RNC Minerals (TSX: RNX) is pleased to announce that gold production for the month of July 2019 was 7,873 ounces.
Paul Andre Huet, Chairman & CEO commented: “As promised during our quarterly call, we are providing more frequent updates. Production of approximately 7,900 ounces during the month of July 2019 is an excellent result for our first full calendar month of consolidated operations following the acquisition of the Higginsville Gold Operation (HGO). Material processed during July was comprised of Beta Hunt mined and stockpile, with excellent recoveries in the 92-94% range. With the addition of HGO open pits, having a combination of feed sources provides the opportunity to blend feeds and optimize throughput and recoveries without having to clean out the entire mill. With Baloo open pit production commencing in early August, I look forward to the continued strong performance of the HGO mill. We anticipate providing production guidance in the coming weeks.”
About RNC Minerals
RNC has a 100% interest in the producing Beta Hunt gold mine located in Western Australia where a significant high-grade gold discovery – “Father’s Day Vein” – was made. Beta Hunt gold resource potential is underpinned by multiple gold shears with gold intersections across a 4 km strike length which remain open in multiple directions adjacent to an existing 5 km ramp network. RNC has a 100% interest in the Higginsville Gold Operation in Western Australia, which is comprised of a low cost 1.3 Mtpa gold mill and a substantial portfolio of gold tenements. In addition, RNC owns a 28% interest in a nickel joint venture that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec which contains the second largest nickel reserve and ninth largest cobalt reserve in the world. RNC also owns a 24% interest in Orford Mining Corporation, a mineral explorer focused on highly prospective and underexplored areas of Northern Quebec. RNC has a strong management team and Board with over 100 years of mining experience.
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