Atico Mining Corporation announced the results of the Definitive Feasibility Study (the "DFS" or the "Study") for its 100% owned La Plata Project ("La Plata") located in Ecuador. The DFS was prepared in accordance with the National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Metallurgical testwork has shown that the production of two concentrates provide the best economic performance for the operation, a zinc concentrate and a bulk concentrate.

The process plant design for the La Plata Project is based on a conventional metallurgical flowsheet to treat sulphide ore to produce bulk copper and zinc concentrates. The flowsheet is based on metallurgical test work, industry standards and conventional unit operations. The process plant will nominally treat 850 tonnes per day (t/d) of ore and will consist of comminution and flotation circuits.

Flotation tailings will be dewatered to produce a filtered tailings for storage onsite. The Feasibility study proposes to construct, at a cost of USD 1.6 Million, a 69kV transmission line for the power usage at the mine site using a new 8-kilometer connection to the power grid. Rain water will be collected from contact areas and fresh water will be pumped by pipeline from surface collection sumps.

The company will also construct a filtered, stacked tailings impoundment facility to accommodate tails from the milling operations.