🕐02.08.13 - 07:54 Uhr

HILLGROVE RESOURCES LIMITED [HGO] - UPDATE ON NEW MINING SERVICES PLAN AT KANMANTOO





Fortbridge Media Release

HILLGROVE RESOURCES LIMITED [HGO] - Update on New Mining Services Plan at Kanmantoo

Hillgrove Resources Limited (ASX:HGO) advises that Hillgrove Resources Limited (ASX:HGO - �Hillgrove�) advises that it is well advanced implementing the initial stages of new mining services at the Kanmantoo Copper Mine (Kanmantoo).

In summary:
� The new mining services will comprise a combination of specialist contractors for drilling and blasting and Hillgrove personnel operating other mobile mining equipment;
� The initial mining fleet is now arriving on site, with the first production excavator already running and in the final stages of commissioning, and the second excavator under construction on site;
� Pit drilling is underway and mining will commence within the next few days, building up to targeted mining rates in less than six weeks, subject to final negotiation and approvals of long term contracts;
� Copper production has continued and mill and process operations using stockpiled ore are running to the revised plan;
� Based on the scheduled mining ramp up, revised production for the year to end January 2014 is 16,500 to 18,000 tonnes copper;
� Lower copper production is offset by lower expenditure incurred during the transition period.

Please view the attached announcement for further information and contact details.








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