operations the week of March 17. This drilling will provide an estimation of the copper-gold-iron mineralization along strike and downdip for potential mine expansion and increased future mineral extraction.
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