Cyprium Mining Corporation (TSX-V: CUG) announced the start of production at the Potosi silver mine located in the historic Santa Eulalia District, Chihuahua, Mexico.
Production activities are focused on the “Tunel” mineralized body, on levels 1 to 4 of the Potosi mine.
All mineralized material extracted from the mine is sent to the Aldama flotation plant located 42 km from the Potosi mine. The Aldama plant has a capacity of 100 metric tons per day and Cyprium has the exclusive rights of use to May 2019. The lead and zinc concentrates produced at the plant are shipped to Trafigura Mexico. The Company is responsible for the supervision of all metallurgic processes, including quantitative chemical analysis, assaying of samples, determining feed grades and the sale of concentrates.
Pictures and videos of production activities can be found at the following link:
About The Santa Eulalia Mining District
Santa Eulalia is a world class polymetallic mining district located in the central part of the State of Chihuahua, Mexico, approximately twenty-two kilometers east of the City of Chihuahua. Mineralization in the area was originally discovered during the Spanish colonial period in the 1500’s, and recorded production has occurred over more than 300 years. Santa Eulalia ranks as one of Mexico’s primary silver and base metal producing districts with over 500 million ounces of silver and substantial amounts of lead and zinc mined. The Santa Eulalia district is a Carbonate Replacement Deposit (CRD) and is the largest of its type known in Mexico. Production and reserves for the district have been estimated to be about 50 million metric tons with grades of 125-350 g/t Ag, 2-8% Pb and 3-12% Zn.