Wiluna Suspends Concentrate Shipments to Russia
Perth, Mar 4, 2022 AEST (ABN Newswire) - Wiluna Mining Corporation Limited (
ASX:WMC) (NZ3:FRA) (WMXCF:OTCMKTS) announces that, in light of the current military action in Ukraine, it will immediately suspend shipments of gold concentrate from its Wiluna Mining Centre to Russia.
During this period, Wiluna has arrangements in place to sell and ship all its concentrate to alternative destinations. We will continue to monitor the situation in Ukraine and any sanctions imposed on the Russian Federation before making further decisions on the destination of its product.
About Wiluna Mining Corporation Ltd
Wiluna Mining Corporation (ASX:WMC) (OTCMKTS:WMXCF) is a Perth based, ASX listed gold mining company that controls over 1,600 square kilometres of the Yilgarn Craton in the Northern Goldfields of WA. The Yilgarn Craton has a historic and current gold endowment of over 380 million ounces, making it one of most prolific gold regions in the world. The Company owns 100% of the Wiluna Gold Operation which has a defined resource of 8.04M oz at 1.67 g/t au. In May 2019, a new highly skilled management team took control of the Company with a clear plan to leverage the Wiluna Gold Operation's multi-million-ounce potential.
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