Tribune Resources (ASX: TBR) has released its quarterly activities report for the period ending 30 June 2020.
HIGHLIGHTS
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During the quarter, 41,308 tonnes of EKJV ore were processed at the Kanowna Plant and 47,623 tonnes of Rand & Tribune ore were processed at the Lakewood Mill.
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From that processing 8,858 ounces of Gold and 1,192 ounces of Silver were credited to Rand and Tribune Bullion Accounts, with Tribune’s 75% share equating to 6643.5 oz of Gold and 894 oz of Silver.
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The drilling campaign at the Japa Project concluded during the June Quarter. Total drilling for the period was 10,937 metres completed in 66 holes comprising 1,136 metres of diamond core and 9,801 metres of RC percussion.
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Drilling at Japa was focused on the Adiembra prospect and maiden diamond drill testing of the Japa-Dadieso Trend. Highlights of this program include a number of broad mineralised intervals that reflect the robust width and tenor of some of the quartz vein packages.
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A Mineral Resource estimation of the Adiembra deposit by an independent mining consultancy commenced in June and is expected to be completed in the September Quarter.
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An extensive suite of metallurgical samples from Adiembra was compiled and dispatched to an independent metallurgical laboratory in Australia.
GEOLOGY AND MINING
East Kundana Joint Venture
Raleigh Underground Mine Production
A large seismic event occurred at Raleigh on 14 January. Mining operations were suspended in April with the mine placed on care and maintenance. A detailed study is assessing the economics of recommencing mining.
Some stope production occurred in April from the 6031 level.
Contained gold in stope ore mined during the quarter is tabulated in the announcement link below.
Raleigh Underground Mine Development
At the end of the quarter, the bottom of the Raleigh Decline is at 5602 m RL, 743 m from the surface, the top of the Sadler Incline remains at 5989 m RL, 356 m from the surface and the bottom of the Sadler Decline remains at 5944 m RL, 401 m from the surface.
There was no underground development during the quarter.
