Largo Achieves Two New Production Records at Maracas Menchen Mine

Largo Resources Ltd. (TSXV:LGO) announced that it has achieved two new production records at its Maracas Menchen mine in Brazil on August 23 and 24.
As quoted in the press release:

The Company achieved a new daily production record on Monday August 23^rd of 27 tonnes of V2O5, which represents approximately 102 percent of the plant’s daily design capacity.
This record performance was surpassed on Tuesday August 24^th with daily production totalling 29 tonnes of V2O5 or approximately 110 percent of the plant’s daily design capacity.
The Company also recently achieved a new record for a single production shift (3 production shifts per day) of 11 tonnes which further indicates the Plant’s capability to further increase daily production rates.

Mark Smith, president and CEO of Largo, commented:

This is an enormous achievement for Largo and the Maracas Menchen Mine. Following a record month of production in July of 607 tonnes, we have again set new records in August by achieving daily production rates above design capacity over two consecutive days. These records demonstrate the Plant’s increasing operating efficiency as well as proves that we are able to achieve stability at levels at and above the plant’s design capacity. I would like to applaud our technical team for their continued determination to exceed our production targets. We expect to see continuing growth in average production rates over the next several months as our engineering improvements are installed.

Click here to read the full Largo Resources Ltd. (TSXV:LGO) press release.