Kibush Capital Corporation Updates on Gold Mining in Papua New Guinea

MELBOURNE, Australia, Aug. 12, 2014 /PRNewswire/ -- Kibush Capital Corporation (OTC: DLCR) announced today it has budgeted gold processing from its Koranga Gold Mine site in Papua New Guinea for the month of August at 950 grams ( 30.5 ounces ).  This represents an increase of over 500% from its July processing at 172 grams (5.5 Ounces).  "We have initiated a number of incentives with our workers at the mine site and we would anticipate this to have a positive effect on the processing volumes for this quarter and the next financial quarter," said Warren Sheppard, CEO. 

Mr. Sheppard continued, "We are confident that we can continue to increase production in accordance with all regulatory, operational, and environmental regulations." 

Contact: 
Paul Knopick
E & E Communications
[email protected]
940-262-3584

SOURCE Kibush Capital Corporation

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