NIU 0.00% 2.0¢ niuminco group limited

Ann: Plant Optimisation Strategy Update, page-2

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    Niuminco Group Limited
    Suite 50, 14 Narabang Way, Austlink Corporate Centre, Belrose NSW 2085 Australia
    Tel: (02) 9450 0828
    6 April, 2018
    Companies Announcement Office Australian securities Exchange Exchange Square, 20 Bridge Street SYYDNEY NSW 2000
    Fax: (02)9450 0877 Email: [email protected] ABN 44 009 163 919
    PLANT OPTIMISATION STRATEGY UPDATE
    The processing plant and ball mill have been test run with both stock-piled and fresh ore over the past two weeks for up to 7 hours per day with a maximum throughput of approximately 2 tonnes per hour.
    In light of this level of throughput, and as previously foreshadowed, a deci


    sion has been made to purchase a larger vibrating feeder, and to enlarge the feed hopper outlet, to facilitate a greater, +5tph flow of ore to the mill from the feed hopper.
    The new feeder will be air-freighted to site next week and installed, with the hopper modification work currently underway and due for completion before the arrival of the feeder.
    Mining and screening of feed material is continuing with material being sourced from the “Alpha West” (or main Edie Lode vein) area in recent weeks (see pictures below).
    As is typical of the vein systems at Edie Creek, the main Edie Lode contains finer and lower grade gold in the upper sections, with gold grade and coarseness increasing with depth, down to the bottom of the oxidised zone.
    Niuminco Managing Director, Tracey Lake said “The upgrade to the mill and processing plant is continuing in a measured fashion as we move towards increased processing and mining capacity.”
    6 April, 2018
    Mark Ohlsson Company Secretary
 
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