TORONTO (miningweekly.com) – Vancouver-based Farallon Resources has changed its name to Farallon Mining, the company said in a statement on Monday.
Farallon's G-9 zinc, copper, silver, gold and lead mine at its Campo Morado property in Mexico reached commercial production last month, and the name change reflects its status as an operational mining company, the firm said.
“The pace of change over the last four years since we discovered the G-9 deposit has been hectic to say the least,” commented CEO Dick Whittington.
“In less than four years, we drilled the deposit, designed the mine, financed and constructed it, then commissioned it and brought the 1 500 t/d underground mine into commercial production.”
The company expects to produce at an annualised production rate of 120-million pounds of zinc and 15-million pounds of copper for the remainder of 2009, Whittington said.
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