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Crocodile Gold Corp. (TSX:CRK,OTCQX:CROCF) announced its production results for the third quarter of 2014, commenting that it put out 55,909 ounces of gold.
Crocodile Gold Corp. (TSX:CRK,OTCQX:CROCF) announced its production results for the third quarter of 2014, commenting that it put out 55,909 ounces of gold. The company also said it has upped its production guidance to 220,000 to 225,000 ounces for the full year.
Rodney Lamond, president and CEO of Crocodile, commented:
I am extremely pleased to announce that the Company is able to increase its gold production guidance again for 2014. This important milestone demonstrates that we are focused on the right activities to deliver consistent and sustainable results. The 55,909 ounce gold production this quarter marks the fifth consecutive quarter with over 53,000 ounces produced. Our management teams are committed and focused in the areas of resource growth, gold production, and free cash flows to build a sustainable future for each of our current operating assets. While the challenging gold market has impacted our revenue, we are in a very strong position to capitalize when the markets recover.
Click here to read the full Crocodile Gold Corp. (TSX:CRK,OTCQX:CROCF) press release.