L'sea Resources (00195) said tin production of 1,783 tonnes during the first quarter of 2017 of Rension Project of Bluestone Mines Tasmania Joint Venture Pty Limited represented a 0.85% increase by comparing the tin production for the previous quarter.
The production volume of ore tones mined and processed, and mined and processed ore grade remained consistent with the previous quarter. The average quarterly recoveries being 75.65% represented a 4.6% increase by comparing with the previous quarter.
YT Parksong Austrlia Holding Pty Limited, which is an indirectly 82%-owned subsidiary of L'sea Resources, owns 50% shareholdings in Bluestone Mines Tasmania Joint Venture Pty Limited.
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