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Altaley Mining (ATLY) - Expanding 2 Gold & Zinc Producing Mines

09 Apr 2022

Description

Altaley Mining Corporation is a Canadian based mining company with two 100% owned Mexican gold, silver, and base metal mining projects.Altaley's Tahuehueto Gold Mine project is in north-western Durango State, Mexico where construction has been advanced to near 100% completion. Altaley has the funding available to finish construction of its 1,000 tonne per day processing facility and related mine infrastructure to initiate production of gold, silver, lead, and zinc in concentrates at Tahuehueto. The Company is targeting initial pre-production in Q2 2022 and ramping up to full production capacity during Q2-Q3 of 2022.Campo Morado is an operating polymetallic base metal mine with mining and milling equipment currently producing at an average rate of 2,200 tonnes per day and is estimated to be Mexico's 6th largest zinc producer.

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