Dia Bras Announces Record Month of Production of Copper and Zinc Concentrates From the Bolivar Mine.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 another record month in terms of production and sales of concentrate of its pilot-mining program at the Bolivar mine in Chihuahua, Mexico. During November, the combined zinc and copper concentrate production amounted to 1,390 dry metric tons ("DMT See DSL. ") (364 DMT of copper concentrate and 1,026 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. ) for a production value of over US$900,000, as the company benefits from the constant rise of the copper and zinc market price. This represents an increase of 38.4% over the October production value. These production figures have been achieved although the ore throughput at the Malpaso mill remained under the mill's full capacity due the transportation problem encountered in October which also affected the start of the November production. However, the mill ran close to full capacity during the last two weeks for a final November throughput of 6,027 tonnes, which represents an increase of 26.6% over October. The monthly average grades of ore processed where 2.18% for copper and 10.46% for zinc, a slight reduction from October's grades of 2.43% Cu and 12.45% Zn, due to mining at the fringe of the Brecha Linda. November average rates for copper and zinc were 76.78% and 91.92% respectively. Recovery rate is improving and the Company anticipates reaching 85% for copper by the end of the year. The Company expects mill throughput of about approximately 5,200 tonnes in December due to seasonal shutdown shut·down n. A cessation of operations or activity, as at a factory. shutdown Noun the closing of a factory, shop, or other business Verb shut down of the mill for the Christmas period, with grades similar to those of October and November. 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 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 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. does not accept responsibility for the adequacy or accuracy of this press release. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. :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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