Cobar progresses Wonawinta project

06/07/2012 10:40:00

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Cobar Consolidated Resources Limited (ASX:CCU) has confirmed its Wonawinta Silver Project has progressed to a continuous operational basis.

The silver producer will begin ore treatment as it strives to ramp up the rate of production and build inventories of silver in circuit stocks.

Cobar expects to commence silver production over the next 8 – 10 weeks.

In the first half of the 2012 financial year Cobar posted a net loss of $1.4million.