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Roxgold Increases Full Year Gold Production Guidance to 115,000 – 125,000 Ounces
Sep. 20, 2017 09:28AM PST
Precious Metals InvestingRoxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTC: ROGFF) today announced an increase to its 2017 full year gold production guidance to 115,000 – 125,000 ounces compared to the previously announced range of 105,000 – 115,000 ounces. The 2017 full year guidance for Cash Operating Cost1 and All-in Sustaining Cost1 remain unchanged between US$445-US$490 per ounce and US$740-US$790 per ounce …
Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTC: ROGFF) today announced an increase to its 2017 full year gold production guidance to 115,000 – 125,000 ounces compared to the previously announced range of 105,000 – 115,000 ounces. The 2017 full year guidance for Cash Operating Cost1 and All-in Sustaining Cost1 remain unchanged between US$445-US$490 per ounce and US$740-US$790 per ounce of gold respectively.
As quoted in the press release:
“Operations have been performing extremely well at Yaramoko’s 55 Zone where mining rates and head grades have been higher than anticipated. As a result, we are very pleased to announce an increase in our production guidance range for the year while maintaining our cost guidance. At the end of August we had produced over 81,500 ounces of gold, or over 70% of the lower end of our revised guidance range of 115,000 to 125,000 ounces for the year,” stated John Dorward, President and CEO of Roxgold.
