KRM 10.3% 3.5¢ kingsrose mining limited

I spoke to KRM today re the April ball mill stoppageand the...

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    I spoke to KRM today re the April ball mill stoppage
    and the progress of the fitment of the SAG mill and the
    report is as follows:

    (a) SAG Mill
    -SAG Mill going through Indonesian Customs at present.
    -Prep. work at mine done for installation
    -SAG mill will cure sticky ore problem
    -Plant should be at full throughput by end of June
    -Plant works 24/7/365

    (b) Ball Mills
    - Teething problems Temporarly fixed
    - Both mills back in production
    - April downtime about 4 days rather than the expected
    9 days
    - Bearing lubrication problem rectified
    - Permanent repairs will be done during installation
    of SAG mill to minimise further downtime.

    As mine progresses there will be less claylike substance in ore & more hard rock which is easier to process.

    The new GM is very experienced in machinery & mine operations so there should no worry re recurring problems.

    There's nothing fundamentally new that has not already been released in the company's ASX anns; only qualifying detail

    That's all folks.

    Cheers
    Moorookamick
 
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