Cyprium Mining announces start of production at the Potosi silver mine

MONTREAL, July 6, 2016 /CNW/ – Cyprium Mining Corporation (“Cyprium” or the “Company“) (TSX-V: CUG and CUG.DB) is pleased to announce the start of production at the Potosi silver mine located in the historic Santa Eulalia District, Chihuahua, Mexico. Production will focus initially on the “Tunel” mineralized body, which lies on levels 1 to 4 of the mine in the area accessed by the recently rehabilitated Potosi No. 3 shaft (See Press Release of May 30th, 2016).

Mr. Alain Lambert, Chairman and CEO of Cyprium commented: “We are very pleased that it took only six months and less than a million dollars to return the Potosi Mine to production. This nicely validates Cyprium’s business plan of acquiring and inexpensively restoring past producing mines to generate cash flow for expanded development and exploration.” Mr. Lambert added: “We believe that the larger Santo Domingo mineralized body located at level 9, 10 and 11 of the mine – also known as the Main Silicate Body – has good exploitation potential and having started production of the Tunel body, evaluation and preparations for exploiting the Santo Domingo body will assume top priority.”

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