14 June 2018
TMAC Resources Inc. released results for May to provide transparency on the first month of the processing plant’s performance after the installation of a Falcon SB400 in the primary grinding circuit of the North Concentrator Line. In addition, the company is reporting on the start-up in June of the South Concentrator Line, recent exploration results at Doris and Madrid and the strengthening of the TMAC balance sheet.
May Plant Performance:
For the month of May, gold recovery increased to 83%, an improvement from 76% in April and 71% in the first quarter, on processing 28,900 tonnes at an average ore grade of 12.7 grams per tonne (“g/t”) resulting in record gold production of 9,850 ounces and record gold pours of 10,108 ounces. Gold production in May was 28% better than the previous best month of November 2017, despite that comparable month benefiting from 22% higher grade. The amount of gold poured in May was 49% higher than the previous best month of December 2017.