Capstone Mining 2013 Third Quarter Production Results
center>Third quarter production of 18.9 million pounds of copper in concentrates
Vancouver, British Columbia - Capstone Mining Corp. (Capstone) (TSX: CS) today announced operating results for the three and nine months ended September 30, 2013 of its two operating mines, Cozamin and Minto. Combined production totalled 18.9 and 56.9 million pounds of copper in concentrates in the third quarter and year-to-date period, respectively, with additional by-products of zinc, lead, silver and gold.
Q3 2013 Production
Q1
Q2
Q3
YTD 2013
left>Cozamin
left>Copper in concentrates
(thousands of pounds)
right>10,142
12,123
11,623
33,888
left>C1 cash cost per pound(1)
$1.06
$1.22
$1.20
$1.17
Minto
left>Copper in concentrates
(thousands of pounds)
8,444
7,201
7,326
22,970
left>C1 cash cost per pound(1)
$2.50
$2.49
$2.14
$2.38
left>Total
left>Copper in concentrates
(thousands of pounds)
18,586
19,324
18,949
56,859
left>C1 cash cost per pound(1)
$1.72
$1.70
top>$1.57
$1.66
Both operations produced another steady quarter and are operating according to plan, said Darren Pylot, President and CEO of Capstone. At Minto we have accessed the open pit and underground high grade ore which will increase production levels for the remainder of this year.
Operational Highlights for the Three and Nine Months Ended September 30, 2013
left>- Gold grade (g/t)
-
-
0.32
0.36
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