Telson Mining Corporation – No Specific Reason for Current Decline in Share Price
Telson Mining Corporation
TSX.V: TSN OTC Pink: SOHFF
Frankfurt: TSGN.F
Shares Issued: 130,184,348
Page 1 of 2
Telson Mining Corporation – No Specific Reason for Current Decline in
Share Price
Vancouver, British Columbia, August 15, 2018
Telson Mining Corporation (“Telson” or the “Company”) (TSX-V – TSN, OTC Pink – SOHFF, Frankfurt – TSGN
(formerly SQ82)) management is aware of the recent decline in its share price and knows of no operational
reason for this decline. Management would like to reassure investors and shareholders that day to day
operations at both the Campo Morado Mine and the Tahuehueto Project continue as normal.
Campo Morado
On August 02, 2018 the Company issued a news release updating the activities at its 100% owned Campo
Morado Mine <read here>. Since declaring commercial production as of May 15, 2018 the mining and milling
operations at Campo Morado have run smoothly and consistently with the production levels steadily
increasing towards management’s targets.
Tahuehueto
Mine construction and pre -production at Tahuehueto continue to progress within management 's
expectations.
About Telson Mining Corporation
Telson Mining Corporation is a Canadian based mining company with two Mexican gold, silver and base
metal mining projects.
Telson is currently in production at its 100% owned Campo Morado Mine in Guerrero, Mexico. Telson
acquired Campo Morado in June 2017, re-commenced mining and processing operations in October 2 017
with pre-production from mine development on a trial basis that commenced at an average 1,400 tonnes per
day and declared commercial production on May 15, 2018. Mill throughput production has steadily increased
and has recently achieved rates between 2,000 – 2,200 tpd.
Telson's Tahuehueto Project, located in north -western Durango State, Mexico is currently in small scale pre -
production utilizing a toll mill for processing , and has entered a construction phase with a timeline to be
producing on site in its own mineral processing plant capable of milling at least 1,000 tonnes per day in Q1,
2019. Regular metal concentrate delivery and sales are underway from both projects.
Visit: www.telsonmining.com
On behalf of the board of directors
(signed) “Ralph Shearing”
Ralph Shearing, P.Geol, President and Director
Telson Mining Corporation
TSX.V: TSN OTC Pink: SOHFF
Frankfurt: TSGN.F
Shares Issued: 130,184,348
Page 2 of 2
Cautionary Note Regarding Production Decisions and Forward-Looking Statements
It should be noted that Telson has declared commercial production at Campo Morado prior to completing a
feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, readers should be
cautioned that Telson’s production decision has been made without a comprehensive feasibility study of established
reserves such that there is greater risk and uncertainty as to future economic results from the Campo Morado mine
and a higher technical risk of failure than would be the case if a feasibility study was completed and r elied upon to
make a production decision. Telson has completed a preliminary economic assessment (“PEA”) mining study on the
Campo Morado mine that provides a conceptual life of mine plan and a preliminary economic analysis based on
the previously identified mineral resources (see News Release dated November 8, 2017 and April 4, 2018).
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-
looking statements” (collectively, “Forward- Looking Information”) within the meaning of applicable Canadian
securities laws. Forward Looking Information includes, but is not limited to, disclosure regarding possible events,
conditions or financial performance that is based on assumptions about future economic conditions and courses of
action; the timing and costs of future activities on the Company’s properties, such as production rates and increases;
success of exploration, development and bulk sample processing activities and timing for processing at its own
mineral processing facility on the Tahuehueto project site. In certain cases, Forward- Looking Information can be
identified by the use of words and phrases such as “plans”, “expects”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates” or variations of such words and phrases. In preparing the Forward- Looking Information in this news
release, the Company has applied several material assumptions, including, but not limited to, that the current
exploration, development, environmental and other objectives concerning the Campo Morado Mine and the
Tahuehueto Project can be achieved, the continuity of the price of gold, zinc, lead and other metals, economic and
political conditions and operations. Forward-Looking Information involves known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or implied by the Forward- Looking
Information. There can be no assurance that Forward- Looking Information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not
assume any obligation to release publicly any revisions to Forward- Looking Information contained in this news
release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information about Telson Mining Corporation, please contact:
Glen Sandwell
Corporate Communications Manager
Tel: +1 (604) 684-8071