Microsoft Word - 2015-0315 Rnd Month Mar 15 Production ja.doc
The Listing Manager April 13, 2015
Australian Securities Exchange
Level 4
20 Bridge Street
SYDNEY NSW 2000
Monthly Production Report for March 2015
Rand Mining Ltd. advises the following for the month of March 2015:
1,654.466 oz of gold and 301.823 oz of silver were credited to Rand's Bullion Account from processing EKJV ore
50,822 tonnes of EKJV ore were milled at Kanowna Belle
EKJV mine claimed production of 63,085 tonnes at an average grade of 9.0 g/t.
|
Processing of EKJV ore at Kanowna Belle
|
|
Provisional
|
|
Month
|
Mar 2015
|
|
Ore processed
|
50,822
|
|
Grade
|
8.4
|
|
Recovery
|
95.2
|
|
Gold recovered (oz)
|
13,104
|
|
Silver recovered (oz)
|
2,290
|
|
Rand's share of gold
|
1,607
|
|
MINE CLAIMED PRODUCTION
|
|
Raleigh
|
Rubicon & Hornet
|
Pegasus
|
Total
|
|
Ore
|
t
|
5,939
|
37,724
|
19,442
|
63,085
|
|
Grade
|
g/t Au
|
9.1
|
9.9
|
7.1
|
9.0
|
|
Gold
|
oz
|
1,756
|
12,073
|
4,465
|
18,293
|
|
|
|
Rand's Entitlement
|
oz
|
219
|
1,479
|
546
|
2,245
|
|
%
|
12.50
|
12.25
|
12.25
|
|
MINE OPERATING COSTS
|
|
Unit Cost*
|
Raleigh
|
Rubicon & Hornet
|
Pegasus
|
Total
|
|
$/t ore
|
81
|
95
|
37
|
76
|
|
$/oz gold
|
275
|
297
|
162
|
262
|
* based on Mine Claimed Production
End of Month Status Raleigh - Production
Pegasus, Rubicon, Hornet - Development and Production
green indicates new developments - stopes are displayed only after reconciliation
|
MINE DEVELOPMENT
|
|
Raleigh
|
Rubicon &Hornet
|
Pegasus
|
Total
|
|
Capital
|
Decline
|
m
|
0.0
|
85.7
|
108.0
|
193.7
|
|
Secondary
|
m
|
0.0
|
108.0
|
171.4
|
279.4
|
|
Operating
|
Waste
|
m
|
0.0
|
0.0
|
0.0
|
0.0
|
|
Ore
|
m
|
50.2
|
204.5
|
183.6
|
438.3
|
|
Paste Fill
|
m
|
0.0
|
30.0
|
0.0
|
30.0
|
|
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
|
5854
|
489
|
|
Pegasus Incline
|
top
|
6160
|
183
|
|
Pegasus Decline
|
bottom
|
6075
|
268
|
|
End of month EKJV STOCKPILES ESTIMATES
|
|
ROM pad
|
Ore Source
|
Ore
|
Grade
|
|
t
|
g/t Au
|
|
Raleigh
|
Raleigh
|
6,098
|
8.9
|
|
Rubicon
|
Rubicon & Hornet
|
10,245
|
10.1
|
|
Pegasus
|
Pegasus
|
7,893
|
7.1
|
|
Kanowna Belle
|
Raleigh
|
‐
|
‐
|
|
Kanowna Belle
|
Rubicon & Hornet
|
34,794
|
10.9
|
|
Kanowna Belle
|
Pegasus
|
17,975
|
4.9
|
For further information please contact:
Roland Berzins
E: [email protected]
Ph: +61 8 9474 2113