Highlights
- Strongest production Quarter to date with 5,268ozs Au produced, driven by record grade (3.03g/t) and excellent recoveries (>75%);
- Stronger operating performance to continue into September Quarter
(Mt Boppy expects 15% increase in recovered gold production over
IPO forecasts following Resource Update announced 1 Feb 2021);- ~$1.58m generated in Operating Cash Flow, the strongest Quarterly
result this Financial Year;- Cash balance was ~$1.45m after repayment of US$3m to the
TransAsia Private Equity debt facility during the Quarter;- Compilation of Wonawinta Mine Plan and maiden JORC Reserve are
progressing well;- Wonawinta Silver production is planned to commence in second half
of calendar year; and- Further Wonawinta Silver extension drill program to commence in
May, initial Wonawinta Deeps drill program - assay results pending
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Highlights Strongest production Quarter to date with 5,268ozs Au...
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