Tribune Resources N.L.

Published : May 11th, 2015

April Production Report

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Keywords :   Gold | Recovery | Report | Silver |

April Production Report

Microsoft Word - 2015-0511 Tbr Month Apr 15 Production.doc

Monthly Production Report

April 2015

Highlights

ASX ANNOUNCEMENT

11 May 2015

Tribune Resources Ltd.advises the following for the month of April 2015:

Australian Securities

Exchange Code: TBR

Board of Directors:

Mr Otakar Demis

Chairman and Joint Company

Secretary

Mr Anton Billis

Managing Director

Mr Gordon Sklenka

Non-Executive Director

Mrs Lyndall Vaughan

Joint Company Secretary

Suite G1, 49 Melville Parade

South Perth WA 6151

T: +61 8 9474 2113

F: +61 8 9367 9386

E: [email protected]
W: www.tribune.com.au

ABN: 11 009 341 539

4,124.995 oz of gold and 774.724 oz of silver were credited to Tribune's Bullion Account from processing EKJV ore

52,980 tonnes of EKJV ore were milled at Kanowna Belle

EKJV mine claimed production of 66,432 tonnes at an average grade of

8.5 g/t.

Processing of EKJV ore at Kanowna Belle

Provisional

Month

April 2015

Ore processed (t)

52,980

Grade (g/t)

7.4

Recovery (%)

96.1

Gold recovered (oz)

12,137

Silver recovered (oz)

2,094

Tribune's share of gold

4,474

MINE CLAIMED PRODUCTION

Raleigh

Rubicon

& Hornet

Pegasus

Total

Ore

t

5,125

42,298

19,009

66,432

Grade

g/t Au

15.0

9.3

5.0

8.5

Gold

oz

2,476

12,642

3,091

18,209

Tribune's

Entitlement

oz

929

4,646

1,136

6,710

%

37.50

36.75

36.75

MINE OPERATING COSTS

Unit Cost*

Raleigh

Rubicon & Hornet

Pegasus

Total

$/t ore

247

40

84

69

$/oz gold

511

133

517

250

* based on Mine Claimed Production

End of Month Status

Raleigh - Production

Development of the Skinners structure is hidden

Pegasus, Rubicon, Hornet - Development and Production

green indicates new developments - stopes are displayed only after reconciliation

TRIBUN E RESOURCES LTD ASX ANNOUNCEMENT | 11 MAY 2015 2

MINE DEVELOPMENT

Raleigh

Rubicon

&Hornet

Pegasus

Total

Capital

Decline

m

0.0

109.4

114.3

223.7

Secondary

m

0.0

100.4

107.5

207.9

Operating

Waste

m

0.0

11.0

0.0

11.0

Ore

m

67.6

182.7

307.9

558.2

Paste Fill

m

0.0

42.0

0.0

42.0

End of month position

RL (m)

below surface (m)

Raleigh Decline

bottom

5618

727

Rubicon Decline

bottom

5991

352

Hornet Incline

top

6244

99

Hornet Decline

bottom

5841

502

Pegasus Incline

top

6169

174

Pegasus Decline

bottom

6067

276

End of month EKJV STOCKPILES ESTIMATES

ROM pad

Ore Source

Ore

Grade

t

g/t Au

Raleigh

Raleigh

2,594

15.6

Rubicon

Rubicon & Hornet

34,026

9.7

Pegasus

Pegasus

6,307

4.7

Kanowna Belle

Raleigh

1,419

15.5

Kanowna Belle

Rubicon & Hornet

23,587

9.0

Kanowna Belle

Pegasus

22,653

5.1

For further information please contact:

Lyndall Vaughan

E: [email protected]

Ph: +61 8 9474 2113


TRIBUN E RESOURCES LTD ASX ANNOUNCEMENT | 11 MAY 2015 3

Read the rest of the article at www.noodls.com

Tribune Resources N.L.

CODE : TBR.AX
ISIN : AU000000TBR5
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Tribune Res. is a gold exploration company based in Australie.

Tribune Res. is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 225.0 millions as of today (US$ 146.2 millions, € 136.6 millions).

Its stock quote reached its lowest recent point on August 13, 2010 at AU$ 1.00, and its highest recent level on September 13, 2019 at AU$ 8.90.

Tribune Res. has 50 000 000 shares outstanding.

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Corporate news of Tribune Resources N.L.
11/2/2015Quarterly EKJV Exploration Results
10/8/2015Notice of Annual General Meeting/Proxy Form
9/14/2015Appendix 3C
9/14/2015On Market Share Buy-Back
8/19/2015EKJV Exploration Report - June 2015 Quarter
4/14/2015Notice of Meeting - Removal of Auditor
4/7/2015End of Year Resource 2014 for Raleigh and Hornet-Rubicon
3/20/2015ASIC Media Release -Tribune Resources Limited corrects error
1/30/2015Cancellation of 97,786 shares as part of Share Buy-Back
1/9/2015December Production Report
1/8/2015Cancellation of 41,470 shares as part of Share Buy-Back
1/8/2015Cancellation of 66,947 shares as part of Share Buy-Back
3/6/2014Pegasus Drilling Results
3/3/2014Disruption to Raleigh Mine Production
1/10/2014Change in substantial holdings from RND
1/9/2014Change of Director's Interest Notice - G Sklenka
1/8/2014Change of Director's Interest Notice x 3
11/29/2013Results of Meeting
11/13/2013Market Update - East Kundana Joint Venture
6/18/2013Daily share buy-back notice - Appendix 3E
12/17/2008Campaign 9 ResultsReceived: from phpmailer ([202.74.164.44])
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