New Century Resources (ASX: NCZ) has posted record quarterly zinc production and a significant increase in metallurgical recovery from its namesake zinc mine in Queensland’s Gulf of Carpentaria.
The company, which has ambitions to become the world’s fourth largest zinc operator, announced a 50% increase in quarterly zinc production from the Century mine, with production totalling 18,170 tonnes for the March 2019 quarter.
During the quarter, the company continued the successful ramp up of plant performance, which resulted in the record production.
In total, 37,500t of concentrate was produced throughout the three-month period grading 48.3% zinc. Silver content of 152 grams per tonne within the concentrate remained in line with previous quarter operations.