03:50 PM EST - Revett Minerals Inc. : issued its operational guidance and outlined its metals hedging program for 2010. Production at the Troy Mine is expected to be about 1.3 million ounces of silver and 10.7 million pounds of Copper for 2010. Based on the current mine plan, mill throughput is anticipated to exceed the 2009 estimated average of 3,745 tons per day, averaging 4,049 tons per day for 2010. Grades are also anticipated to improve slightly averaging 1.01 ounces per ton silver and 0.43% copper; compared to one ounce per ton silver & 0.39% Cu in 2009. A key objective is to maintain operating costs in a range similar to those in 2009 which were about 20% lower than 2008. Revett Minerals Inc.
shares T.RVM are trading even at $0.46.
