3rd Quarter Results
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Third Quarter Production Results
12th October 2023
Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce production results for the three months to the 30th September 2023.
| 3 months to 30 th September 2023 | 3 months to 30 th June 2023 | 3 months to 30 th September 2022 | ||
|---|---|---|---|---|
| Ore mined | Tonnes | 363,406 | 366,762 | 267,304 |
| Ore processed | Tonnes | 367,024 | 372,804 | 309,465 |
| Zinc in concentrate Produced | Tonnes | 12,839 | 14,130 | 11,591 |
| Gold in concentrate produced | Ozs | 3,950 | 3,237 | 3,080 |
| Silver in concentrate produced | Ozs | 69,707 | 82,829 | 85,612 |
| Lead in concentrate produced | Tonnes | 284 | 468 | 373 |
| Average zinc price received per tonne | USD | 1,782 | 1,862 | 2,292 |
| Average gold price received per oz | USD | 1,900 | 1,851 | 1,661 |
| Average silver price received per oz | USD | 19.3 | 19.3 | 15.7 |
| Average lead price received per tonne | USD | 2,514 | 2,251 | 2,097 |
Overview
Production has been maintained at the Caijiaying Mine at an annualised equivalent rate of circa 1.5 million tonnes of ore mined and processed, all of which has been extracted from Zone III.
Zone II development work is ongoing including a new third portal, development of the decline and extension of the new South Ventilation Shaft.
Chairman Mladen Ninkov commented, "Another solid quarter of production with thanks to all the Company's officers, employees and contractors."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.