Mt Morgans maintains momentum

DACIAN Gold’s new Mt Morgans operation in Western Australia has performed to plan in the September quarter.

Mt Morgans maintains momentum Mt Morgans maintains momentum Mt Morgans maintains momentum Mt Morgans maintains momentum Mt Morgans maintains momentum

The Jupiter pit at Mt Morgans

After a strong first quarter that saw Mt Morgans produce 34,155 ounces of gold, the fledgling operation delivered 29,316oz in the September quarter.

The higher June quarter production was due to the inclusion of previously mined stockpiles.

Aside from a slight drop in underground grade, all other metrics improved for the September quarter including mining and milling rates, and recoveries.

The September quarter result keeps Dacian on track to meet its 2019 financial year guidance of 180,000-210,000oz of gold.

Dacian executive chairman Rohan Williams added that the company was on track to reach commercial production by the end of the year.

"We are planning on delivering successive quarterly production increases throughout FY19 and maintain our p...

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