Golden Star Achieves Commercial Production at Wassa Underground Gold Mine

Gold Investing

Golden Star Resources (TSX:GSC) has announced that commercial production has been achieved at its Wassa underground gold mine in Ghana as of January 1, 2017. As quoted in the press release: The project construction of Wassa Underground, including the installation of all ancillary infrastructure, is essentially complete and operational, in accordance with the Company’s planned …

Golden Star Resources (TSX:GSC) has announced that commercial production has been achieved at its Wassa underground gold mine in Ghana as of January 1, 2017.
As quoted in the press release:

The project construction of Wassa Underground, including the installation of all ancillary infrastructure, is essentially complete and operational, in accordance with the Company’s planned schedule and budget.
Gold production is anticipated to continue to ramp up during 2017 as Golden Star’s mining operations begin to access the B Shoot, which is a higher grade area of the Wassa Underground ore body.  The Company plans to begin longitudinal stoping of the B Shoot in the first quarter of 2017, with the larger, transverse stopes expected to be accessed in the third quarter of 2017.
Since Golden Star blasted the first stope at Wassa Underground in July 2016, the Company has been mining development and stope ore in the F Shoot.  Golden Star expects to announce its full year 2016 production results, including the production results for Wassa Underground, and its full year 2017 guidance in terms of production, operating costs and capital expenditures later in January 2017.

Click here to read the full press release.

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