Source - SMW
Atalaya Mining has provided an operations update for Q3 2016 for Proyecto Riotinto.

HIGHLIGHTS:

- Production during Q3 2016 was 8,752 tonnes of copper in concentrate (Q2 2016: 4,442 tonnes).  This represents a 97% increase quarter on quarter.

- Recoveries increased to 83.60% during Q3 2016 (Q2 2016: 79.80%), with a recovery rate of 84.72% being achieved during September 2016.

- 2.0 million tonnes of ore were processed during Q3 2016 (Q2 2016: 1.3 million tonnes).

- Atalaya maintains its copper production guidance of 23,500 to 27,000 tonnes for 2016.

- Filing of an updated NI 43-101 technical report for the Riotinto Copper Project.

- Completion of US$14 million copper concentrate prepayment funding agreement with Transamine Trading S.A.




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