Company News Summary
Hillgrove Resources Announces Increase in Kanmantoo Life of Mine
Original announcement: Significant Increase in Kanmantoo Life of Mine
Hillgrove Resources announced that an updated Life of Mine Plan (LOM) for the Kanmantoo Copper Mine has been completed, as part of recent submissions to the financing banks for the project. LOM Production Target of 30-32Mt @ 0.7-0.8% Cu containing approx. 190k tonnes of recoverable copper (based on Ore Reserves, Mineral Resources & Exploration Targets). Ore processing throughput targeted to increase from 2.4Mtpa to 2.8Mtpa during Q2 2013.
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