Tribune Resources (ASX: TBR) has provided its quarterly activities report for the period ended 31 December 2020.
HIGHLIGHTS:
-
During the quarter Rand and Tribune toll processed 239,742 tonnes of ore at three mills in the district, with Tribune’s share equating to 179,806 tonnes.
-
From that processing 32,063 ounces of Gold were credited to Rand and Tribune Bullion Accounts, with Tribune’s 75% share equating to 24,047 oz of Gold.
-
Lower than forecast mine production at the EKJV mines resulted from strong seismic response and damage in lower Pegasus South (Sept) and lower Pegasus Nth (Oct). The outlook for the next quarter is similar production to the December quarter.
-
Resource definition and exploration drilling resumed at the Japa Project in Ghana with 6,792 metres completed in 39 holes.
-
Diamond core drilling continued at the Diwalwal Gold Project in the Philippines with 3,017 metres completed in 13 holes.
At the end of the quarter Tribune is entitled to a share of the following stockpiles –
