RSG 0.00% 76.0¢ resolute mining limited

more gold at mount wright

  1. 9,509 Posts.
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    Since the introduction of the SLS mining method, cash costs have 02
    improved to an average $803/oz.
    As at 31 December 2013, the updated proven and probable Mount Wright
    ore reserve is 4.1 million tonnes at 2.7g/t for 352,000 ounces as outlined in
    Table 1. After allowing for mining depletion over the six month period to
    December 2013, the ore reserve has been increased by 1.7 million tonnes for
    an additional 137,000 ounces. The additional production extends the mining
    and processing operations until at least the September quarter of 2016.

    Good news every bit helps and I expect to see more upgrades to come.

    jojo
 
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