InvestorsHub Logo
icon url

berta

03/28/14 2:51 PM

#7952 RE: nathanial #7950

I think he said 1 was done and the 2nd shipment should be done next week ??
icon url

Chillaxin

03/28/14 2:52 PM

#7953 RE: nathanial #7950

I'm not the professional here, but from what I gather there is an initial result, and then a final result (I think).

There was an issue with the preliminary results from the first batch. I think Corey just said those final results should be available by April 1, or perhaps he said the final results from the 2nd batch would be in by April 1.

Either way, we will get results from one of those batches this week - with a PR to follow.
icon url

KnowProphet

03/31/14 8:57 AM

#7970 RE: nathanial #7950

If you want to study what was said the transcript is done and posted- what I would suggest is reading it and emailing Corey whatever questions you still have on the subject.

The way I understand it is-

The final sale of the first shipment of ore, which was processed already, should be completed early April. I don't recall hearing anything about any issues with the preliminary results-

This is from the PR

On March 13 Cia. Minera RYCOR, SAC made its first Ag-Pb concentrate sale from the February production of the Cambalache mine located in Huancavelica, Peru.

The sale was preliminary, with final grades, humidity, pricing values and deductions to be determined. We are expecting additional assays from the concentrate samples late this week which will give us further indication as to the quality of the concentrate.

The ore tonnage was 333 T, it was processed at a third party mill, and 22.6 T of concentrate was generated, a 14.7:1 concentration ratio.

The final sale on the concentrate will be completed in early April.



We are expecting a News Release followed by an 8K regarding this.

The second shipment of ore was to be processed over the weekend, under the watch of David Heyl, the Geo & QP who was the guest speaker from Feb.

We'll then have a second round of concentrate ready to be assayed & sold.