Base Resources Limited Announces Production Results for the Quarter Ended December 2018; Revises Production Guidance for the Fiscal Year 2019
For the fiscal year 2019 production guidance revised, primarily due to ore characteristics being encountered in the remnants of the Central Dune orebody: It expects production of Rutile to be 88,000 to 94,000 tonnes compared to previously expected 88,000 to 93,000 tonnes, Ilmenite to be 385,000 to 415,000 tonnes compared to previously expected of 420,000 to 450,000 tonnes, and Zircon to be 31,000 to 34,000 tonnes compared to previously expected of 32,000 to 37,000 tonnes.