Ascendant Resources (TSX:ASND) has announced production results
from its El Mochito mine for the second quarter of 2018
demonstrating continued operational improvements.
As highlighted in the press release:
- Record contained metal production of 22.9 million zinc
equivalent pounds, an increase of 7 percent over Q1 2018 and 49
percent over Q2 2017
- Zinc equivalent grade of 6.3 percent, representing an increase
of 3 percent over 6.1 percent zinc equivalent in Q1 2018 and a 14
percent increase over 5.5 percent zinc equivalent in Q2 2017
- Quarterly tonnes milled of 192,428 vs 186,955 tonnes in Q1 2018
and 150,785 in Q2 2017
As quoted in the press release:
“Overall, Ascendant continues to see higher throughput rates
with increased grade as it continues to focus on dilution control
and greater contribution from conventional mining in the
higher-grade chimneys. Management expects tonnes processed and ore
grades to continue trending higher over the course of the year.
This quarter also saw the largest contribution from long-hole
stoping since Ascendant gained control of the mine; the
introduction of this lower cost mining methodology is well ahead of
schedule at the mine and will continue to become a greater
percentage of production.”
Click here to read the full
Ascendant Resources (TSX:ASND) press release.
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Ascendant Resources Announces Q2 2018 Production Results
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