Wednesday June 18, 2025
Volume 40 No. 21
$2 inc. GST
The Cobar Weekly $10,000 grant for Cobar Weekly Pg 2
Momentous day for Murdi Paaki Pg 3
Macquarie Home Stay expansion plans Pg 5
Production is underway at Endeavor
Polymetals Resources announced on to meet planned output during the second half the second half of 2025. Diamond drilling also continues in the CarMonday that commercial production is of 2025. now underway at its Endeavor silver zinc The processing ore on surface stockpiles is park prospect targeting southern extensions to mine. being milled on a continuous basis and com- the Main Lode. Polymetals Executive Chairman Dave missioning of the surface milling operation is “The Board is very pleased with how Endeavor’s General Manager, Matt Gill and his Sproule said their redevelopment activities to proceeding to plan. bring the Endeavor Mine back to life over the Mr Sproule said the production of silver- team have shepherded the project to producpast nine months at a modest cost have been lead and zinc concentrates is well underway. tion and look forward to delivering for our both challenging and rewarding for all in- Site activities remain on schedule to be pro- shareholders and the Cobar region over a cessing 65,000 tonne of ore per month during lengthy mine life,” Mr Sproule said. volved. “Polymetals board and management are very proud of the rapid and efficient redevelopment achieved to support establishment of underground and surface operations at it’s Endeavor mine,” Mr Sproule said. “Our shareholders are realising ‘value for money’ from the in-house build undertaken which I can confidently say is rarely achieved at this scale.” Staged commissioning of the mine commenced in April and stockpiling of crushed ore on the surface commenced last month. “First cashflow will be received during June as pre-payment on our zinc concentrate stocks with first transport scheduled for early July,” Mr Sproule said. Crushed ore from underground at the mine is now being routinely hoisted to the surface for processing. “Optimisation of the grinding and flotation circuits is continuing to ensure consistent production of high-grade zinc and silver-lead concentrates.” Mr Sproule reported access to the upperlevel high-grade silver ore is proceeding with the first ore extraction expected during AuThe SAG and Ball Mills are now in operation at the Endeavor Mine with the production gust. He said operations will continue to ramp up and processing of ore proceeding well. Photo contributed