STB south boulder mines ltd

Part of the Duketon projectMarch 2013 Quarter Gold...

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    Part of the Duketon project

    March 2013 Quarter Gold Production
    Regis Resources Ltd (RRL) produced 74,588 ounces of gold in the March 2013 quarter.
    Garden Well Gold Mine operating results for the March 2013 quarter were as follows:
    Mar 2013 1,162,921
    Dec 2012 1,053,874
    Ore milled (tonnes)
    Head grade (g/t)
    1.39
    1.65
    Recovery (%)
    93
    92
    Gold production (ounces)
    48,430
    51,562
    Operations at Garden Well were impacted by high rainfall during two periods in late February and in March as a result of the remnants of Tropical Cyclone Rusty and a second high rainfall weather event. The high rainfall resulted in the mining and processing of wet oxide ore which significantly impacted crushing circuit throughput. This reduced mill throughput to below an annualised rate of 4 million tonnes for more than a week.
    To minimise as much as possible the impact of wet oxide ore on the crushing circuit throughput during the rain affected period, ore was also mined from lower grade transitional zones where the material can be more effectively handled by the crusher.
    The processing plant ran at 5.0mtpa for the last two weeks of March, once the rain related issues abated.
    Moolart Well Gold Mine operating results for the March 2013 quarter were as follows:
    Mar 2013 618,749
    Dec 2012 627,085
    Ore milled (tonnes)
    Head grade (g/t)
    1.43
    1.40
    Recovery (%)
    92
    93
    Gold production (ounces)
    26,158
    26,145
    Operations at Moolart Well for the quarter were consistent with its long term run rate.
    Further information on operations and cash costs will be reported in the March 2013 quarterly report.
    Yours sincerely
    Regis Resources Limited
    Mark Clark
    Managing director


    BUX resources info from company page
    The Widowmaker Project is located 22 kilometres along strike from Sirius Resources (ASX: SIR) new Nova Nickel Discovery in the Fraser Range nickel province, which delivered an intercept of 4 metres at 3.8% nickel and 1.42% copper in the first reverse circulation drill hole.
    Good luck all
 
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