Swick Mining Services Limited reported consolidated revenue and operating results for the fourth quarter ended June 30, 2014. For the quarter, the company's total metres drilled reduced 11% to 297,000 metres from 334,000 metres in the corresponding period last year. Despite of this drop total metres drilled has increased 18% over the last three consecutive quarters with Underground Diamond posting a record total metres drilled of 250,541 metres. During the quarter the company maintained its fleet utilisation at 68%. Total rigs in fleet were 81 against 78 a year ago. Total rigs in use were 55 against 54 a year ago.

For the quarter, the company reported consolidated revenue of $32.4 million against $34.8 million a year ago.

For the year ended June 30, 2014, the company expects that the results to be slightly ahead of the upper range of previous market revenue and EBITDA guidance of between $113 million to $117 million and $14 million to $16 million respectively.