Rebeico sits on Mexico’s famed Sierra Madre Gold belt, credited with production of over 80 million ounces of gold and over 4.5 billion ounces of silver.
Industrial metal markets are taking a breather as they await tangible evidence that China's latest stimulus package is feeding through to a flagging manufacturing sector.
The Vancouver-based miner said the Nechako Au-Ag-Zn-Pb-As dispersal train is similar in size and strength to known trains from some of Canada's largest gold deposits.
While the adjusted per-share earnings beat the average analyst estimate, revenue came in lower than expected and copper production fell 5.8% from a year earlier.