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January 22, 2013
08:29 EDTRVMRevett Minerals reports FY12 net cash from operations $18.7M vs. $28.2M in FY11
Mill throughput for FY12 averaged 3,588 tpd compared to 3,957 tpd for FY11. Q412 throughput was 204,969 tons processed, averaging 3,203 tpd for the period. Silver production for FY12 was 1.11M ounces compared to 1.29M ounces for the FY11. Q4 silver production totaled 161,133 ounces averaging throughput grades of 0.94 oz/ton. Copper production for FY12 was 7.56M pounds compared to 10.65M pounds for FY11. Q4 copper production totaled 1,007,982 pounds averaging throughput grades of 0.32%. There were zero lost time incidents reported during Q4. The MSHA calculated Incidence Rate for the Troy Mine for FY12 is 4.04 as compared to a national underground average for the first nine months of 2012 of 2.49.
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