L'sea Resources (00195) said tin production of 1,811 tonnes during the quarter from July to September 2017 of Rension Project of Bluestone Mines Tasmania Joint Venture Pty Limited represented a 6.3% increase by comparing the tin production for the previous quarter, as a result of a slightly higher concentrator feed grade of 1.38% (an increase of 4.5% of previous quarter).
The average quarterly recoveries being 73.98% represented a 1.6% decrease 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.