Telson Mining Corp. ) is pleased to once again report significant channel sample assay results from underground mine development at it’s Tahuehueto Project, a 1,000 tonne per day gold mine currently in construction development. Ongoing sampling during underground development continues to return results that verify the reserves and resources within the geological model and demonstrate the high quality of the gold [...]
Telson Mining Corp. ) is pleased to report its first quarter 2019 summary financial and operating results. The full unaudited consolidated interim financial statements and related management discussion and analysis for the three months ended March 31, 2019 can be found on the company website at www.telsonmining.com as well as the SEDAR website. Highlights for the three months ended March 31, 2019 Campo Morado Operational [...]
Telson Mining Corp. ) is pleased to announce results of historic Leachox Process testing for the possible increase of gold and silver recoveries on the Campo Morado tailings material in 2013 by Maelgwyn Mineral Services of Cardiff UK. Highlights Final Tails The test work achieved a maximum gold dissolution of 65 % after an effective 10 passes of Aachen oxidation, at a grind specification of 80% - 20 ?m. The maximum silver [...]
Telson Mining Corp. is pleased to report positive testing results for increasing the SAG Mill throughput processing rate by at least 15% by reducing the size of crushed mill feed. Highlights During 4 hours of testing 382 tonnes were milled at 80% -2 inch obtaining an average processing rate of 95.5 tonnes/hour Testing at 80% -2 inch achieved approximately 15% increase over processing 100% -5-inch feed. Projected [...]
Telson Mining Corp. is pleased to report significant assay results from underground development on the El Creston Zone at its Tahuehueto Mine development and construction Project in Durango State, Mexico. Highlights Tahuehueto underground development within the El Creston Zone , has returned significant grades over appreciable widths. Channel sampling results received to date are presented below. Additional channel [...]
Telson Mining Corp. is pleased to provide a development update and reports significant assay results from underground development at its Tahuehueto Mine development and construction Project, Durango State, Mexico. Highlights Tahuehueto underground development along the major mineralized structure , El Perdido, has now been extended approximately 150 meters along strike to the north-east from the Level 12 access decline [...]
Telson Mining Corp. is pleased to present an operational and financial update for full year 2018 for its 100% owned Campo Morado Mine located in Guerrero State, Mexico. Campo Morado 2018 Pre-Production and Commercial Production Highlights Mill processed 585,601 Tonnes of mineralized resources during 2018, Average head grade of 4.26% Zinc, 0.37% Copper, 1.10% Lead, 1.02 g/t Gold, 118 g/t Silver Sold on a combined basis an [...]
Telson Mining Corp. ) is pleased to announce that it has reached an agreement to amend the terms of its Loan Agreement dated June 13, 2018 with Nyrstar Canada Ltd . The amended terms of the Loan Agreement will help Telson to better manage its cash flows at Campo Morado in a subdued zinc price environment. Effective November 19, 2018, Telson and Nyrstar agreed to amend the terms of the Loan Agreement to reduce the monthly [...]
Telson Mining Corp. ) is pleased to announce retaining Glencore Technology to conduct Albion ProcessTM leach testing of newly processed flotation tailings and historic tailings to increase recoveries of gold and silver, plus zinc flotation testing focused on Jameson CellTM technology to increase zinc recoveries and zinc concentrate grade at the Campo Morado Mine. States Antonio Berlanga, Telson CEO, “In our ongoing [...]
Telson Mining Corp. ) is pleased to report that it has received US$5 million for the second tranche of the loan agreement with Trafigura Mexico S.A. de C.V. , advanced under the Loan Facility and Offtake Agreement originally announced by the Company Dec 18, 2017, for the rehabilitation, construction, operation and working capital of the Tahuehueto Mine. Highlights Trafigura, one of the world’s leading independent [...]
Telson Mining Corp. ) would like to issue a correction to its news release issued today reporting the conclusion of a renewable power purchase agreement “Green Energy Agreement” for Campo Morado mine. It was incorrectly reported that the estimated equivalent value converted to Canadian dollars was CAD$0.72 per kilowatt hour . The correct cost is approximately CAD$0.072 per kWh at current exchange rates. This [...]
Telson Mining Corp. ) is pleased to report concluding a renewable power purchase agreement “Green Energy Agreement” for Campo Morado mine. Highlights A 10-year term take-or-pay purchase agreement for renewable sources generated electrical energy at a cost of MXN$1.10 per kilowatt hour or equivalent to CAD$0.72 per kWh at current exchange rates Green Energy Agreement comes into effect no later than June 2019 [...]
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