KEY POINTS ? 100,000 ounces of silver produced since re-irrigation of existing silver-rich heaps commenced in April 2011. ? New silver bullion circuit with 2Moz pa capacity successfully installed and commissioned on site during July ? first silver bullion produced on site. ? Alcyone poised to take advantage of strong silver price, which has risen recently as high as A$37/oz, compared with the Company?s forecast cash operating costs of A$15/oz. ? Dry commissioning of upgraded processing facility underway.
