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Re: Chillaxin post# 7964

Saturday, 03/29/2014 9:24:10 AM

Saturday, March 29, 2014 9:24:10 AM

Post# of 9445
I don't recall getting any updates during yesterday's call- but I missed a few minutes of it- from last months call-



With regards to Cambalache and production, when we closed on the Cambalache project the production had dropped below the 12 1/2 to 13 tons per day, which makes sense coming out of the holidays, production dropped quite a bit. When we took over production was around 3 1/2 tons per day, nothing to write home about, but nonetheless it was producing. Now once we got on site, David Heyl was able to begin addressing the operational inefficiencies, begin increasing production, and we immediately increase production to 12 to 13 tons per day, as we begin addressing the operational inefficiencies and getting more supplies and equipment on-site, we were able to reach a high of 37.4 tons per day as of February 11. So currently as of today we have about 310 tons of ore that has been shipped, and is being processed, actually as of now it has been processed

The sale of the concentrate from the ore, that should occur very soon, and we will be announcing the results of that, along with the grades and we will make sure that we provide the necessary documentation in our news release or on our website to show that is real. We will also be filing the 8K along with that information shortly after the news release.





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