Acquisition Provides Operational Update At CSA Copper Mine

Acquisition Provides Operational Update At CSA Copper Mine

ST. HELIER, JERSEY – Metals Acquisition Limited reported on the operational performance of the CSA Copper Mine. Total Reportable Injury Frequency Rate (TRIFR) decreased slightly for the quarter to 10.1 per million hours from 10.7, with one Lost Time Injury (LTI). December quarter production of 9,832 tonnes of copper and 114,969 ounces of silver which is flat for both metals compared to the prior quarter

Mick McMullen, CEO, said, “The results show that we continue to go after the low hanging opportunities which should be apparent in our ability to reduce costs, while also strategically investing in multiple opportunities to increase volumes. I could not be more excited about what the management team and all the members of CSA have accomplished in the first six months since taking ownership of the operations.

Drilling of the various deposits in and around the mine confirm the high-grade nature of the operation with most deposits open at depth and in some cases up dip as well (QTSC). The results from the QTSS Upper A deposit are highly encouraging so close to surface and we are excited to see what additional value we can create through the drill bit.

Our teams at site and in corporate have all worked very hard to turn this operation around, to achieve this safely and rapidly and we start 2024 in a strong position poised for growth.”