Hillgrove Resources Reports Record Copper Production During March Quarter; Shares Jump 7%

MT Newswires Live
04-08

Hillgrove Resources (ASX:HGO) reported record copper production of 2,952 tonnes during the March quarter, up 12% on the December 2024 quarter output of 2,637 tonnes, according to a Tuesday Australian bourse filing.

The company said 316,000 tonnes of ore were processed at a grade of about 1% grade of copper and over 94% recovery.

It confirmed that it remains on track for its 2025 copper production guidance of 12,000 to 14,000 tonnes.

Hillgrove Resources' shares jumped almost 7% in recent trading on Tuesday.

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