Home News UC Resources Ltd. Reports La Yesca’s Gold & Silver Production Up 80%

UC Resources Ltd. Reports La Yesca’s Gold & Silver Production Up 80%

by Mikael Harris
4 views
UC Resources Ltd. Reports La Yesca’s Gold & Silver Production Up 80%

UC Resources Ltd. (the Company) (TSX VENTURE:UC) is providing the third update on its newly commissioned plant at the La Yesca Gold and Silver project situated at La Yesca, Nayarit, Mexico.

The Mill, which was commissioned and began operations in January (see news release dated Jan 30, 2007), is a copper-ammonium thio-sulphate facility at La Yesca, Mexico. The Company is pleased to report on the mill’s progress, in this the third biweekly progress report.

During the 14 day period ending March 14, 2007, the mill has processed 924 tonnes of tailings material (an increase of 411 tonnes or 80% over the previous biweekly period) with grades averaging 2 grams per tonne (g/t) gold (Au) and 220 g/t Silver (Ag) for an average daily production of 84 tonnes per day over the 11 day span of operations. The net results of the modifications to the process in this period show an operating time increase of approximately 22% over the previous period. Downtime for this period was slightly less than 3 days as compared to 5 days in the previous bi-weekly period.

An independent metallurgist is back on the site as of yesterday, and will continue to be available to help modify and improve the process in order to reach the facility’s stated capacity of 200 tpd.

An update to the existing National Instrument (NI) 43-101 compliant report has been commissioned and will be made public upon completion.

States Richard Hamelin, President of UC Resources: “We are very pleased with the progress at La Yesca. We are currently processing approximately 100 tpd right now and this facility seems to be meeting and exceeding our expectations. We are confident that we will achieve the 200 tpd capacity of the mill. The plant’s efficiencies are very consistent, with recovery rates of 72% for gold and 70% for silver. We are initially concentrating on increasing tonnage and achieving a higher uptime. Once we achieve our tonnage goals, we will focus on increasing recovery rates to 80% for both silver and gold.”

This press release has been prepared by management of UC Resources Ltd. and has been approved for dissemination by Neil Novak P.Geo. of Cambridge, Ontario, a Qualified Person under Canadian Securities guidelines, in his capacity as Vice President for UC Resources Ltd.

On behalf of the Board of Directors,

Richard J. Hamelin, President/Director

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company’s registered filings what are available at www.sedar.com.

SOURCE: UC Resources Ltd.

Read More

Related Articles

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

NEWS7.ASIA :UC Resources Ltd. Reports La Yesca’s Gold & Silver Production Up 80%
https://follement-bijoux.com   https://les-maillots-de-bain.com   https://dedalusweb.net   https://lacavernedujouet.com   https://www.africnews.fr  
--
SAC de Rangement pour BÉBÉ LANDOU HOMEASY Sac Organisateur Bandoulière de Poussette Attachable pour Maman bébé Stroller… *  20 mètres -Bordure De Jardin Flexible, avec 20″ Super Fort (Ancres 15 cm) – Bordure De Pelouse, Bordure De Gazon, Bordure en Plastique, Palissade pour Jardin (2×10 mètres, Noir) *  Skechers Go Flex-Stride, Baskets Basses Femme, 37 EU *  * Tour Nationale du Canada à Toronto. Modèle d’Architecture d’Assemblage avec des Blocs *  When we all fall asleep where do we go ?- Vinyle Jaune pâle *  Kaloo Les Amis – Peluche Régliss’ Anon – 25 cm *  Morgan – Haut de Maillot de Bain Bandeau – Femme *  Love & Green Véritable Liniment 100% d’Origine Naturelle – Lot de 2 *  * Remo Sartori Homme Jaune and Blue Cravate Ascot Foulard, 100% Soie, doubles-pointées *  Boolavard Coton, 1er 6 ou 12 Pack Bandanas avec motif Paisley original | Couleur au choix *  https://sports-chaussures.fr   https://travel-mag.info   https://www.les-meilleurs.org   https://www.echaussures.net/   https://www.jouet-center.com   https://www.les-livres.fr   https://www.sports365.info/   https://www.7a7.biz   https://jouet-discount.info   https://maillot-de-bain-pour-femme-musulmane.com   https://www.puzzlee.org/   https://www.internet-encyclopedia.info   https://d-c-k.fr   https://www.cernodesign.com   UC Resources Ltd. Reports La Yesca’s Gold & Silver Production Up 80% : news7

news7.asia UC Resources Ltd. Reports La Yesca’s Gold & Silver Production Up 80%