Lachlan Star North American Roadshow May 2014
15.05.2014 | Marketwire
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESPERTH, WESTERN AUSTRALIA -- (Marketwired - May 15, 2014) - Perth, Western Australia: Gold miner, Lachlan Star Limited ("Lachlan Star" or the "Company") (ASX:LSA)(TSX:LSA) is pleased to provide its North American roadshow presentation.
Corporate Strategy Overview
Present - Delivering on cost reduction and production
- Lower total cash operating cost - ~US$1,000/Oz
- Higher production profile - ~70,000 Au Oz pa
- Owner mining operation, higher productivities and higher efficiencies in all areas
- Crushing & stacking delivering 16,000 tpd
- Higher current gold inventory on leaching pads
Future - Resilient cost structure and production growth
- Bring total cash operating costs below
- Maintain or improve further productivities and efficiencies site wide
- Crushing & stacking delivering 17,000 tpd
- Increase current gold inventory on leaching pads
- Develop UG mine projects (higher grades); and exploration potential
- Increase 3rd party ore purchases to increase plant utilization
To view the full announcement please click the link below:
http://www.lachlanstar.com.au/images/LSA_NorthAmerica_RoadShow_May2014.pdf
CONTACT INFORMATION
Lachlan Star Limited
Michelle McAuliffe
+61(8) 9481 6006
michelle.mcauliffe@lachlanstar.com.au
www.lachlanstar.com.au