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Largo Resources Ltd. (TSXV:LGO) announced an update on production at its Maracas Menchen Mine.
Largo Resources Ltd. (TSXV:LGO) announced an update on production at its Maracas Menchen Mine.
As quoted in the market news,
During the month of March, production rates and recoveries at the Project stabilized and increased significantly, including at the leaching system. Several new records were achieved for overall production rates during March including a new record for production in a single day of 21 tonnes, or approximately 81% of design capacity.
Mr. Michael Mutchler, Chief Operating Officer to Largo, stated:
We are extremely pleased with the recent stability we have achieved at the Project. During the month of March the Project has demonstrated its ability to achieve design recoveries at several systems, while production rates have also grown substantially overall. We are still in the ramp-up period, and as such, there is still more work to do to achieve capacity and design rates on a stabilized basis, but the significant improvement in performance this month has provided an excellent foundation to continue to grow production and consistency.
Click here for the full Largo Resources (TSXV:LGO) Ltd. Press release