Old Pirate Gold Mine December Production Update
Perth, Jan 18, 2016 AEST (ABN Newswire) - ABM Resources NL (ASX:ABU) is pleased to provide an update on operations at the Old Pirate Gold Mine during December 2015.
- Record tonnage of ore mined
- Record tonnage of ore processed
- Record ounces of gold recovered and poured
- Continuous processing introduced from mid-January
Production during December exceeded the level forecast in the revised mine plan for the operation (ASX release of 24 December 2015). The tonnage of ore mined and processed and the ounces of gold recovered to circuit and poured were all higher than any preceding month, as shown in the graph in link below.
Operations remain on track to achieve the targets set in the revised mine plan. Additional processing plant operators and maintenance staff have been engaged to enable processing to be carried out on a continuous basis, in place of the previous roster of two weeks on / one week off, from now until mining ceases in April 2016.
Production details for December and the project to date are presented in the link below.
About ABM Resources NL
ABM Resources (ASX:ABU) is developing several gold discoveries in the Central Desert region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high-grade production scenarios such as the Old Pirate High-Grade Gold Project, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Hyperion Gold Project. In addition, ABM is committed to regional exploration programs throughout its extensive holdings including the alliance with Independence Group NL at the regional Lake Mackay Project.
ABM Resources NL