Great start for 2024.....“Seeing the cash from the first copper sales hit the bank account was very gratifying. The revenues represent the execution of a strategy that commenced in 2019 centred on leveraging the existing infrastructure at Kanmantoo to develop a low capital-intensive copper mine. Delivering first copper from the underground on time and in line with costs is a testament to the capability of the team at Kanmantoo. Over the next six months the proceeds from copper sales will increase as the production profile ramps up to steady state.
Concurrently we will begin to actively grow the mine life and the annual copper production profile through exploration, starting with our substantial exploration target near the underutilised processing plant, including the recently discovered Kanmantoo Deeps target.”
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