Telson Resources Inc has announced that processing of Tahuehueto ore for mineral recovery at the Atocha toll mill is underway. It is planned to process the ore at 300 t or more per day. To date approximately 4,600 t of ore has been delivered to the Atocha mill site and approximately 1,500 t of this ore has been processed through the sulphide flotation mill circuit to recover metal concentrates. A further 900 t have been mined and are stockpiled at the Tahuehueto mine site pending delivery to the Atocha mill.
Mining is continuing underground from the Level 10 ore shoot estimated to contain at least 50,000 t. Telson intends to continue mining on a continuous basis to generate cash proceeds during the Tahuehueto mine construction phase.
Commodities to be recovered are gold, silver, lead, zinc, within lead and zinc concentrates. The company is anticipating similar head grades and recoveries to those that were achieved during its industrial scale bulk sample test completed earlier this year as the ore is being mined from the same zone. Testing on the February 2017 industrial scale bulk sample returned an average head grade of 9.5 g/t gold, 63.9 g/t silver, 3.54% lead and 6.24% zinc. Sulphide flotation processing produced:
All the concentrates from the February 2017 industrial scale bulk sample were sold generating cash receipts of approximately $1.47 million.
Telson Resources Inc is a Canadian-based resource development company advancing two gold, silver and base metal projects towards production over the coming months of 2017 and early 2018. Telson’s Tahuehueto project, located in north-western Durango State, Mexico and its recently acquired Campo Morado mine in Guerrero, Mexico purchased from Nyrstar Mining are both polymetallic deposits containing significant gold, silver, lead, zinc and copper. Subject to securing funding, Telson plans to recommence mining operations at Campo Morado within three to five months while at the same time develop its Tahuehueto project through the mine construction phase with an anticipated timeline to be producing at the project site in its own mineral processing facility by the first quarter of 2018 or earlier.