Rambler Metals and Mining plc Reports Production Results for the Second Quarter and Six Months Ended June 30, 2019; Provides Production Guidance for the Fiscal Year 2019
For the six months, Dry Tonnes Milled was 211,090 against 177,605 a year ago. Copper Recovery was 94.9% against 96.3% a year ago. Gold Recovery was 68.9% against 68.8% a year ago. Concentrate production of Copper grade was 26.7% against 28.2% a year ago. Gold grade was 8.5 g/t against 9.7 g/t a year ago. Dry Tonnes produced was 10,222 against 6,644 a year ago. Saleable metal production of Copper was 2,624 tonnes against 1,801 tonnes a year ago. Saleable metal production of Gold was 2,450 ounces against 1,861 ounces a year ago.
For the fiscal 2019, the company expects Dry Tonnes Milled of 400,000 - 450,000. Copper Head Grade to be 1.30% - 1.50%. Gold Head Grade to be 0.70% - 0.90%. Saleable metal production of Copper to be 5,000 tonnes to 6,000 tonnes. Saleable metal production of Gold to be 5,000 ounces to 7,000 ounces.