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January 29, 2014
07:38 EDTTCThompson Creek announces second ocean shipment of concentrate from Mt. Milligan
Thompson Creek Metals announced that it has loaded its second ocean shipment of concentrate from its new Mt. Milligan Mine. Based on preliminary weights and assays upon ship loading, this shipment consisted of 10,066 dry metric tonnes of concentrate and contained approximately 5.5M pounds of payable copper, 10,475 troy ounces of payable gold, and 19,223 troy ounces of payable silver. Average grades, based on preliminary assays, were 26% copper, 33 grams per tonne of gold and 66 grams per tonne of silver. The concentrate was loaded in Vancouver on January 23. The company expects to receive a provisional payment for 90% of the value of the concentrate in February.
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