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R Resolute Quarterly Activities Report for the period ended 30 June 2021 29 July 2021 Highlights • Total Recordable Injury Frequency Rate ( TRIFR ) of 1.24 in line with the prior quarter Quarterly production ( poured ) of 77,450 ounces ( oz ) , 10 % lower than the prior quarter reflecting : О Mako - production in line with expectations during the cut - back phase 。 Syama Sulphide - record levels of mining , processing and roaster throughput achieved to date were offset by power disruptions , an extension of scheduled mill maintenance and lower grades 。 Syama Oxide - record tonnes processed offset by lower blended grades and increase in circuit stocks All - In Sustaining Cost ( AISC ) of $ 1,319 / oz for the quarter was higher than the prior quarter reflecting lower production volumes Syama Hybrid Power Station fully operational with final testing of the battery storage system ongoing $ 20.0 million voluntary debt repayment completed earlier than scheduled , lowering borrowing costs Net debt decreased to $ 219.8 million , from $ 222.8 million in the prior quarter , with cash and bullion of $ 88.8 million at 30 June 2021 On site COVID - 19 vaccination program has seen 1,114 employees and contractors immunised with no disruption to operations New Board member and key management appointments including CEO , COO and CFO 2021 production and cost guidance has been revised to 315,000oz from 340,000oz at an AISC between $ 1,290 / oz to $ 1,365 / oz . Note : All dollar figures are United States dollar ( US $ ) currency unless otherwise stated Resolute Mining Limited ( Resolute or the Company ) ( ASX / LSE : RSG ) presents its Quarterly Activities Report for the period ended 30 June 2021 . Resolute's safety performance for the quarter remained consistent with a slight increase in the 12 month rolling average TRIFR to 1.24 . Resolute's quarterly production of 77,450oz reflects improved performance at the Syama underground mine , Sulphide and Oxide processing which were all at record levels . These improvements were partially offset by lower mined grades at the Syama Sulphide and Oxide operations along with extended scheduled maintenance and power supply disruptions which have now been resolved . Mako continues to deliver in accordance with guidance expectations as the cut back of the main pit proceeds as planned . Total operating costs remained in line with the prior quarter and expectations , however lower gold production has increased the unit cost for the Group's AISC to $ 1,319 / oz for the quarter . ASX / LSE : RSG | www.rml.com.au RESOLUTE MINING LIMITED ABN : 39 097 088 689 Level 2 , Australia Place 15-17 William Street Perth , Western Australia 6000 T : +61 8 9261 6100 F : +61 8 9322 7597 E : contact@rml.com.au