Atico Produces 4.52 Million Pounds of Cu and 2,813 Ounces of Au in Third Quarter 2016

- October 18th, 2016

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 18, 2016) – Atico Mining Corporation (TSXV:ATY) announces its operating results for the three months ended September 30, 2016 from its El Roble mine.

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 18, 2016) – Atico Mining Corporation (TSXV:ATY) announces its operating results for the three months ended September 30, 2016 from its El Roble mine. Production for the quarter totaled 4.52 million pounds of copper and 2,813 ounces of gold in concentrates, an increase of 39% for copper and a decrease of 5% for gold over the same period in 2015.
“The Company has had a solid operating quarter as the El Roble mine performance has stayed in line with expectations and remains on target to meet our annual consolidated production guidance,” said Fernando E. Ganoza, CEO. “We commend the operation team which was able to swiftly make adjustments and partially mitigate the impact caused by the national transportation strike which began in the second quarter and concluded in late July. We look forward to strong fourth quarter and 2016 results”.
Third Quarter Operational Highlights

  • Production of 4.52 million pounds of copper contained in concentrates; an increase of 39% over Q3 2015.
  • Production of 2,813 ounces of gold contained in concentrates; a decrease of 5% over Q3 2015.
  • Average processed tonnes per day of 766, an increase of 19.5% over Q3 2015.
  • Copper head grade of 3.48%, an increase of 7% over Q3 2015.
  • Gold head grade 2.08 grams per tonne; a decrease of 26% over Q3 2015.
  • Copper and gold recovery of 94.6% and 67.9%; no significant change for copper and gold over Q2 2015.

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