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SilverCrest Mines Inc. (TSXV:SVL) announced first quarter 2012 financial results, including cash flow highlights and silver sales.
SilverCrest Mines Inc. (TSXV:SVL) announced first quarter 2012 financial results, including cash flow highlights and silver sales.
As quoted in the press release:
Silver sales were 139,771 ounces (2011 – 57,569) at an average realized price of $32.62 (2011 – $33.32). All silver production is unencumbered and sold at spot prices.
SilverCrest’s President, J. Scott Drever said:
The Santa Elena open pit heap leach mine operations continue to perform well and generated cash flows of $12.2 million which will help finance the Santa Elena Expansion plan to double metals production by 2014 and accelerate the exploration and development of our polymetallic La Joya Project.
Click here for the SilverCrest Mines Inc. (TSXV:SVL) press release.
