Results from the metallurgical balance indicates an average recovery of 87% throughout the system combined with an efficiency rate of 98% at the filter press. The Company is very pleased with these results and cannot expect to be much better due to the high silver content within the ore currently being processed. Silver recovery will be reported later this month.
To further improve Cobra’s operations, the Company is in progress to hire a Chief Mechanic and Head of Laboratory. They both will join a full time Canadian consultant who has been supervising Cobra’s operations in Honduras for the last two months. Karl Trudeau comments : « The Team that we have put in place to improve Cobra Oro ramp-up operations, including local employees is already making the difference and increased throughput will be facilitated greatly by the end of the rainy season later this month. latest smelting
Jean Labrecque, President
Glen Eagle Resources Inc
2075 Victoria Street
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