Highlights:
• In H1 2021, total hard rock gold production was 446.3 kg (14,349 oz), compared to 521 kg (16,750 oz) in H1 2020, a decrease of 14%, or 74.7 kg (2,401 oz), but in line with the 2021 production plan;
• H1 2021 gold sales were 391.8 kg (12,598 oz), compared to 537 kg (17,249 oz) in H1 2020, a decrease of 145.2 kg (4,651 oz), or 28%;
• 206.9 thousand tonnes of ore was processed with an average grade of 2.24 g/t;
• The CIL plant was operating at the targeted throughput rate of 50 tonnes per working hour (>50 t/hour) and at the higher recovery rate of 92.9%;
• H1 2021 159 thousand tonnes of ore was mined compared to 151 thousand tonnes in H1 2020 an increase of 8 thousand tonnes or 5%. Stripping volume in H1 2021 was 773.8 thousand m3 (+344.8 thousand m3, or 80% more than in the H1 of 2020);
• The average grade in H1 2021 was 2.27 g/t, compared to 2.46 g/t in H1 2020, a decrease of 7.8%. The mined average grade corresponds to the Company’s targets.
Production
Production unit | H1 2021 | H1 2020 | Change | ||||
kg | oz | kg | oz | kg | oz | % | |
Hard rock | |||||||
Tardan (CIL) | 446.3 | 14,349 | 521 | 16,750 | -74.7 | -2,401 | -14.4% |
Alluvial | |||||||
Solcocon | 8.6 | 0,277 | - | - | 8.6 | 0,277 | 100% |
Total gold produced | 454.9 | 14,626 | 521 | 16,750 | -66.1 | -2,124 | -12.7% |
Tardan
Unit | H1 2021 | H1 2020 | Change | ||
Mining | |||||
Waste stripping | 000 m3 | 773.8 | 429 | 344.8 | 80.4% |
Ore mined | 000 tonnes | 159.0 | 151 | 8 | 5.3% |
Gold in Ore | kg | 361.5 | 372 | -10.5 | -2.9 |
Average grade | g/t | 2.27 | 2.46 | -0.19 | -7.8% |
CIL | |||||
Ore processing | 000 tonnes | 206.9 | 196 | 10.9 | 5.6% |
Grade | g/t | 2.24 | 2.87 | -0.63 | -22% |
Gold in ore processing | kg | 462.8 | 561 | -98.2 | -17.5% |
Gold produced CIL | kg | 446.3 | 521 | -74.7 | -14.4% |
Incl Gold in WIP (Dec 2020) | kg | 26.7 | |||
Gold in WIP (June 2021) | kg | 10.2 | |||
Recovery | % | 92,9% | 92.9% | - | - |
Warehouse on June 30 | |||||
Ore | 000 tonnes | 50 | 64 | -14 | -21.9% |
Grade | g/t | 2.00 | 1.95 | 0.05 | 2.6% |
For more information please contact:
Danilo Lange, CEO
Tel: +7 495 109 02 82
E-mail: d.lange@auriant.com
Company name: Auriant Mining AB Short name: AUR
ISIN-code: SE0001337213
Website: www.auriant.com
www.facebook.com/AuriantMining/
Auriant Mining AB (AUR) is a Swedish junior mining company focused on gold exploration and production in Russia, primarily in Zabaikalye and the Republics of Khakassia and Tyva. The company has currently four assets, including two operating mines (Tardan and Solcocon), one early stage exploration asset and one development asset.
Since July 19, 2010, Auriant Mining´s shares are traded on Nasdaq First North Premier Growth Market under the short name AUR. For more information please visit www.auriant.com. Mangold Fondkommission is Certified Adviser to Auriant, for more information please call +46 8 503 015 50, e-mail CA@mangold.se or visit www.mangold.se.