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    Results in for Cineguita’s Third Fiscal Quarter

    Investing News Network
    Mar. 21, 2012 10:07AM PST
    Gold Investing

    Pan American Goldfields Ltd.(OTCQB:MXOM) announced mineral production and revenues fro Q3, ending November 30th at its Cieneguita project. Third quarter production averaged 496 tonnes per day and from the first 15 meters of the Cieneguita resource.

    Pan American Goldfields Ltd.(OTCQB:MXOM) announced mineral production and revenues from Q3, ending November 30th at its Cieneguita project. Third quarter production averaged 496 tonnes per day from the first 15 meters of the Cieneguita resource.

    As quoted in the press release:

    Production in the Company’s fiscal third quarter (September-November) averaged 496 tonnes per day through the ball mill, with average feed grades of 1.48 grams per tonne (“g/t”) gold and 86 g/t silver, and recoveries of 89% and 90%, respectively. A total of 4,162 tonnes of bulk concentrate was produced during the quarter, containing a total of 1,843 ounces of gold and 109,486 ounces of silver.

    Click here to read the Pan American Goldfields Ltd. (OTCQB:MXOM) press release
    Click here to see the Pan American Goldfields Ltd. (OTCQB:MXOM) profile

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