Simberi produced 17,257 ounces of gold in the March quarter, at an average milled grade of 1.63 g/t Au and gold recovery of 77%.
Mill and rope conveyor availability are yet to reach targeted levels, however as anticipated mined grade improved during the quarter as the mine schedule accessed a higher proportion of ore tonnes from the higher-grade zones in Sorowar pit and reconciled positively. Gold sales for the quarter were 18,016 ounces at average realised gold price of
Further commentary on operations, including production costs and cash flow details, will be provided in the Q3 March FY24 quarterly report scheduled to be released in the week commencing 22 April. Managing Director and CEO
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