LAS VEGAS, Jan. 27, 2015 /PRNewswire/ --Calissio Resources
Group Inc. (OTC: CRGP) is pleased to announce the completion of
property upgrades at its El Desvan Cobre property, and will begin
to increase the Company's existing ore extraction program.
The upgrades at El Desvan included improvements to a main access
road, and the addition of two staging points, allowing for heavier
equipment access to the mine and a reduction to the ongoing wear of
the existing infrastructure on the property. Calissio will now
increase its existing ore extraction program at El Desvan from 200
tons per day (tpd) to 350 tpd.
Mine site improvements to allow for increased production
capacity and extraction of higher grade ore are expected to keep
Calissio's operating margins strong to mitigate the drop in the
price of copper.
"We have completed the required enhancements to the El Desvan
Cobre property, that included access roads and staging points, to
facilitate an expanded ore extraction program" said Adam Carter, the President & CEO of Calissio
Resources Group.
"We are anticipating a significant increase in productive
capacity at both of our production facilities, so it was essential
that we made the appropriate upgrades at the mine to ensure access
to the high grade ore at El Desvan. We plan to use this window as
an opportunity to supply additional ore for immediate processing at
both San Pedro and La Jovita."
Adam Carter
President & CEO
Calissio Resources Group Inc.
Calissio Resources Group Inc., focused on the acquisition and
development of base metals projects in Mexico that are currently in or near
production and advanced exploration properties that will add
substantially to the Company's asset foundation. Management is
continuing to actively pursue mineral interests that represent
significant growth, value and cash flow opportunities.
For additional information, please
visit: http://www.calissioresources.com
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Calissio
Resources Group, Inc.'s current expectations and projections about
future events, based on information currently available.
The forward-looking statements found in this press release may
also include statements relating to Calissio Resources Group,
Inc.'s anticipated financial performance, business prospects, new
developments, strategies, and similar matters. Calissio Resources
Group, Inc. provides no assurance regarding the actual outcome of
the events contemplated by any forward-looking statements included
in this release. Calissio Resources Group, Inc. disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law.
Contacts:
Calissio Resources Group Inc.
Investor Relations
1-800-825-2075
ir@calissioresources.com
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SOURCE Calissio Resources Group Inc.