Microsoft Word - 2015-0309 Rnd Month Feb 15 Production ja.doc
The Listing Manager 12 March 2015
Australian Securities Exchange
Level 4
20 Bridge Street
SYDNEY NSW 2000
Monthly Production Report for February 2015
Rand Mining Ltd, advises the following for the month of February 2015:
1,934.717 oz of gold and 403.869 oz of silver were credited to Rand's Bullion Account from processing EKJV ore
67,749 tonnes of EKJV ore were milled at Kanowna Belle
Mine production of 52,900 tonnes at an average grade of 6.8 g/t.
|
Processing of EKJV ore at Kanowna Belle
|
|
Month
|
Provisional Feb 2015
|
|
Ore processed
|
67,749
|
|
Grade
|
7.8
|
|
Recovery
|
96.2
|
|
Gold recovered (oz)
|
16,334
|
|
Silver recovered (oz)
|
3,374
|
|
Rand's share of gold
|
2,008
|
|
MINE CLAIMED PRODUCTION
|
|
Raleigh
|
Rubicon & Hornet
|
Pegasus
|
Total
|
|
Ore
|
t
|
4,664
|
35,161
|
13,075
|
52,900
|
|
Grade
|
g/t Au
|
8.8
|
7.8
|
3.2
|
6.8
|
|
Gold
|
oz
|
1,333
|
8,877
|
1,374
|
11,584
|
|
|
|
Rand's Entitlement
|
oz
|
166
|
1,087
|
168
|
1,422
|
|
%
|
12.50
|
12.25
|
12.25
|
|
MINE OPERATING COSTS
|
|
Unit Cost*
|
Raleigh
|
Rubicon & Hornet
|
Pegasus
|
Total
|
|
$/t ore
|
106
|
101
|
31
|
84
|
|
$/oz gold
|
371
|
401
|
298
|
385
|
* based on Mine Claimed Production
End of Month Status
Raleigh - Production
Pegasus, Rubicon, Hornet - Development and Production
(Note: green indicates new developments)
|
MINE DEVELOPMENT
|
|
Raleigh
|
Rubicon &Hornet
|
Pegasus
|
Total
|
|
Capital
|
Decline
|
m
|
‐
|
109.9
|
141.8
|
251.7
|
|
Secondary
|
m
|
‐
|
6.0
|
119.4
|
125.4
|
|
Operating
|
Waste
|
m
|
‐
|
‐
|
‐
|
‐
|
|
Ore
|
m
|
18.4
|
244.9
|
145.8
|
409.1
|
|
Paste Fill
|
m
|
6.0
|
54.0
|
0.0
|
60.0
|
|
END OF MONTH POSITION
|
|
RL (m)
|
below surface (m)
|
|
Raleigh Decline
|
bottom
|
5618
|
727
|
|
Rubicon Decline
|
bottom
|
5999
|
344
|
|
Hornet Incline
|
top
|
6244
|
99
|
|
Hornet Decline
|
bottom
|
5861
|
482
|
|
Pegasus Incline
|
top
|
6155
|
188
|
|
Pegasus Decline
|
bottom
|
6083
|
260
|
|
END OF MONTH EKJV STOCKPILES ESTIMATES
|
|
ROM pad
|
Ore Source
|
Ore
|
Grade
|
|
t
|
g/t Au
|
|
Raleigh
|
Raleigh
|
4,380
|
8.5
|
|
Rubicon
|
Rubicon & Hornet
|
6,445
|
8.6
|
|
Pegasus
|
Pegasus
|
5,681
|
4.7
|
|
Kanowna Belle
|
Raleigh
|
‐
|
‐
|
|
Kanowna Belle
|
Rubicon & Hornet
|
37,958
|
7.9
|
|
Kanowna Belle
|
Pegasus
|
7,268
|
2.9
|
For further information please contact:
Roland Berzins
E: [email protected]
Ph: +61 8 9474 2113