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introduced providing more accurate definition of ore grade boundaries. 

The low cost development of the small scale Buck Reef West underground mine has led to ongoing definition of economically mineable resources. 

For the period the plant treated 1.7Mt of ore at a head grade of 1.25g/t. 

Minor de-bottlenecking has taken place increasing throughput capacity to 5.5Mtpa. 

Plant availability during the period improved but the gold recovery rate has been lower than anticipated. This is mainly due to the poorer leaching characteristics of the transition ore from the western cutback area of the Sarsfield pit, and the limited residence in the leaching plant. This area of the pit has now been mined down to the primary ore zone. 

The management structure and manning of the operation has been overhauled resulting in a significant reduction in overhead costs. 

<img src='content_image/122427.jpg'>

<img src='content_image/122426.jpg'>

<img src='content_image/122425.jpg'>

## Outlook 

During the coming year the new pit design, mining schedule and improvements in mining fleet efficiencies will be fully implemented. In-fill drilling of the Sarsfield pit will be undertaken to further enhance the resource model and identify economic mineable underground resources below the previously mined open cut Nolans pit, adjacent to Sarsfield. 

Trials will be undertaken to develop an economic process for the currently stockpiled low-grade ore that has the potential to increase total ounces recovered over the life of the project. 

