
Strategic Minerals Europe Corp. (NEO: SNTA) (FRA: 26K0) (OTCQB: SNTAF) a company focused on the production, development and exploitation of cassiterite, tantalite and columbite concentrate, announces September production results at its Penouta mine, located in the northwestern Spanish province of Ourense.
In September 2022, Strategic Minerals produced 80.2 tonnes of primary concentrate, comprised of 66.2 tonnes of cassiterite concentrate with a tin content of 70.2% and 14.0 tonnes of tantalite/columbite concentrate containing 25.5% tantalite and 24.8% columbite.
September Production
June | July | August | September | |
Total concentrate (tonnes) | 72.2 | 63.1 | 63.0 | 80.2 |
Cassiterite (tonnes) | 62.5 | 54.8 | 53.1 | 66.2 |
Tin (%) | 71.4 | 70.6 | 70.8 | 70.2 |
Tantalite/Columbite (tonnes) | 9.7 | 8.3 | 9.9 | 14.0 |
Tantalite (%) | 22.6 | 22.3 | 25.5 | 25.5 |
Columbite (%) | 24.8 | 24.7 | 26.8 | 24.8 |
“In September, we achieved the highest production levels of the year as seasonal events did not have any adverse effects. We continue to work to maintain the stability of future production levels,” commented Jaime Perez Branger, CEO of Strategic Minerals.
About Strategic Minerals Europe Corp.
Strategic Minerals’ wholly-owned subsidiary, Strategic Minerals Spain, S.L. produces, identifies, explores, and develops mineral resource properties critical to the green economy, predominantly in Spain. SMS holds permits and a production license for the Penouta Project, and an investigation permit at the Alberta II Project, allowing it to conduct exploration work already underway. SMS is the largest producer of cassiterite concentrate and tantalite in the European Union and has been recognized within the EU as an exemplary company of good practices in the circular economy. The Company is well-positioned as a major producer of sustainable and conflict-free tin, tantalum, and niobium and is exploring for lithium. Strategic Minerals is a “reporting issuer” under applicable securities legislation in the provinces of British Columbia, Alberta, and Ontario.
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