SilverCrest Achieves Record Silver Production in Q2 at Santa Elena

SilverCrest Mines Inc. (TSXV:SVL,NYSE:SVLC) announced that silver production in the second quarter rose by 26 percent over Q1, for a record of 194,022 ounces.

As quoted in the press release:

Production Highlights of Q2, 2013 vs Q1, 2013;
Record silver production of 194,022 ounces; a 26% increase from Q1.
Gold production of 7,463 ounces; a 3% increase from Q1.
Silver equivalent production of 665,684 ounces; a 20% increase from Q1.
Waste to ore ratio was consistent with the mine plan at 2.52; a 41% decrease from Q1.
Ore Tonnes crushed increased 18% to 307,091 tonnes with throughput averaging 3,375 tpd.
Total ounces delivered to the pads increased significantly by 25% and 13% for silver and gold respectively.

SilverCrest’s Chairman and CEO, J. Scott Drever, said:

We are pleased with production results for the second quarter which tracked well to budget. For the first six months of 2013, silver production was 347,503 ounces (11% above budget) and gold production was 14,688 ounces (11% below budget). We are starting to mine the planned higher ore grades from open pit so anticipate increased ounces produced in the second half of 2013. Based on continually exceeding forecasted silver ounces produced each month, we are increasing our annual silver production guidance from 625,000 ounces to 675,000 ounces. We are maintaining our annual gold production guidance of 33,000 ounces for 2013.

To view the whole press release, click here.