on Silver Storm Mining Ltd. (CVE:SVRS)
Silver Storm Achieves Milestone with First Silver-Gold Doré Pour at La Parrilla
Silver Storm Mining Ltd. has successfully executed its first silver-gold doré pour at the La Parrilla Silver Mine Complex in Durango State, Mexico. This milestone comes less than three years after the acquisition of La Parrilla. The company's President and CEO, Greg McKenzie, acknowledged the successful execution by the team, marking the restart of operations at the site.
The pour is part of commissioning the oxide processing circuit, which began with material from the open-pit oxide stockpile. Silver Storm plans ongoing doré pours. The commissioning of a sulphide processing circuit is set to start this June, with an expected ramp-up in one month. The company has also announced a stock option grant for its officers, employees, and consultants.
Silver Storm's strategic focus on La Parrilla is underscored by plans for underground development to access mineralized oxide material. The company proceeds cautiously with no current mineral reserve estimate in place, highlighting risks inherent in future production levels and costs.
R. H.
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