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Western Australia mine begins operation

Kitco News

RNC Minerals said today that mining is underway at its Baloo Stage I open pit gold mine. The mine is expected to produce 30,000 tonnes of material per month to supply the processing plant at Higginsville Gold Operations.

The company said the Baloo material that has had grades ranging between 1.8 to 2.8 g/t Au, "...an excellent grade for a shallow open pit mine."

Paul Andre Huet, Chairman and CEO, commented in a news release.

"The commencement of processing of Baloo material through the HGO mill is a another big step forward in the transformation of RNC into an integrated multi-mine gold operation and supports our belief in the quality of the resource potential of the nearly 400 square kilometre HGO land package that we acquired and the growth trajectory of the combined Western Australia operations. We are looking forward to providing production and cost guidance for the balance of 2019 in the near future".

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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