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 to22,503 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.”
MOY Price at posting:
18.5¢ Sentiment: None Disclosure: Held