Expansion for Ernest Henry

Evolution Mining's June quarterly report has unveiled promising results for the company's Ernest Henry copper-gold project in Queensland. The drilling activities conducted at the mine have significantly enhanced the extension project, providing a positive outlook for Evolution Mining's future.

Lawrie Conway, the CEO and Managing Director, expressed confidence in the company's prospects for the financial year 2024, citing a strong pipeline of quality projects to drive increased margins and extend asset life. The drilling results at Ernest Henry are expected to contribute to the growth of the mineral resource, with encouraging extensions to mineralization identified.

Glen Masterman, Vice President Discovery, emphasized the continued success of drilling efforts at Ernest Henry, projecting a continuous rate of growth with increased underground and surface drilling activities.

Moreover, Evolution Mining reported successful results from their exploration campaign in Western Australia. The declaration of the Cue joint venture West Island mineral resource indicates value along a multi-kilometer mineralized trend connecting with Musgrave Minerals' Cue gold project.

The report also showcased other achievements, including a commendable 19% reduction in total recordable injury frequency, FY23 gold production reaching 651,155 ounces, and an operating mine cash flow of $944 million.

With these positive outcomes and a robust project portfolio, Evolution Mining is poised for further growth and success in the mining industry, ensuring sustainable prosperity for the company.