Vancouver, British Columbia, February 15th , 2018
Highlights:
• 22,662 tonnes ore mined during July – Dec 31, 2017 from El Creston Zone Averaging of 132 t/day
• Tahuehueto Toll Milling processed 14,377 tonnes of ore during 2017,
• Average Head Grade of ore milled in 2017 was 6.94 g/t gold, 84.36 g/t silver, 5.29% zinc, 2.64% lead.
• Average recoveries of ore processed in 2017 – 82.4% gold, 87.8% silver, 79.4% lead and 74.4% zinc.
• Produced 666 tonnes of lead concentrate and 1,130 tonnes of zinc concentrate in 2017
• 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 transition from an exploration and development issuer into a mining company.