MOY 0.00% 5.1¢ millennium minerals limited

Ann: Bartons Underground Rapidly Advances and Production Update, page-4

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  1. 2,233 Posts.
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    Can  now  sketch  the  December  Quarter  in;
    So,  on  14/10/15  they  reported  a  record of   27,238  ounces  at  AISC  of  $1254.
    On  27/1/16,  gold  production  amounted  to 22,503  ounces  at  AISC  of  $1191.
    On  16/3/16   “    “   23,166  ounces  at  AISC  of  $1195.
    The  June  Qtrley "   18,983  ounces  at   AISC  of  $1386.
    September  Qtrly   “ 16,007  ounces  at  AISC  of  $1470.

    December  figure “ ‘' 21,400  ounces   anticipate  AISC  of  $1360 / $1390  


    “This provides a strong foundation for the imminent development of the first-ever
    underground mine at Nullagine, with mining scheduled to commence by quarter-end.”


    “Redbeard in particular is shaping up as a very exciting discovery for Millennium,
    having returned some of the thickest and highest grade intercepts we have ever seen
    at Nullagine.

    A maiden Mineral Resource estimate for Redbeard is currently in progress and should
    be announced later this month.”
 
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