Farallong Mining Ltd., announced the drill results from a new zone at G-9 mine in Mexico. Highlights include intersection of 6 m at 14.9% zinc and 20 m at 7.6% zinc.
Farallon Mining announced its financial and operating results for the three months ended June 30, 2010. The G-9 mine produced a record 26.3 million pounds of zinc and 2.3 million pounds of copper in concentrates at a total cash cost1 of $0.05/lb of payable zinc, generating operating earnings of $11.3 million and $6.6 million in cash from operations before changes in non-cash working capital.
Farallon Mining announced new drilling results from the G-9 mine in the Campo Morado property in Guerrero State, Mexico. Highlights includes Hole UGM10-043 intersected 6.3m of 17.2% zinc, 1.7% copper, 290 g/t silver and 1.73 g/t gold, Hole UGM10-150 intersected 28.5m of 11.6% zinc, 1.6% copper and 184 g/t silver and in Hole UGM10-222 intersected 12.2m of 12.1% zinc, 1.4% copper and 209 g/t silver.