Haoma Mining NLA.B.N 12 008 676 177Registered Office & Head...

Haoma Mining NL
A.B.N 12 008 676 177
Registered Office & Head Office:
Level 1, 401 Collins Street, Melbourne, Vic., 3000, GPO Box 2282U, Melbourne, Vic., 3001.
Telephone (03) 9629 6888, Facsimile (03) 9629 1250
Email: [email protected] Website: www.haoma.com.au
Perth Office:
Suite 22 Piccadilly Square 7 Aberdeen Street, Perth, W.A. 6000
Tel: (08) 9325 4899
Fax: (08) 9221 1341
January 4, 2007
Company Announcements Office
Australian Stock Exchange
Level 45, South Tower
Rialto
525 Collins Street
MELBOURNE VIC. 3000
Dear Sirs,
For Immediate Release
Gold Produced at Bamboo Creek Plant
Haoma is pleased to advise shareholders that during the week ended December 22, 2006 the
re-engineered Bamboo Creek Plant produced 56.3oz (1.75 kg) of gold and 142.8oz (4.4kg) of silver
from stripping 2.5 tonnes of carbon.
The Bamboo Creek CIP Circuit contains 8 tonnes of activated carbon (2 tonnes were stripped) and
the Vat Circuit contains a further 6 tonnes of activated carbon (0.5 tonnes were stripped). At
December 23, 2006 the estimated volume of gold on carbon was 295.8 oz (9.2 kg).
The Bamboo Creek Plant is currently operating 24 hours per day processing stockpiled Low Grade
Kitchener ore* at an average rate of 700 tonnes per day and recovering gold to carbon. At this rate
of production the Bamboo Creek processing operation is cash positive.
Yours sincerely,
Gary C. Morgan
CHAIRMAN
*Note: There are 1 million tonnes of stockpiled Low Grade Kitchener ore with an average gold grade by
traditional assay methods of less than 0.6g/t. Based on the Elazac Assay Method the gold grade of the
stockpiled ore processed through the Bamboo Creek Plant over the last 7 weeks measured at least 1 g/t.