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CBH Resources Provides Endeavor Mine Production Update
Friday July 3, 2009, 9:24 am

Original Announcement: Endeavor Mine Production Update

CBH Resources announced that the Endeavor Mine has continued to perform strongly in the June quarter exceeding plan with production of 14,982t of zinc concentrates and 8,978t of lead concentrates. The mine is operating at the reduced production rate of 420,000tpa under the revised plan which was implemented in November 2008 to drive production costs to a sustainable level in response to weak metal prices. Combined mining grades (zinc plus lead) in the June quarter were 13.1%. The Company also reported that C1 cash costs for the second half of the 2008/9 financial year averaged US58.6 cents per pound zinc equivalent; and planning is under way for the mine to increase production to a rate of approx. 850,000tpa provided there is a sustainable recovery in metal prices.

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