Silverstone Provides Q3-2008 Silver Sales
2008年11月18日 - 11:30PM
Marketwired
Silverstone Resources Corp. ("Silverstone") (TSX VENTURE: SST)
reports sales of 386,000 ounces of silver in the third quarter of
2008 and 1.2 million ounces for the nine months ended September 30,
2008. Silverstone purchased Q3 - 2008 production at an average cost
of US$3.97 per ounce. The cost of silver is fixed at less than
US$4.00 per ounce through 2010.
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Nine Months
Ended
Q3 - 2008 Sept. 30, 2008
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Ag (oz) Ag (oz)
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Cozamin 265,000 911,000
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Neves-Corvo Copper 121,000 337,000
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Neves-Corvo Zinc 0 0
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Aljustrel Zinc 0 0
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Total 386,000 1,248,000
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Silverstone will release third quarter results on Monday,
November 24, 2008 after market close and will host a conference
call on Tuesday, November 25, 2008 at 8:30am PST (11:30am EST) to
discuss these results. The conference call may be accessed by
dialing 1.866.365.1119 in North America or 1.416.849.7329
internationally. Please ask for the Silverstone conference call.
The conference call will be archived for later playback until
December 2, 2008 and can be accessed by dialing 1.866.501.5559 and
the pass code is 21289882#.
Mr. Hugh Willson, P.Geo., Vice-President, Exploration of
Silverstone, who is a "qualified person" under National Instrument
43-101, has reviewed and approved the technical aspects of this
news release.
ABOUT SILVERSTONE
Silverstone is a silver and gold mining company with 100% of its
revenue from precious metal production. Silverstone expects to have
2008 silver sales of approximately 1.8 million ounces and
increasing to 4.5 million ounces silver equivalent in 2009. More
information is available online at: www.silverstonecorp.com.
This press release contains "forward-looking information" that
is based on Silverstone's current expectations, estimates,
forecasts and projections. This forward-looking information
includes, among other things, statements with respect to
Silverstone's mineral discoveries, plans, outlook and business
strategy. The words "may", "would", "could", "should", "will",
"likely", "expect", "anticipate", "intend", "estimate", "plan",
"forecast", "project" and "believe" or other similar words and
phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown
risks, uncertainties and other factors that may cause Silverstone's
actual results, level of activity, performance or achievements to
be materially different from those expressed or implied by such
forward-looking information. Such factors include, but are not
limited to: projected sales or production rates; uncertainties
related to drilling results; the ability to raise sufficient
capital to fund exploration; changes in economic conditions or
financial markets; changes in prices for costs; litigation,
legislative, environmental and other judicial, regulatory,
political and competitive developments; technological or
operational difficulties or inability to obtain permits encountered
in connection with exploration activities; and labor relations
matters.
This list is not exhaustive of the factors that may affect our
forward-looking information. These and other factors should be
considered carefully and readers should not place undue reliance on
such forward-looking information. Silverstone disclaims any
intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events
or otherwise.
The TSX Venture Exchange has neither approved or disapproved of
the contents herein.
Contacts: Silverstone Resources Corp. Chris Tomanik (604)
637-8151 Email: ctomanik@silverstonecorp.com Silverstone Resources
Corp. Mark Patchett (604) 637-8151 (604) 688-2180 (FAX) Email:
mpatchett@silverstonecorp.com Website: www.silverstonecorp.com
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