Telson Mining Corp. is pleased to present pre-production results of development mining, concentrate production and metallurgical balances for the first three months of 2018 at its 100% owned Campo Morado Mine located in Guerrero State, Mexico. Campo Morado 1st Quarter 2018 Preproduction Highlights Mill processed 148,676 Tonnes of mineralized development material during first quarter 2018 with, Average head grade of 3.65 [...]
Telson Mining Corp. is pleased to announce the positive result of an independent Preliminary Economic Assessment study prepared in accordance with National Instrument 43-101 on the 100% owned Campo Morado Mine located in Guerrero State, Mexico. Campo Morado PEA Highlights1 - Pre-tax Net Present Value at a 8% discount rate of US$81Mn - After-tax NPV at a discount rate of 8% of US$65Mn - Undiscounted cash flow before income [...]
Telson Resources announces that, in connection with the recent commencement of pre-production mining at the Company's Tahuehueto and Campo Morado mines, the Company's Board of Directors have determined to change the Company's name to "Telson Mining Corporation". The change will become effective at the open on Wednesday, February 21, 2018. Antonio Berlanga, Chief Executive Officer and Director of the Company commented [...]
643 tonnes lead and 1,039 tonnes zinc concentrates sold 100% for total cash proceeds of approximately USD $5.24 million received by Telson - Average grade of lead con sold 46.8% lead, 122.2 g/t gold, 1,292 g/t silver, 13.5% zinc, 2.5% copper. - Average grade of zinc con sold was 48.9% zinc, 4.95 g/t gold, 128.3 g/t silver, 1.40% lead, 0.39% copper. - Telson to change its name to TELSON MINING CORPORATION to reflect its [...]
Telson Resources is very pleased to announce the successful startup of pre-production development mining and processing at its 100% owned Campo Morado mine located in Guerrero, Mexico. Pre-production test milling operations started on October 14, 2017 and the mill has run continuously on a 24 x 7 basis, 71 out of 74 available days through to December 31, 2017, for a 96% operational efficiency. Mining and milling [...]
Telson Resources regrets to announce the death of an employee of Tuneles y Servicios GMS, a company contracted to conduct underground mining operations at the Tahuehueto project in Durango. Jose Antonio Berlanga, Telson's Chief Executive Officer, stated, "We are deeply saddened by this unfortunate and tragic event and send our condolences and sympathies to the family of the deceased; the thoughts and prayers of Telson's [...]
Highlights: Executed secured loan facility with Trafigura for US$15 million for Tahuehueto mine construction. Funding enables construction of mineral processing facility, related mining facilities, plus infrastructure and underground development at Tahuehueto - Funds Available to the Company in Three Tranches According to Development Progress and certain conditions with first tranche of US$7.5Mn already received in [...]
Telson Resources advises that all warrants issued as part of a unit private placement on November 17, 2015 have been exercised resulting in proceeds to the Company of CAD$1,000,000. "We appreciate the dedicated support of our shareholders", commented Antonio Berlanga, Chief Executive Officer, Telson Resources Inc. "This is an exciting time for our Company as we expand our production efforts advancing both of our Mexican [...]
Five Transport Trucks Carrying Telson's First Campo Morado Concentrate Production have been shipped and delivered to Trafigura Mexico - Delivery Included approximately 225 wet Tonnes of Zinc Concentrate - Additional 575 tonnes of zinc concentrate and 250 tonnes of lead concentrate produced and schedule for shipping this week. - Campo Morado Mineral Processing Plant Running Continuously 24/7 - Senior Securities Lawyer with [...]
Telson Resources is very pleased to announce the completion of a new Canadian National Instrument NI 43-101 mineral resource estimate for its Campo Morado property in Guerrero State. This resource estimate has been prepared by Eric Titley P.Geo. of Titley Consulting Limited based in Vancouver, British Columbia. Click Image To View Full Size Notes: These resources estimates have been prepared in accordance with NI 43-101 [...]
Telson Resources is very pleased to announce it has signed a term sheet of a Loan Facility and Offtake Agreement with Trafigura Mexico S.A. de C.V., a market leader in the global commodities industry, to sell 100% of the lead and zinc concentrate produced at the Tahuehueto Mine from January 1st 2018 to December 31st 2022. Trafigura will provide Telson with a credit facility of US$15 million upon signing formal agreements [...]
Telson Resources is pleased to announce that Beacon Securities Limited - an independent investment dealer based in Toronto, Canada I, generating and distributing research to a global audience, including, investment banks, institutional investors, as well as professional investors and relevant members of the global investment community -- published its equity analyst research report dated October 24, 2017, entitled [...]
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