Intermin Resources Limited provided the operational update from Intermin's 100% owned Teal Gold Mine, located 11km north west of Kalgoorlie-Boulder in Western Australia. With the pre-strip complete at Teal Stage 2 in the December Quarter 2017, the focus to date has been on ore mining from both Stage 1 and Stage 2 of the pit. Strip ratios have decreased considerably to 2:1 with the supergene oxide ore exposed across the entire pit floor in the southern section. In total, 185,000t of ore has been mined grading 3.25g/t for 19,330 ounces with a further 30,000t of oxide and transitional ore estimated to be mined at similar grades through to mine completion in February 2018. Pit wall conditions remain under constant review with a radar monitoring system installed to ensure the safe and efficient completion of the pit. The first ore processing campaign at the 1Mtpa Lakewood toll milling facility was completed successfully and ran longer than estimated (24 days) ending on 5 January 2018. Full reconciliations have been compiled with 40,528 dry tonnes of ore milled at a final calculated head grade of 3.64g/t. Plant metallurgical recovery exceeded expectations at 96% producing 4,550 fine ounces of gold. Average gold price received for the campaign was AUD 1,672 per ounce generating AUD 7.6 million in gross revenue. The second toll milling campaign commenced on 19 January and is estimated to process 30,000t of oxide ore from existing ROM stockpiles with an estimated average mine predicted grade of 3.2g/t Au. The third and final campaign is scheduled for late February and will process the remaining oxide and transitional material mined as the pit is completed. It is anticipated that full reconciliations for both campaigns will be completed prior to March Quarter end enabling the release of final production and financial results early in the June Quarter. Intermin maintains guidance at the combined Teal open pit of 18,000 to 20,000 ounces recovered at an All In Cost (AIC) of AUD 1,000 to AUD 1,100 per ounce. The successful Teal open cut has put the company in a strong financial position to commence the aggressive discovery and Resource growth drilling program in February 2018, to continue Feasibility work as part of the mine development pipeline and pursue further acquisitions at both asset and corporate level.