Dia Bras: Bolivar Pilot Mining Program Starts up 2006 on High Note.MONTREAL -- Dia Bras Exploration Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DIB (1) (Directory Information Base) Also called "white pages," a database of names in an X.500 system. (2) (Device Independent B ) is pleased to announce the results of the Bolivar pilot mining program for January 2006.The mine is situated in Chihuahua, northern Mexico and the production is well on track to mill the forecasted 22,500 tons of ore at 10-12% Zn and 2-3% Cu during the first quarter 2006. In January 2006, the Company benefited strongly from the increasing price of base metals while realizing its best mining and production results since the beginning of the pilot-mining program in the second quarter of 2005. In January, the Company processed 7,172 dry metric tons (DMT See DSL. ) of ore at its Malpaso Mill facility. This is the highest ore throughput achieved since the beginning of the pilot-program and the first time it reached and exceeded the 7,000 DMT plateau. This production level was achieved despite a ball-mill breakdown at the plant which affected production for fourteen days in mid-January. The January production value, based on current copper and zinc prices, is estimated at US$1,500,000 with estimated direct operation costs, including shipping of concentrate, of US$800,000. Cash flows from operations are used for exploration and development activities in South Bolivar and Promotorio, administrative expenses, capital costs and property payments. During January, a total of 1,508 DMT of zinc concentrate Zinc concentrate is a highly hazardous product used in the production of zinc metal and zinc alloys, which is the result of a flotation process after the zinc ore has been mined and milled. and 482 DMT of copper concentrate was produced from 7,172 DMT of ore averaging 12.9% Zn and 2.58% Cu. Recovery rates were 93.77% for zinc and 75.18% for copper.The company's total concentrate production is currently being sold, to MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. Trading AG, a Switzerland based privately owned commodity trading company, pursuant to a standard concentrate purchase agreement. The pilot-mining program provides essential data on costs, logistics, grade, recovery and metallurgy metallurgy (mĕt`əlûr'jē), science and technology of metals and their alloys. Modern metallurgical research is concerned with the preparation of radioactive metals, with obtaining metals economically from low-grade ores, with data that will serve for a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. to be undertaken at the Bolivar property About Dia Bras Dia Bras is a Canadian mining and exploration Company focused on precious and base metals in the State of Chihuahua, northern Mexico. The Company continues exploration and the active development of its two key projects - Bolivar and Promontorio - in the world-renowned Sierra Madre Sierra Madre, city, United States Sierra Madre (sēĕr`ə mä`drā), residential city (1990 pop. 10,762), Los Angeles co., S Calif., at the foot of Mt. Wilson; inc. 1907. There is some light manufacturing. mineral belt. The Company trades on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. , under the symbol "DIB". If you would like to receive press releases via email please contact info@diabras.com Please specify "Dia Bras press releases" in the subject line. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. Forward-looking statements: Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Dia Bras Exploration Inc. (TSX VENTURE:DIB) |
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