HGO 1.79% 5.5¢ hillgrove resources limited

News: HGO Hillgrove Resources Says Mechanical Failure To Result In Temporary Stoppage In Production

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    May 16 (Reuters) - Hillgrove Resources Ltd (HGO) :

    • MECHANICAL FAILURE HAS OCCURRED WITH ITS PRIMARY CRUSHER WHICH WILL RESULT IN A TEMPORARY STOPPAGE IN PRODUCTION
    • WORK HAS COMMENCED ON REPLACEMENT OF FAILED BEARING, WHICH IS ANTICIPATED TO TAKE BETWEEN SEVEN TO TEN DAYS TO COMPLETE
    • MINING OPERATIONS CONTINUE AT FULL CAPACITY & OUTAGE NOT EXPECTED TO HAVE A MATERIAL IMPACT, 2018 ANNUAL GUIDANCE IS UNCHANGED
 
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