Loading ...TORONTO, June 22, 2018 (GLOBE NEWSWIRE) — Silver Bear Resources Plc (“Silver Bear” or the “Company”) (SBR.TO) announces it has produced first silver from its operations at its Mangazeisky silver project in Far East Russia.
Following the initial commissioning activities, silver has been produced since April and commissioning has continued through the second quarter. Up to mid-June this year, the Company has mined 13,436 tonnes and milled 9,545 tonnes of ore for a total of approximately 41,500 ounces silver contained in dry powder. To date the Company has sold approximately 13,300 ounces of silver at a realized price of US$16.39 Ag/oz. At this time the Company is milling lower grade material for commissioning purposes. Current and ongoing metallurgical testwork at Vertikalny confirms the mining grade average of 963 g/t Ag.
https://finance.yahoo.com/news/silver-bear-provides-commissioning-silver-132741835.html