KBL Mining Ltd (ASX:KBL) is an Australian resource Company listed on the ASX with a focus on producing precious and base metals. KBL's main assets include the Mineral Hill copper-gold-silver-lead-zinc mine near Condobolin in New South Wales and Sorby Hills lead-silver-zinc project in Western Australia. The Company has been operating the refurbished processing plant at Mineral Hill since October 2011 to produce copper-gold concentrates and in 2013 commenced producing a separate lead-silver concentrate. Sorby Hills (KBL holds 75% with Henan Yuguang Gold & Lead Co. Ltd (HYG&L) holding 25%) is a large near surface undeveloped silver-lead deposit close to port infrastructure and a short distance from Asian markets.
KBL Mining Ltd
ASX:KBL ISIN:AU000000KBL7
News
KBL Mining Limited (ASX:KBL) is pleased to announce optimisation of the Mineral Hill process plant performance has allowed gold production targets to be exceeded during April with a coincident increase in plant throughout and decrease in unit costs.
KBL Mining Limited (ASX:KBL) refers to the announcements on 4 March 2016 and 6 April 2016 whereby the Company advised that it had entered into a convertible note arrangement with a professional investor under which it has received to date a total $810,000 upon closing in return for the issue of convertible securities with a face value of $910,000.
KBL Mining Limited (ASX:KBL) is pleased to advise that the Company's new website is now active.
KBL Mining Ltd (ASX:KBL) are pleased to provide the Company's quarterly activities report and announce a record gold and silver production at Mineral Hill.
KBL Mining Limited (ASX:KBL) (FRA:XKI) is pleased to announce recent diamond and reverse circulation drilling has intersected high grade gold mineralisation at Pearse North, less than 200 metres from the currently operating Pearse Open Cut at the Mineral Hill Mine.
Further to the announcemet dated 6 April 2016 KBL Mining Limited (ASX:KBL) advises that it has today issued a total of 2,341,667 Ordinary Shares and one (1) Convertible Note with a face value of $410,000 pursuant to the announcement dated 6 April 2016.
KBL Mining Limited (ASX:KBL) is pleased to announce recent diamond and reverse circulation drilling has intersected high grade gold mineralisation at Pearse North, less than 200 metres from the currently operating Pearse Open Cut at the Mineral Hill Mine.
KBL Mining Limited (ASX:KBL) refers to the announcement on 4 March 2016 whereby the Company advised that it had entered into a convertible note arrangement with a professional investor under which it received $450,000 upon closing in return for the issue of a convertible security with a face value of $500,000.
KBL Mining Limited (ASX:KBL) is pleased to announce that the remaining works required to allow the Mineral Hill processing plant to reach throughput rates of up to 40 tonnes per hour in the flotation and CIL circuit, have now been completed.
KBL Mining Limited (ASX:KBL) is pleased to announce the application for a Mining Lease over the Pearse North deposit adjacent to the operating Pearse open cut gold mine. The addition of a new Mining Lease will also provide for further development opportunities along the highly prospective Pearse gold corridor.
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