Atico Mining Ups Copper Production by 31 Percent at El Roble for Third Quarter

Atico Mining (TSXV:ATY,OTC:ATCMF) announced that production at its El Roble mine for the third quarter totaled 2.7 million pounds of copper and 2,932 ounces of gold in concentrates. This is an increase of 31 and 36 percent, respectively for copper and gold, over its second quarter results.

According to the press release, highlights include:

• Production of 2.7 million pounds of copper contained in concentrates; an increase of 31% over Q2 and 93% over Q1 2014.
• Production of 2,932 ounces of gold contained in concentrates; an increase of 36% over Q2 and 156% over Q1 2014.
• Average processed tonnes per day of 493; an increase of 12% over Q2 2014.
• Copper and gold head grades of 3.60% and 3.6 grams per tonne; an increase of 18% and 15% for copper and gold respectively over Q2 2014.
• Copper and gold recovery of 92.4% and 69.5%; an increase of 3% and 10% for copper and gold respectively over Q2 2014.

Fernando E. Ganoza, CEO of Atico, said:

We are once again pleased with the strong results from our third full quarter of operating the El Roble mine. At the mill we have reached 575 tonnes processed per day and have operated at an average rate of 521 tonnes per day in September. While production has increased steadily so has the metal recovery for both copper and gold, with the latter being over 70% for September.

Click here to read the Atico Mining Corporation (TSXV:ATY,OTC:ATCMF) press release