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SRHI Inc. Reports 2021 First Quarter Results


Offering ) including the full exercise of the over-allotment option totaling CAD$11.5 million
Transitioned listing and trading from the TSX to the TSXV
Operations
Copper cathode production was 900 tonnes at an average grade of 0.57% compared to 1,484 tonnes at an average grade of 0.82% in Q1 2020 as the restart of the Don Gabriel open pit (
Don Gabriel ) ramped up during Q1 2021
Achieved cash cost per pound produced
1 of $2.28 compared to annual guidance of $2.60 to $2.90
Incurred capital expenditures of $2.8 million related to the construction and development of the incline block caving mine at the Papomono Masivo deposit, consistent with annual guidance of $12 - $15 million - construction continues and is approximately 30% complete, remaining on schedule and on budget targeting commercial production by early 2022 ....

United States , Michael Staresinic , Papomono Masivo , Gabriel Vera , Los Pelambres , Enrique Quiroga , Don Gabriel , Sergio Alvarado , Geoinvestment Sergio Alvarado Casas , Sergio Navarrete , Michaelg Hester , Alfonso Ovalle , Antonio Luraschi , Development Of Papomono Masivo , Ministry Of Health , Valley Copper Corp , Exchange Commission , Renmark Financial Communications Inc , Mining Consultants Inc , Metallurgic Development , Canadian Institute Of Mining , Chilean Ministry Of Mining , Minera Tres Valles Spa , Minera Tres Valles , Chief Financial Officer , Three Valley Copper ,