Vancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced production results for the three and twelve months ended December 31, 2017 and provided its operating and capital expenditure guidance for 2018 along with a three-year outlook.
“We ended the year with solid copper production for the fourth quarter,” said Darren Pylot, President and CEO of Capstone. “Our operations continue to run well in 2018, positioning us to take advantage of strong copper prices, with our entire copper hedge program now completed.”
“We are guiding production for 2018 consistent with our 2017 production. Planned capital expenditures in 2018 of $100 million reflect scheduled haul truck maintenance at Pinto Valley, the continuation of operations at Minto and an increased allocation for exploration at Cozamin, following up on 2017’s significant exploration success,” continued Mr. Pylot.