Native Mineral Resources Reports Highest Monthly Mill Head Grade Since Blackjack Plant Recommissioning

MT Newswires Live08-05

Native Mineral Resources (ASX:NMR) said July reconciled mill head grade at its Blackjack gold operations in Queensland rose to 1.09 grams per tonne gold, the highest monthly reconciled head grade since the company recommissioned the Blackjack processing plant, according to a Wednesday Australian bourse filing.

The company said the official refinery outturn for its July 6 gold pour confirmed 109.47 ounces of payable gold and 53.29 ounces of payable silver from three doré bars.

Subsequent gold pours demonstrated consistent production, with the July 14 pour returning 65.55 ounces of gold and 48.50 ounces of silver from 131.3 ounces of doré, and the July 21 pour returning 151.56 ounces of gold and 85.71 ounces of silver from 335.3 ounces of doré, the filing added.

The company's shares rose 2% in recent Wednesday trade.

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