Telson Resources is pleased to announce that processing of Tahuehueto ore for mineral recovery at the Atocha toll mill is underway. It is planned to process the ore at 300 tonnes or more per day. To date approximately 4,600 tonnes of ore has been delivered to the Atocha mill site and approximately 1,500 tonnes of this ore has been processed through the sulfide flotation mill circuit to recover metal concentrates. A [...]
Telson Resources is pleased to announce that it has closed the final tranche of the private placement as announced in a press release dated June 14, 2017 and accordingly has issued 1,732,691 shares at 55 cents per share, and paid an additional US$700,000 to Nyrstar Mining which concludes all payments that were currently due under the agreement terms as summarized in the former referenced press release. The funding was [...]
Telson Resources is pleased to announce that it has entered into a mineral processing agreement with Compania Minera de Atocha, S.A. de C.V., the owner of the Atocha mineral processing plant (the "Atocha Mill") for the processing during 2017 of at least 21,000 tonnes of Tahuehueto ore. Ore is being mined from the El Creston zone at Level 10, the same location as the previous 3,500 tonne industrial scale bulk sample (the [...]
Telson Resources is pleased to announce that it has received final TSXV approval for and has closed its acquisition of the Campo Morado mine, located in Guerrero State. Further to its news release of April 27, 2017, Telson has closed the Share Purchase Agreement, as amended with Nyrstar Mining Ltd. and Nyrstar Mexico Resources Corp. and has purchased all of the shares of Nyrstar's Mexican subsidiary companies that make up [...]
Telson Resources is pleased to announce that is has entered into a definitive Share Purchase Agreement with Nyrstar Mining Ltd. and Nyrstar Mexico Resources Corp.to purchase all of the shares of Nyrstar's Mexican subsidiary companies that make up and own 100% of the Campo Morado mine, located in Guerrero State, Mexico (the "Campo Morado Mine"). Under the terms of the Agreement Telson has agreed to pay total purchase price [...]
Telson Resources is pleased to announce the appointment of Senor Remigio Martinez Muller to its Board of Directors, effective immediately. Sr. Martinez worked his whole professional career with Grupo Mexico starting in 1967 as a Mine Geologist in Taxco, Guerrero and ending as Grupo Mexico's Director of Exploration in 2013. From 2013 to 2016 he maintained an exclusive consultant position with Grupo Mexico and became an [...]
Telson Resources is pleased to announce that it has secured a USD $2 million credit line for leasing underground and surface mining equipment for mine development at its 100% owned Tahuehueto Project (the "Project") located in northern Durango State, Mexico. This credit line has been secured with Caterpillar Credito SA De CV ER in the form of financial leasing that will require a down payment of 15% for new Cat surface [...]
Telson Resources is pleased to announce that it has finalized the sale of lead and zinc concentrates produced from its industrial scale bulk sample collected from the El Creston zone on its 100% owned Tahuehueto Project located in northern Durango State, Mexico. Mercuria Commodities Trading purchased all 259 tonnes of zinc concentrate as well as 97 tonnes of lead concentrate with the remaining 104 tonnes of lead [...]
Telson Resources is pleased to announce that it has completed an agreement for the acquisition of a sulfide flotation mineral processing facility, The Tahuehueto Mineral Processing Plant consists of most of the milling equipment required, once installed and operational, to process Tahuehueto ore at an estimated capacity of at least 550 tonnes per day at the Tahuehueto project. A complete list of the milling and processing [...]
Telson Resources is pleased to announce that further to the Company's news release dated December 06, 2016, the independent National Instrument NI 43-101 compliant Pre-Feasibility Study for its Tahuehueto project in Durango has been filed on SEDAR. This PFS has been prepared by Metal Mining Consultants based in Highlands Ranch. Metal Mining Consultants is a full-service mining engineering firm, specializing in all aspects [...]
Telson Resources today announces that it has closed the sale of its first lead and zinc concentrates produced from its industrial scale bulk sample collected from the El Creston zone on its 100% owned Tahuehueto Project located in Northern Durango State. Mercuria Commodities Trading has purchased and partially paid for 98.77 tonnes of lead concentrate and 29.35 tonnes of zinc concentrate resulting in cash of USD $332,919 [...]
Telson Resources today announced the positive results of a Pre-Feasibility Study for its 100% owned Tahuehueto located in Northern Durango State, Mexico. The PFS was completed by Metal Mining Consultants of Highlands Ranch, Colorado. Updated Mineral Resources and a new Mineral Reserve estimate have been independently estimated for the Project. Highlights of the Tahuehueto Project Pre-Feasibility Study (All costs $USD [...]
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