Pembridge Resources - Replacement Minto Operation Update for Q1 2020
The 'Minto Operation update for Q1 2020' announcement released on
All material details remain unchanged.
The full text is shown below.
Minto Operation Update for Q1 2020
· 6,975 wet metric tonnes (Q4 2019: 7,167 wet metric tonnes) of concentrate was produced during the first quarter of 2020
· Payments of
· 14,142 wet metric tonnes of concentrate have been transported from the mine to the port at Skagway, ready to be shipped - this represents all concentrate production from Q4 2019 and Q1 2020.
The receipts of
"These results are encouraging in the context of severe winter conditions and the impact of the COVID-19 virus on both the copper price and staff movements. Although the quarantine restrictions are affecting operations, they are a necessary measure that should enable the mine to continue operating safely as long as Yukon Government regulations permit this and the safety of all staff working at the mine is not compromised."
NOTES TO EDITORS
Pembridge is a mining company that is listed on the standard segment of the Official List of the
Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board
David James, Chief Financial Officer
This information is provided by RNS, the news service of the
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