Producer of zinc, lead and silver CBH Resources Ltd
(ASX:CBH) says it produced 15,250 tonnes of zinc concentrates, 8,400 tonnes of lead concentrates for the quarter ended September 30 at its flagship Endeavor mine.
The company is planning to ramp up production to 850,000 tonnes per annum at the mine.
CBH says the development approval process for its Rasp mine in Broken Hill has begun with approvals being sought for early stage mining of high grade remnant ore.
The miner also says the potential for an underground mine development at Panorama in Western Australia is encouraging, saying that the company will likely seek a new development partner for this project.
CBH says the outlook for the company continues to improve as a result of higher metal prices and the successful implementation of recapitalisation initiatives approved by shareholders in August.
Focus will be on a gradual and sustainable ramp up of production at Endeavor and the development of Rasp.
CBH Resources posted a $96.6 million loss for 2009.
