MANAGEMENT

First Plomosas ore shipped for sale

The first shipment of ore has left Consolidated Zinc's Plomosas zinc-lead-silver project in Mexico

Staff Reporter

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PRESS RELEASE: The company plans to deliver 100t per day to the Santa Eulalia concentrator for the rest of this month for processing. Thereafter the Plomosas mine will scale up operations in order to deliver feed to the concentrator at or above 10,000t per month within nine months.

The Plomosas mine has been brought back into production in a safe and responsible manner utilising local contractors and experienced executive staff, the company said.

No accidents or incidents were incurred in bringing the Plomosas mine back into production and commissioning occurred smoothly and according to plan.

Brad Marwood CEO was at site for the first delivery to Santa Eulalia concentrator and said: "We are very pleased that our Mexican team established mining operations on time, under budget and in a safe manner.

"There is great potential at Plomosas and this cashflow from early production has created the financial means to begin unlocking that potential."

First revenues from the project are expected in October-November.

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