Cyprium Mining to Double Capacity of Mexico-based Flotation Plant

Cyprium Mining Corp. (TSXV:CUG) announced expansion plans for its flotation plant in Aldama, Mexico. Its two main objectives are to maximize recoveries at the plant and ultimately double its capacity to 200 tons per day.

The company is investing about US$400,000 into achieving those objectives.

Alain Lambert, chairman and CEO of Cyprium, commented:

We want to make the Aldama plant the go-to place for small miners in the area and for that we need the most modern and efficient flotation plant possible. The plan announced today is designed to achieve this.

The relationships we are building with small miners to consistently bring minerals to our plant are in great part based on trust and the key to building trust in our industry is transparency. Whether we purchase minerals at a set price or on a shared profit basis, the miners must know that we are doing a good job processing minerals so that they know they are getting paid a fair price. Transparency includes having a full modern lab on site that can accurately assay the grades and test the metallurgical properties of the minerals and concentrates.

The company’s press release also states:

The month of May was a busy month for the company. Cyprium announced two agreements regarding supply of mineralized material, officially started the flotation process of the first 1,000 tons of stockpiles from the historic Potosi Silver mine located just 42 kilometers from the Aldama plant and just recently tested the first concentrates produced from the Potosi stockpiles.

Click here to read the full Cyprium Mining Corp. (TSXV:CUG) press release.