Jan 29 2015
Calissio Resources Group Inc. is pleased to announce the completion of property upgrades at its El Desvan Cobre property, and will begin to increase the Company's existing ore extraction program.
The upgrades at El Desvan included improvements to a main access road, and the addition of two staging points, allowing for heavier equipment access to the mine and a reduction to the ongoing wear of the existing infrastructure on the property. Calissio will now increase its existing ore extraction program at El Desvan from 200 tons per day (tpd) to 350 tpd.
Mine site improvements to allow for increased production capacity and extraction of higher grade ore are expected to keep Calissio's operating margins strong to mitigate the drop in the price of copper.
"We have completed the required enhancements to the El Desvan Cobre property, that included access roads and staging points, to facilitate an expanded ore extraction program" said Adam Carter, the President & CEO of Calissio Resources Group.
"We are anticipating a significant increase in productive capacity at both of our production facilities, so it was essential that we made the appropriate upgrades at the mine to ensure access to the high grade ore at El Desvan. We plan to use this window as an opportunity to supply additional ore for immediate processing at both San Pedro and La Jovita."
Adam Carter
President & CEO
Calissio Resources Group Inc.
Calissio Resources Group Inc., focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
Source: http://www.calissioresources.com/