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Wiluna Mining Corporation Ltd (ASX:WMX) Wiluna Development Update - June 2021
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 Wiluna Mining Corporation Limited (ASX:WMX) (FRA:NZ3) (OTCMKTS:WMXCF) is pleased to provide an update on mine development activities in support of our 24-month (commenced October 2019), five-point Wiluna Development Strategy to;
1. Continue to strengthen the balance sheet
2. Increase operational cash flow
3. Transition to include gold concentrate production
4. Expand production, and
5. Undertake exploration and feasibility studies to fully develop a 250kozpa, long life gold operation.
HIGHLIGHTS
- Stage 1, 750ktpa Flotation Plant construction is 54% complete and mine development approximately 35% advanced; targeting full ramped up production of 120kozpa by end of FY2022.
- Golden Age eastern extension identified and currently being developed in the upper section in Q4; expected to provide significant growth in scale and mine life of dore production to support Stage 1.
- FYTD 2,749 metres of underground development completed.
- Stage 2 Feasibility Study continues; completion expected by end of CY2021.
- FYTD Mineral Resource drilling for Stage 1 & Stage 2 Feasibility Study on track; 101,450 metres completed.
- Optimisation Metallurgical test work ongoing and positive. Work continues to optimise gold recovery, grind size and reagent consumption.
- Rod Mill rectification work completed and back in service resulting in immediate increase in milling rates.
To view the full update, please visit:
https://abnnewswire.net/lnk/D9Y49W1M
Milan Jerkovic
Executive Chair
+61 8 9322 6418
Jim Malone
General Manager
Investor Relations
+61 419 537 714
Dannika Warburton
Media & Communications
+61 401 094 261
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