Financial Wire

Polymetals Resources Ramps Up Mining, Processing at New South Wales Silver-Zinc Mine, Shares Up 13%

-- Polymetals Resources (ASX:POL) said it produced 547,302 ounces of silver, 1.9 million tonnes of zinc, and 1,064 ounces of gold at the Endavour silver-zinc mine in New South Wales as it ramps up mining and processing performance, according to a Tuesday Australian bourse filing.

A total of 59,264 tonnes of Main Lode ore was mined and processed in January and February, with mill maintenance conducted over March.

It added that 18,384 dry metric tonnes of high-grade direct shipping ore from the Upper North Lode were mined during the March quarter, and the first 5,500-tonne parcel was readied for shipment in April.

Its shares climbed 13% in recent trading on Tuesday.

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