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Alacer Gold Achieves 2017 Production Guidance, Beats Cost Guidance and Provides 2018 Outlook as the Sulfide Project Approaches First Gold Pour
Jan. 15, 2018 09:29AM PST
Gold InvestingAlacer Gold (“Alacer” or the “Company”) [TSX: ASR and ASX: AQG] announces full-year 2017 production results, unaudited full-year cost results, and 2018 production and cost guidance. Rod Antal, Alacer’s President and CEO, stated: “I am pleased to report that we produced 168,1631 ounces of gold at unaudited All-in Sustaining Costs2 (“AISC”) of $685 per ounce …
Alacer Gold (“Alacer” or the “Company”) [TSX: ASR and ASX: AQG] announces full-year 2017 production results, unaudited full-year cost results, and 2018 production and cost guidance.
Rod Antal, Alacer’s President and CEO, stated:
“I am pleased to report that we produced 168,1631 ounces of gold at unaudited All-in Sustaining Costs2 (“AISC”) of $685 per ounce in 2017, meeting our original production and beating AISC cost guidance for the year.
The production initiatives generated through our operational excellence program were very successful, delivering 64,542 ounces in the fourth quarter, making it the strongest quarter of the year. All of this was achieved with zero lost-time injuries in 2017 and we have now worked 401 days, or over 8.2 million man-hours without a lost-time injury.”