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Avesoro Resources – 2018 Production Guidance and Exploration Budget and Update on Exploration Activities
Jan. 24, 2018 09:22AM PST
Gold InvestingAvesoro Resources (“Avesoro” or the “Company”), the TSX and AIM listed West African gold producer, is pleased to announce consolidated annual production guidance for 2018 and to provide an update on initial results from the 2017 exploration activities. Serhan Umurhan, CEO of Avesoro, commented: “We begin 2018 well positioned to continue to increase gold production levels …
Avesoro Resources (“Avesoro” or the “Company”), the TSX and AIM listed West African gold producer, is pleased to announce consolidated annual production guidance for 2018 and to provide an update on initial results from the 2017 exploration activities.
Serhan Umurhan, CEO of Avesoro, commented:
“We begin 2018 well positioned to continue to increase gold production levels and to further reduce operating costs at our New Liberty, Youga and Balogo Gold Mines.
This year, we look to build upon the operational turnaround achieved at New Liberty and to deliver further growth throughout 2018, with forecast gold production of 220,000 to 240,000 ounces at an operating cash cost of US$620 to US$660 per ounce of gold produced.”