Mercator Minerals is pleased to announce that that for the first two months of Q2 2011, the Company produced 7,538,130 pounds of copper and 1,128,674 pounds of molybdenum at its wholly owned Mineral Park mine in Arizona, as compared to total Q2 2011 production guidance for the months of April to June, given on March 8, 2011 of 10,163,548 pounds of copper and 1,033,558 pounds of molybdenum, representing 74% of the guided quarterly copper production and 109% of the guided quarterly molybdenum production during a period of two months of a three month quarter, with a full month of production to come.
Improved mill performance, increased recoveries and increased mined tonnage accounted for the higher than expected production levels. In addition, Mineral Park produced 56,953 ounces of silver in May.
Read the full news release here. Photo of Mineral Park is from Mercator Minerals.
