Mercator Minerals Reports 2011 Third Quarter Production Results

Mercator Minerals Ltd. (TSX:ML) announced its production results for third quarter 2011.

As quoted in the press release:

Production for the quarter totalled 10.5 million pounds of copper, 2.0 million pounds of molybdenum and 178,000 ounces of silver. During the month of September, the Mineral Park Mine produced nearly 3.9 million pounds of copper, a record 0.7 million pounds of molybdenum, and 68,000 ounces of silver.

Mercator’s President and CEO, Bruce McLeod said:

“Our focus in the upcoming quarter is to sustain Phase II targeted production levels of at least 50,000 tons per day, while maintaining recovery levels and lowering production costs.”

Click here to read the Mercator Minerals (TSX:ML) press release.