Huldra Silver (HDA.V) has declared commercial production at their Treasure Mountain silver project in British Columbia, Canada. This is an excellent achievement, as the company evolved from being an explorer/developer only three years ago to a producer now.
The fact that Huldra Silver is now in commercial production will also enhance the transparency of the cash flow numbers, as those will now have to be filed every quarter. This will make it easier for everyone to track their progress from now on.
Production was temporary halted around half March for a few days to re-line the ball mill and further upgrading the mill, but everything is back online now. The first quarterly report after declaring commercial production is expected in august, reporting on the period of April-June.
We are also expecting news from their exploration efforts at the Treasure Mountain mine sooner rather than later, which should add a considerable amount of NI43-compliant ounces to the current historical resource base.
Disclosure: The author holds a long position in Huldra Silver Inc. Please see our disclaimer for current positions.
