Lachlan Star Limited
ASX : LSA
TSX : LSA

Lachlan Star Limited

July 08, 2013 07:30 ET

Lachlan Star Announces a 48% Increase in Quarter on Quarter Gold Production

PERTH, WESTERN AUSTRALIA--(Marketwired - July 8, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Gold miner, Lachlan Star Limited ("Lachlan Star" or the "Company") (ASX:LSA)(TSX:LSA) is pleased to provide the following operational update for the June quarter. Highlights include:

  • Gold production increased 48% quarter on quarter to 16,160 ounces of gold in the June quarter, a record under the Company's ownership;
  • Gold stacked increased 16% quarter on quarter to 20,751 ounces in the June quarter, a record under the Company's ownership;
  • Stacked grade increased by 5% quarter on quarter to 0.52 g/t Au;
  • Mined ore grade increased by 19% quarter on quarter to 0.58 g/t Au;
  • Average stacking rate in the month of June increased to over 15,671 tpd with 470,141 tonnes of ore stacked, a record under the Company's ownership;
  • Waste to ore ratio reduced by 8% quarter on quarter to 2.49:1, the lowest under the Company's ownership;
  • Total mining movement reduced by 19% quarter on quarter.

To view the full announcement, please click the link below:

http://www.lachlanstar.com.au/images/LSAOperationsUpdate130708.pdf

ABN: 88 000 759 535

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