Jun 4 2015
Cyprium Mining Corporation is pleased to announce details regarding the expansion plans of its flotation plant located in Aldama, Mexico. The plan has two main objectives. The first objective is to optimize plant processes and improve efficiencies to maximize recoveries in order to ensure satisfactory margins.
The second objective is to double the current plant capacity to 200 tons per day. The planned investments, which started in May, should take about four months and total approximately US $400,000.
Mr. Lambert, Chairman and C.E.O. of Cyprium stated: "We want to make the Aldama plant the go-to place for small miners in the area and for that we need the most modern and efficient flotation plant possible. The plan announced today is designed to achieve this." He added: "The relationships we are building with small miners to consistently bring minerals to our plant are in great part based on trust and the key to building trust in our industry is transparency. Whether we purchase minerals at a set price or on a shared profit basis, the miners must know that we are doing a good job processing minerals so that they know they are getting paid a fair price. Transparency includes having a full modern lab on site that can accurately assay the grades and test the metallurgical properties of the minerals and concentrates."
Mr. Ron Keenan, C.O.O. of Cyprium stated: "Key aspects of the Aldama expansion plan include making investments in technology and modern equipment including a state-of-the-art atomic absorption spectrometer. We have started the installation of a full on-site laboratory and the automation of key functions, such as the use of reagents in the flotation process."
The month of May was a busy month for the company. Cyprium announced two agreements regarding supply of mineralized material, officially started the flotation process of the first 1,000 tons of stockpiles from the historic Potosi Silver mine located just 42 kilometers from the Aldama plant and just recently tested the first concentrates produced from the Potosi stockpiles.