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IGO is pleased to announce unaudited NPAT of $6.3m for June quarter (YTD $28.1m) on production of 2,347 nickel tonnes. Cash costs including royalties A$4.41 per payable pound of nickel.
First ore was mined at Moran during the quarter at 4.6% Ni. Development to the Moran deposit is on budget and on schedule. New intercepts have extended Moran strike length to 530m.
Further promising gold intercepts at Karlawinda and Holleton. Intercepts at the new Boston Shaker prospect at Tropicana extends strike length to 700m and further intercepts at Havana Deeps provides encouragement for underground mining potential.
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