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Great recent results at Pimenton mine

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TamerWoods   Saturday, 07/30/11 03:22:46 AM
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Great recent results at Pimenton mine
First two months ended May 31, 2011 of its third fiscal quarter ended June 30, 2011 compared to the first two months ended May 31, 2010 of its third fiscal quarter ended June 30, 2010 and the results for eight months comparable periods ended May 31, 2011 and 2010:
Revenues from gold, copper and silver sales totalled US $5,336,497 for the two months ended May 31, 2011 compared to US $ 1,450,000 of gold, copper and silver sales for the similar
two months period in 2010.
Total cash costs per ounce net of by-product credits was US $722 per ounce for the two months ended May 31, 2011 compared to total cash cost per ounce of US $1,074 for the similar
two months period in 2010.
Revenues from gold, copper and silver sales totalled US $16,356,393 for the first eight months period ended May 31, 2011 compared to US $5,649,979 for the similar eight months
period in 2010.
Total cash costs per ounce net of by-product credits was US $637 per ounce for the eight months period ended May 31, 2011 compared to a cash cost per ounce of US $1,066 for the similar eight months period in 2010.


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