Revett's Troy Mine sees increased production |
| July 19, 2011 |
|
Revett Mineral's Troy Mine has seen a 65-percent
increase in silver production and a 60-percent
increase in copper production over the same
period last year, and a 40-percent increase in
silver and 51-percent increase in copper
production over the first quarter of 2011. Accrording to a report released Monday, the mine produced 342,822 ounces of silver and over 3.03 million pounds of copper in the second quarter of 2011. Silver and copper grades, along with other metal recoveries, also improved, primarily from increased production from the C Bed area. "We have seen significant improvements in ore production in the second quarter as we're able to take advantage of our fully developed C Bed area," said Revett CEO John Shanahan. "We are poised for continued production at planned levels in the third quarter of 2011, and we also remain focused on our exploration and engineering efforts to add value, expand the mine life and realize the longer term potential of the Troy Mine." |