HGO hillgrove resources limited

Ann: Quarterly Activity Report and Appendix 5B for 30 September, page-6

  1. HIO
    548 Posts.
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    MAIDEN ORE RESERVE 2.8MT CONTAINING 26KT COPPER AND 14KOZ GOLD

    This mine is now being run professionally with RESERVES being measured "giving HGO the right to grow"

    We have rapidly moved through the startup stage and now in commercial production. Great to see the $10 m facility from Freepoint to provide financial flexibility and at the same time this facility may never need to be drawn.

    In relation to the deeps - minimal drilling has been done and it is important at this stage to "stick to the knitting" and drill and process the more known ore bodies.
 
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