Brief: Sotkamo Silver says silver content of ore-reserves estimate up by 22 pct

Sotkamo Silver AB

08/02/2016 08:00

Feb 8 (Reuters) - Sotkamo Silver AB  SOSIL.NGM : 
    * Says ore-reserves at the Silver Mine in the category Proved and Probable are totally 2.76 
million tons with a silver grade of 124 g/t Ag (JORC code 2012) 
    * Says in comparison with the previous ore-reserve estimate, the average content of silver 
in Proven and Probable reserves have increased with 22 pct 
    * Says amount of ore-reserve tonnage have been reduced by ore-sorting with 17 pct, which 
reduce the treatment cost at the concentrator further more per produced ounce 
    * Planned production with currently known ore-reserves are about 7 years 
 
Source text for Eikon:  ID:nNGn5MD25T  
     
Further company coverage:  SOSIL.NGM  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))