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Perilya’s positive report

PERILYA Limited has reported high-grade intercepts on two of its base metal tenements in South Australia and Malaysia, with exploration underpinned by record gold production from its Fortnum underground gold mine in Western Australia.

In its June quarterly, the company reported production of 22,607 ounces of gold to combine with an annual total of 93,294oz of gold.

Production came from the treatment of 835,150 tonnes of ore, mined at the depth extensions of its Starlight and Twilight ore bodies, at an average grade of 3.06 grams/tonne gold at a cash operating cost of $325/oz.

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