Cyprium Mining: Shaft 3 Rehabilitation at Potosi Mine Finalized

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 31^st, 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.

Click here for the full press release.

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