Significant Revenue Increase
Revenue increased significantly to $7.7 million from $5.5 million in the comparable period last year, marking a notable improvement.
Successful Capital Raising
Raised a net $8.6 million, which was used to refurbish cash on hand and fund aggressive drilling activities.
Increase in Production Capacity
Production at Plomosas increased from 3,600 tonnes in the first quarter to 9,200 tonnes in the second quarter, with expectations to reach 200 tonnes a day by the fourth quarter.
High-Grade Mineral Discoveries
Discovery of high-grade mineralization at 'The Kena' with significant grades of zinc (14%), lead (8.7%), and silver (43.7%).
Exploration and Development Focus
Drilled over 20,000 meters in the first six months, showcasing a strong commitment to exploration and potential future growth.