Monty development progressing on schedule

SANDFIRE Resources has reported strong mine production and milling rates for the December quarter, maintaining FY18 guidance at between 63,000 tonnes and 66,000t copper and between 35,000 ounces and 38,000oz of gold.

Bulk earthworks and civils were substantially completed at the new Monty development with surface infrastructure progressing on schedule and the Monty decline advanced to 346m at quarter-end – well ahead of the budget of 286m.

First ore from Monty is on track to be delivered in Q2 FY19.