Lachlan Star Limited
TSX : LSA
ASX : LSA

Lachlan Star Limited

May 28, 2013 07:30 ET

Lachlan Star Provides Operational Update

PERTH, WESTERN AUSTRALIA--(Marketwired - May 28, 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 April and May.

Highlights include:

  • 4,462 ounces of gold produced in April
  • Estimated gold production for May of 5,700 to 6,000 ounces, which will be a record under the Company's ownership
  • Chisperos pit mined ore grade for May at 1.06 g/t Au
  • Owner mining fleet continues to perform above forecast production levels

Gold Production

Gold production has increased markedly over the course of 2013 (as seen in Figure 1), with estimated production for May to be in the range of 5,700 to 6,000 ounces. The May production will be a record high under the Company's ownership and last weeks gold pour the highest weekly pour since July 2008.

The slower gold recovery seen in January and February has been rectified and gold production is now running above forecast levels.

To view the full announcement please click the link below: http://www.lachlanstar.com.au/images/130528LSAOperationsUpdate_Final.pdf

ABN: 88 000 759 535

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