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Strandline Resources (ASX: $STA) achieves record Coburn production

Strandline Resources (ASX: $STA) Update on Coburn Mineral Sands Project


Strandline Resources Limited (ASX: $STA) has reported a record production of 16,267 dry tonnes of Heavy Mineral Concentrate (HMC) in May 2024 at the Coburn Mineral Sands Project. The production levels in March, April, and May 2024 have exceeded the forecast levels, and the Mineral Separation Plant (MSP) trial commenced on 6 June 2024.

Executive Commentary on Operational Update


Strandline Managing Director Jozsef Patarica expressed, 'The record HMC May 2024 production levels and continuous improvement to our HMC quality is a testament to the entire Strandline team together with our contracting partners and service providers. We remain focused on delivering our operational improvement programs as we continue to increase production over coming months.'

Summary of Strandline Resources Announcement


Strandline Resources (ASX: $STA) has achieved record production levels at the Coburn Mineral Sands Project, with a focus on improving Heavy Mineral Concentrate (HMC) quality. The company's strategic efforts have resulted in exceeding forecast levels and the commencement of the Mineral Separation Plant (MSP) trial. The ongoing operational and funding requirements review is in progress, and the company's shares will remain suspended until further important information becomes available. The forward-looking statements in the announcement caution readers about the uncertainties and risks involved in the business's future performance.

STRANDLINE RESOURCES LIMITED
STA | ASX | Materials
0.0950(+0%)
At close 05/07 (AEDT)
Market cap
$-1
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.285
1YR Return
437.33%

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