New Century Resources Limited Announces Operating Results for the Quarter Ended September 2019; Provides Operating Guidance for the Year 2019
October 07, 2019 at 06:42 pm EDT
New Century Resources Limited announced operating results for the quarter ended September 2019. Overall zinc metal output increased by 28% during the September quarter, with 26,171t of zinc metal produced in 53,500t of concentrate grading 49.0% zinc (compared to 20,450t zinc metal in 42,500t of concentrate at 48.1% zinc during the March quarter). Silver content of 150g/t in concentrate remained in line with previous quarter.
The company maintain existing December 2019 quarter guidance of 27,000t 33,000t zinc metal at C1 costs of USD 0.87/lb USD 0.98/lb payable zinc metal including treatment charges.