Cyprium Mining (TSXV:CUG) has completed rehabilitation of shaft three of its Potosi silver mine in Santa Eulalia, Mexico.
As quoted in the press release:
The project, which began in February 2016, consisted in the rehabilitation and improvement of the extraction capability of shaft #3 as well as improvement of infrastructure, security and preparation of prospective mining areas at levels 2 to 4 of the mine. The Company also announces that it has been informed by the TSX Venture Exchange Inc. that its common shares will resume trading on Tuesday May 31st, 2016.
Alain Lambert, chairman and CEO of Cyprium, said in a statement:
Over the last three months we have replaced almost 1.5 kilometers of railway tracks at level 0 and at level 4. This includes the installation of railway tracks between an existing raise from the level 4 proposed initial mining area to shaft #3 as well as the installation of railway tracks in the level 4 mining area where much of our near-term mining activities will take place. New air and water tubing has been installed and we have rehabilitated existing equipment including two air-loaders and a small electric locomotive. Once we have re-assembled the air compressor which was brought down into the mine last week, we will turn our focus on cleaning up old stopes in level 2, 3 and 4, retrieving existing mineralized material from past mining operations and initiating drilling and blasting.
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