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    Osisko Achieves Record Monthly Gold Production at Canadian Malartic

    Charlotte McLeod
    Aug. 07, 2012 02:20PM PST
    Gold Investing

    Osisko Mining Corp. (TSX:OSK) announced that its July gold production at the Canadian Malartic mill reached a monthly record of 37,780 ounces.

    Osisko Mining Corp. (TSX:OSK) announced that its July gold production at the Canadian Malartic mill reached a monthly record of 37,780 ounces.

    According to the press release, other highlights of the announcement include:

    • Record monthly mill throughput of 1.3M tonnes
    • Record average daily throughput (based on 31 days of operation) of 41,935 tonnes per day
    • Average grade milled of 1.02 g/t Au
    • Average recovery of 88.6%

    President and CEO of Osisko, Sean Roosen, commented:

    With the now completed pre-crushing circuit and the coming installation of the second pebble crusher in early fourth quarter, we will be focused on plant optimization and cost reduction.  Since we started production last year, Canadian Malartic has now produced well over 400,000 ounces of gold during this ramp up phase.

    Click here to read the full Osisko Mining Corp. (TSX:OSK) press release.

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