15 May 2017
5/15/2017
TORONTO--(BUSINESS WIRE)-- TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) is filing its First Quarter 2017 Financial Statements and Management’s Discussion & Analysis for the interim period ended March 31, 2017. The documents may be found on the Company’s website at www.tmacresources.com or, once filed, on SEDAR at www.sedar.com. Please read this news release in conjunction with them.
Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, “The first quarter of 2017 was transformational for TMAC with significant advancements in both mining and processing at Doris. We continued mine development as planned and we poured and sold our first gold. The underground mining and mine development produced more ore during the quarter than was processed. As a result, haulage of ore to surface was slowed as the surface stockpiles reached their storage capacity. However, longhole stope drilling stayed on plan with about one month’s mine production pre-drilled and ready for blasting, mucking and haulage to surface when the processing plant throughput warrants it. Mine development at Doris North is essentially complete for all mining planned above the diabase dyke in 2017 and 2018 and mine development of the BTD zone continues as planned.”