Top-News
Dienstag,
01.05.2018 13:00
von
PR Newswire
| Aufrufe: 106
Beta Hunt Mine Gold Production Increases for Fourth Consecutive Quarter
Arbeiter in einem Tagebau (Symbolbild).
© SeventyFour / iStock / Getty Images Plus / Getty Images
Canada NewsWire
TORONTO, May 1, 2018
TORONTO, May 1, 2018 /CNW/ - RNC Minerals Corporation ("RNC") (TSX: RNX) announces that its Beta Hunt Mine produced a total of 13,780 mined gold ounces in Q1 2018, an increase of 8% over the fourth quarter of 2017 and 149% versus the corresponding quarter in 2017. RNC expects continued improvements in production volumes and grade in the second quarter of this year, with the commencement of production from the Western Flanks Central and AWF 14 Level stopes.
169 kt were mined at Beta Hunt at an average grade of 2.54 g/t during Q1 2018, improvements of 6% and 3%, respectively, compared to the fourth quarter 2017. 110 kt of production was milled at an average grade of 2.36 g/t, compared to 158 kt and 2.39 g/t, respectively, in Q4 2017. Milling volumes were adversely affected by the timing of tolling schedules and above normal levels of seasonal rains, which limited ore delivery to our tolling mill providers early in the quarter. It is anticipated the back log of mined material will be processed during the second quarter. Since the end of the first quarter, more than 55 kt of higher grade material has been milled. The toll, which is still underway, has an average grade of approximately 2.9 g/t which is the best toll milling performance to date1.
Mark Selby, President and CEO of RNC, commented, "2018 is off to a strong start with continued improvements in grades and tonnes mined at Beta Hunt and the current toll providing the best toll milling performance to date. These improvements in production and grade are largely a function of mining stopes in deeper sections of A Zone, Western Flanks and Western Flanks East. These new mining areas will contribute additional tonnes at higher grades in the upcoming quarters as we target improvements in mining grades to 3+ g/t."
| 1. This is a preliminary result and the final grade will be determined upon completion of the toll. |
Table 1: Beta Hunt Mine Q1 2018 Production Results
| Beta Hunt Gold and | Q1 2018 | Q4 2017 | Q4-17 to | Q1 2017 | Q1-17 to |
| Gold tonnes mined (000s)5 | 169 | 160 | 6% | 102 | 66% |
| Gold mined grade (g/t)3,4,5 | 2.54 | 2.47 | 3% | 1.69 | 50% |
| Gold mined (ounces)2,3,4,5 | 13,780 | 12,722 | 8% | 5,535 | 149% |
| Gold tonnes milled (000s) | 110 | 158 | -30% | 69 | 59% |
| Gold mill grade (g/t) | 2.36 | 2.39 | -1% | 1.62 | 46% |
| Gold Recovery (%) | 92 | 92 | 0% | 90 | 2% |
| Gold milled (ounces) | 8,372 | 12,128 | -31% | 3,597 | 133% |
| Gold sales (ounces)1 | 7,978 | 12,896 | -38% | 6,132 | 30% |
| Nickel tonnes mined (000s) | 7.8 | 8.6 | -9% | 6.8 | 15% |
| Nickel tonnes milled (000s) | 8.7 | 7.0 | 24% | 6.8 | 28% |
| Nickel mill grade, nickel (%) | 1.89 | 2.64 | -28% | 2.51 | -25% |
| Nickel in concentrate | 0.14 | 0.16 | -13% | 0.15 | -7% |
| Note that production numbers are preliminary estimates and final grades and ounces can only be determined once mined material has been processed. With delays in tolling at the end of the quarter, 105.5kt of gold mineralization, or just over 60% of material mined during quarter, remained in inventory and had not yet been processed. | |
| 1. | Note: numbers may not add due to rounding. |
| 2. | The difference in gold sales ounces and gold mined ounces is due to timing differences in receipt of gold sales depending on completion date of tolling campaigns. |
| 3. | Final grades are determined once mined material has been processed. |
| 4. | As of March 31, 2018, 105.5 kt of gold mineralization from Q1 2018 production remained on the ROM pad for tolling in the subsequent quarter, compared to 45.4 kt of gold as of December 31, 2017. |
| 5. | Due to large amount of Q1 production remaining in inventory and not tolled at the end of the quarter due to weather and milling disruptions, the mined tonnes and grade have not been fully reconciled at this point in time |
Technical Disclosure
The disclosure of scientific and technical information contained in this news release has been approved by Kevin Small, Director, Mining Operations of RNC with respect to mining results and by Johnna Muinonen, Vice President, Operations of RNC with respect to milling results, both Qualified Persons under NI 43-101.
Werbung
Mehr Nachrichten zur Karora Resources Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)
-1
Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink.
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.
