Hillgrove Resources Limited (AU:HGO) has released an update.
Hillgrove Resources Limited has successfully transitioned from an exploration company to a copper producer, achieving significant milestones including the commencement of bulk mining and the sale of first concentrates in early 2024. Capitalizing on record high copper prices, the company has enhanced its operating margins and is now focused on increasing production and extending the mine life through strategic exploration. Shareholders are poised to benefit from the company’s upward production trends and the promising potential of new mineralized zones being tested.
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