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R Resolute Quarterly Activities Report for the period ended 30 September 2021 29 October 2021 Highlights • • • • Total Recordable Injury Frequency Rate ( TRIFR ) of 1.26 consistent with the prior quarter and September 2020 quarter Quarterly production ( gold poured ) of 76,336 ounces ( oz ) in line with the prior quarter All - In Sustaining Cost ( AISC ) of $ 1,499 / oz , impacted by above - average rainfall at Syama , drawdown of higher cost stockpiles and the planned cut - back at Mako Gold sales of 89,326oz at an average realised gold price of $ 1,738 / oz compared to the average spot price of $ 1,791 / oz Sale of Bibiani Gold Mine completed for $ 90 million in cash with an initial $ 30 million received Cash and bullion of $ 41.6 million with net debt reduced to $ 212.9 million , including net debt repayments of $ 53.6 million during the quarter Deferral of the planned major shutdown of the sulphide processing circuit from October 2021 to February 2022 Outstanding drill results at Tabakoroni underground sulphide and Syama North oxide support an expected increase in resources at Tabakoroni and return to open - pit mining at Syama North in late 2021 Significant progress with on - site COVID - 19 vaccination program with double dose vaccination rates nearing 50 % across operations 2021 production guidance maintained at 315,000oz to 340,000oz at an AISC of $ 1,290 / oz to $ 1,365 / oz . Note : All dollar figures are United States dollar ( $ ) currency unless otherwise stated Resolute Mining Limited ( Resolute or the Company ) ( ASX / LSE : RSG ) is pleased to present its Quarterly Activities Report for the period ended 30 September 2021 . Group production was 76,336oz of gold , consistent with the June quarter . A rolling TRIFR of 1.26 was maintained . Production was affected by a wetter than expected September quarter at Syama , with rainfall disrupting open pit mining and processing performance . Production from Mako was in line with expectations as the planned cut - back to expand and extend operations continued with lower grades delivered to the plant during the September quarter . At both sites , higher cost ore stockpiles were drawn down to supplement mine production . Collectively this resulted in an increase in AISC for the quarter to $ 1,499 / oz . AISC guidance for the 2021 full year remains unchanged . Several projects were commissioned at the Syama sulphide operations , including a transition to owner - operator of underground development . Mining progressed at Tabakoroni , focusing on pre - stripping and accessing higher - grade oxide ore . As noted above , progress was hindered by the wet weather impacting pit access and ore haulage . The sale of the Bibiani Gold Mine in Ghana to Asante Gold Corporation ( Asante ) was completed , with an initial $ 30 million received and two further instalments of $ 30 million expected in February and August 2022. Debt repayments of $ 53.6 million were made during the quarter , with $ 30 million applied to the Revolving Credit Facility ( RCF ) and $ 25 million paid on the amortising Term Loan Facility Level 2 , Australia Place ASX / LSE : RSG | www.rml.com.au RESOLUTE MINING LIMITED ABN : 39 097 088 689 15-17 William Street Perth , Western Australia 6000 T : +61 8 9261 6100 F : +61 8 9322 7597 E : contact@rml.com.au