Sotkamo Silver AB (STKMF)

[Leksi]

PRODUCTION AND GUIDANCE

In the third quarter, 142000 (127000) tonnes of ore were milled. In Q3 the company produced about 433000 (358000) ounces silver, 923 (1081) ounces gold, 419 (445) tonnes lead and 818 (1010) tonnes zinc in concentrates.

Year to date, the production was about 1 231 000 (582000) ounces silver, 2 996 (1675) ounces gold, 1 202 (595) tonnes lead and 2 497 (1305) tonnes zinc in concentrates. Milled tonnes until the end of Q3 were about 407000 (218000).

The annual production guidance of 13 March 2020 remains unchanged. Accordingly, we expect to process 480000 -540000 tonnes of ore. Correspondingly, the silver production is forecasted to be 1.4-1.7 million ounces in 2020.

https://mb.cision.com/Main/15292/3215732/1318856.pdf