Telson Issues Tahuehueto Q1 2018 Preproduction Results for Mining, Concentrate Production & Metallurgical Balances

TSN_NR_183_May03_2018

VANCOUVER, British Columbia–( BUSINESS WIRE )–Telson Mining Corporation (TSX Venture – TSN.V):

Highlights:

  • Tahuehueto Toll Milling processed 9,503 tonnes of ore during first three months 2018, “Q1”,
  • Average Head Grade of ore milled in Q1 2018 was 5.44 g/t gold, 61.59 g/t silver, 4.54% zinc, 2.25% lead.
  • Average payable recoveries of ore processed in Q1 2018 – 79.4% gold, 85.7% silver, 84.4% lead, 76.4% zinc.
  • Produced 360.29 tonnes of lead concentrate and 712.71 tonnes of zinc concentrate in Q1 2018
  • Shipped and invoiced for sale 348 tonnes lead and 548 tonnes zinc concentrates during Q1 with estimated unit value of US $5,825 per tonne for lead concentrate and US $1,320 for Zinc concentrate as calculated under Offtake sale terms with Trafigura. (see note 1)
  • Average grade of Q1 lead concentrate – 50.18% Pb, 99.25 g/t Au, 1,185 g/t Ag, 12.19 % Zn.
  • Average grade of Q1 zinc concentrate – 46.28% Zn, 7.41 g/t Au, 105 g/t Ag, 0.93% Pb.
  • Estimated total cash sale value of Tahuehueto concentrates produced during Q1 – US$3,039,487

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