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[posting]52141119[/posting]Toller Jahresauftakt!!! •During the first quarter, Island Gold produced 26,589 ounces of gold (26,031 ounces sold), an increase of 147% over the same period in 2015 and an 87% increase over the prior quarter. Increased production for the quarter was positively impacted by higher than expected reconciled grades of 11.31 g/t milled and record mill throughput of 834 tonnes per day. Company-wide production was 32,369 ounces of gold (32,239 ounces sold), a 25% increase over the prior year period and 45% over the prior quarter. •Cash costs for the quarter at Island Gold were $674 per ounce (US$491 per ounce), a 52% decrease over the prior year period and a 34% decrease over the prior quarter. Company-wide cash costs for the quarter were $806 per ounce (US$587 per ounce), a decrease of 18% over the prior year period and a 22% decrease over the prior quarter. •First quarter revenues were a record $52.6 million at an average realized gold price of $1,629 per ounce (US$1,186 per ounce). •Richmont maintained its cash balance of approximately $61 million (US$45 million) as at the end of the quarter, despite an $8.7 million reduction in Accounts Payable balances during the quarter. |
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| aus der Diskussion: | Richmont Mines Inc. eine Perle? |
| Autor (Datum des Eintrages): | SmallCapTrade (12.04.16 16:15:24) |
| Beitrag: | 2 von 7 (ID:52171198) |
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