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IMPACT Silver Corp. (TSXV:IPT) announced that their Cuchara-Oscar Mine has moved into production.
IMPACT Silver Corp. (TSXV:IPT) announced that their Cuchara-Oscar Mine has moved into production.
As quoted in the press release:
Initial production at Cuchara-Oscar will come from the Marqueza Vein, with plans to expand production to the nearby Oscar, Resguardo and Maria de Jesus Veins later in 2013. The Cuchara-Oscar Mine is projected to provide approximately 20% of the mineral feed in 2013 to the Guadalupe Processing Plant with the balance of the feed mainly provided by the currently producing San Ramon and Noche Buena Mines. The feed from the Cuchara-Oscar Mine will replace lower grade silver production from the Chivo Mine. The average silver mining grade at the Cuchara-Oscar in 2013 is anticipated to be 270 grams per tonne (g/t), which will allow for an increase in overall silver production at the Guadalupe Plant.