"..Mr. Lambert commented: "Last week marked a significant milestone for our company as we officially started the flotation process of the first 1,000 tons of stockpiles from the historic Potosi Silver mine located just 42 kilometers from the Aldama plant. For a short video of the opening ceremony we held with our employees, just click here"
Mr. Lambert added: "With the start of operations behind us, I look forward to leading our team in the execution of Cyprium's business plan. Our plan is clear and is centered on four strategic imperatives. First and foremost we need to secure medium to long-term supply of mineralized material with acceptable head grades from nearby mines for the plant. Secondly, we will optimize plant processes and continue to improve efficiencies to maximize recoveries in order to ensure satisfactory margins. Thirdly, we will make investments to double the current plant capacity 100 tons per day before the end of the year. Finally, we will continue to evaluate opportunities in northern Mexico which will include the possible acquisition or co-participation in existing mines and/or plants where we can deploy our financial resources and technical expertise for the benefit of our shareholders.".."
|