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BRIEF-Alphamin Resources Corp Reports Contained Tin Production Of 636 Tons For Qtr Ended June 2019

Published 2019-08-29, 01:43 p/m
© Reuters.  BRIEF-Alphamin Resources Corp Reports Contained Tin Production Of 636 Tons For Qtr Ended June 2019
AFM
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Aug 29 (Reuters) - Alphamin Resources Corp AFM.V :

* QUARTERLY UPDATE

* CONTAINED TIN PRODUCTION OF 636 TONS FOR QUARTER ENDED JUNE 2019

* CONTAINED TIN PRODUCTION GUIDANCE FOR SIX MONTHS ENDING DECEMBER 2019 OF 4,000 - 4,500 TONS

* EXPECTS METALLURGICAL RECOVERIES TO STABILISE AT 65-70% DURING Q4 2019 AND IS TARGETING 70-75% DURING 2020

* EXPECT AISC PER TON OF CONTAINED TIN TO AVERAGE BETWEEN $10,000 AND $12,000 FOR SIX MONTHS ENDING DECEMBER 2019

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