Millennium Minerals Limited announced that the annualised production rate at its 100%-owned Nullagine Gold Project in the Pilbara region of WA is now at a rate of 100,000 ounces per annum, achieving the Company's long-held production target well ahead of schedule. Over the past two weeks, daily production from Nullagine has averagedapproximately 400 oz/day, including record daily production of 540oz of gold on 30th August 2018. Millennium had expected to achieve an annualised run-rate of 100,000 ounces per annum in the December 2018 quarter, however a strong production performance over the past two weeks has enabled the Company to achieve this goal ahead of schedule. The increase in gold production is mainly driven by a higher average head grade as the new Bartons underground and higher grade open pit ore are brought online, supported by an increased mining rate and materially improved mill throughput - all of which are expected to be maintained over the remainder of 2018 and into 2019. Encouragingly, ore feed at Nullagine is currently still being blended with low-grade ore from the pre-strip of the Golden Eagle deposit, which is now almost completed, indicating that further increases in head grade could yet be achieved. The mining rate at Nullagine has risen from a monthly average of approximately 400,000 Bank Cubic Metres (BCM) for the first six months of 2018, to over 600,000 BCM over the past two months. This increase has been achieved by employing more efficient mining strategies in its open pits, delivering a strong boost to productivity without the need to employ any additional equipment. The Bartons underground development in August increased to over 400 metres with one Jumbo drill. Mill throughput has lifted from a monthly average of 154kt over the first six months to 175Kt overthe last two months through the implementation of a number of improvement projects including optimisation of the SAG mill performance through process control enhancements and changes to mill liner design. Collectively, these enhancements have put the Company on-track to achieve its forecast production guidance of 20,000 to 22,000 oz in the September 2018 quarter, and 25,000 oz in the December 2018 Quarter.