RE: Waiting3 Dec 2018 13:48
Last RNS gave good indications that things are improving with operations..sentiment will get a big boost once nameplate mill throughput is confirmed..
Key positives from last rns --
· Crushing and filter sections of the processing plant have now been repaired and restored to full availability with major bottlenecks removed, and stable production is expected for the remainder of the quarter.
· Mill availability is improving and the final concentrate grade achieved throughout Q4 to date has been above forecast levels.
· A planned mill reline, scheduled for the last week of November 2018, is expected to see mill throughput increase to its nameplate capacity of 155 tonnes per hour.
· Mining operations have focused on waste stripping in order to increase space in the open pit.
· Test results on main ore body in the north pit confirmed that approximately 2 million tonnes of ore are currently accessible, with low levels of acid solubility, with internal metallurgical flotation test work returning Cu recoveries of in excess of 76%.