KBL Mining Ltd.: Mines and Money London Presentation
01.12.2015 | ABN Newswire
Sydney, Australia (ABN Newswire) - KBL Mining Ltd. (ASX:KBL) are pleased to provide a Company presentation for the Mines and Money conference in London.CURRENT OPERATIONS
- Pearse Open Pit in Operation
- Shallow, high grade gold-silver
- Pearse main pit extended to starter pit depth. over 600,000 BCM moved some 60% of over pit tonnes deposit (6.9 g/t Au, 71.7 g/t Ag)
- CIL circuit commissioning - expected to increase gold recoveries by 15%
- Flotation plant capacity doubled
- Third consignment of Pearse concentrate ready for shipment- 700 DMT grading 68g/t Au & 370g/t Ag
- Southern Ore Zone Underground
- Development access to G copper-gold resources on 60 and 25 levels developed.
- Decline approaching 925mRL but underground is only 350 metres
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-KBL-744916.pdf
About KBL Mining Ltd:
KBL Mining Ltd. (ASX:KBL) is an Australian resource Company listed on the ASX with a focus on producing precious and base metals. KBL's main assets include the Mineral Hill copper-gold-silver-lead-zinc mine near Condobolin in New South Wales and Sorby Hills lead-silver-zinc project in Western Australia. The Company has been operating the refurbished processing plant at Mineral Hill since October 2011 to produce copper-gold concentrates and in 2013 commenced producing a separate lead-silver concentrate. Sorby Hills (KBL holds 75% with Henan Yuguang Gold & Lead Co. Ltd (HYG&L) holding 25%) is a large near surface undeveloped silver-lead deposit close to port infrastructure and a short distance from Asian markets. A PFS for stage 1 of the project (400,000tpa open cut ore processed) was released on 6 December 2012 Environmental approvals for stage 1 were granted in 2014. A BFS is in progress to be followed by project financing.
Contact:
KBL Mining Ltd.
T: +61 2 9927 2000
E: info@kblmining.com.au
www.kblmining.com.au
