Gold miner, Lachlan Star is pleased to provide the following operational update for the month of April 2013 to date (to the 14th April). Highlights include: Ore mined of 211,800 tonnes at a grade of 0.55 g/t Au for 3,768 ounces at an average mining rate of 15,130 tpd. Ore stacked of 208,350 tonnes at a grade of 0.49 g/t Au for 3,197 ounces at an [...]
Gold miner, Lachlan Star is pleased to announce that it has closed on the first tranche of the previously announced non-brokered private placement. A total of C$3.87 million has been subscribed for at a price of C$0.57 and the Company has authorised to be issued 6,765,000 ordinary shares to accredited North American and European investors. As [...]
Gold miner, Lachlan Star Limited is pleased to provide the following preliminary operational update for the March 2013 Quarter as contained in Table 1. Highlights include: Record gold mined of 21,220 ounces in the March Quarter, Record gold mined of 8,841 ounces in the month of March, Waste:ore ratio reduced by 17% quarter on quarter - Mined grade [...]
Gold miner, Lachlan Star Limited is pleased to announce that it has entered into subscription agreements with accredited North American and European investors to raise a total of C$12.93 million at an issue price of C$0.57 a share from the issuance of 22,683,468 ordinary shares.
Gold miner, Lachlan Star Limited executive chairman Mick McMullen acquired 10,000 shares for an average price of A$0.82 per share in on market purchases today. Mr McMullen now indirectly holds 2,520,212 shares in the company. To view the Appendix 3Y lodged with the ASX please click the link below:
Gold miner, Lachlan Star Limited files Interim Financial Statements and Quarterly Managements Discussion and Analysis for the period ending 31 December 2012. Interim Financial Statements and the Quarterly Management Discussion and Analysis can be downloaded at the links below:
Lachlan Star Limited is pleased to announce that it has entered into a C$10 million secured debt facility with Sprott Resource Lending Partnership. The Facility has a 12-month term and is drawable in two x C$5 million Tranches. The term of the loan can be extended for a further 12 months under certain circumstances and the payment of an extension [...]
Gold miner, Lachlan Star Limited provides the following summary of its activities for the quarter ended 31 December 2012. 13,722 ounces of gold produced in the quarter, an increase of 32% quarter on quarter and a record under Lachlan Star's ownership; Record gold stacked of 17,855 ounces, an increase of 10% on the previous quarter;
Gold miner, Lachlan Star is scheduled to release the December 2012 quarterly operations report after market close on the ASX and before market open on the TSX on Wednesday 30 January 2013. A conference call is scheduled for Wednesday, 30 January 2013, at 8.30 a.m. EST (Canada) to discuss these results.
Gold miner, Lachlan Star is pleased to announce that: Mining restrictions imposed on the high grade Chisperos Pit have been resolved after the relocation and energising of the adjacent power line that had prevented full access to this pit since March 2012. Delivery of the owner mining fleet has been completed and the fleet has commenced work in the [...]
Gold miner, Lachlan Star Limited is pleased to announce that Mick McMullen, Executive Chairman, has bought 20,000 shares to increase his total shareholding (held directly and indirectly) in the Company to 2,510,212 shares.
