中文译文生成中，先为你显示原文。
Polymetals Resources has lifted ore processing at its Endeavor mine in New South Wales by almost 80 per cent, as improvements in underground productivity drive a recovery in silver, zinc and lead production.
The company processed 40,790 tonnes of ore during October, a 79.1 per cent increase on the September quarter monthly average of 22,778 tonnes.
Silver production rose 19.7 per cent to 91,905 ounces, while zinc output increased 58.8 per cent to 907 tonnes and lead production climbed 69.6 per cent to 648 tonnes.
Polymetals executive chairman Dave Sproule said the improvement was due to the introduction of additional underground mining labour.
“The introduction of underground contract labour through RND Resources at Endeavor has increased productivity with October ore processed up +79 per cent to 40,790 tonnes compared to the monthly September quarter average,” Sproule said.
The workforce transition was approximately 77 per cent complete by the end of October, with contractor personnel working alongside retained Polymetals employees. The company expects the transition to be completed by the end of 2026.
Development of the high-grade upper main lode also progressed during October, with 84.5m of lateral development completed following the commencement of work on 9 October.
Polymetals expects ore mined during November to come almost entirely from its high-grade upper lodes, supporting a forecast improvement in silver, zinc and lead grades.
Despite the increase in metal production, October’s processed ore grades were lower than the September quarter averages, reflecting the blending of remaining main lode stope ore with material from the upper north lode.
The company has maintained December quarter guidance of 105,000–115,000 tonnes of ore processed and more than 350,000 ounces of silver produced.
Exploration activity also increased, with 3812m of drilling completed during October across near-mine and regional targets in the Northern Cobar Basin.
Polymetals recently secured an additional $US10 million working capital facility with offtake partner Ocean Partners, bringing its total facility to $US20 million. The company had drawn $US11.3 million from the facility by the end of October.
”We remain laser-focused on increasing productivity and cash flow where the continued development and mining of the high-grade upper lodes has the December quarter shaping up as forecast,” Sproule said.
”Exploration, both near mine and regionally, is also progressing well. The team is well-resourced and managed with a keen focus on near-term discovery.”
Subscribe to Australian Mining and receive the latest news on product announcements, industry developments, commodities and more.