STRONG IMPROVEMENT IN OPERATING EARNINGS FROM Q1 2022 AND Q4 2022 Revenue totalled $96.8 million, 48% higher than in Q1 2022 reflecting a 38% increase in gold ounces sold, to 36,145 ounces, and was largely unchanged from the quarterly record set in the fourth quarter of 2022 ("Q4 2022"). REVENUE MATCHES QUARTERLY RECORD SET IN Q4 2022 UNIT COSTS ON TRACK TO ACHIEVE 2023 GUIDANCEĬash operating costs 1 and all-in sustaining costs ("AISC") 1 per ounce sold averaged US$1,124 and US$1,213, respectively, compared to US$1,310 and US$1,396, respectively, for same period a year earlier AISC 1 per ounce sold was in line with full-year 2023 guidance of US$1,100 – US$1,250. Production of 39,827 ounces exceeded target levels and increased 45% from the first quarter of 2022 ("Q1 2022") reflecting growth of 27% in tonnes processed and a 13% improvement in average grade Production ended the quarter on track to achieve full-year 2023 guidance of 145,000 – 160,000 ounces.
0 kommentar(er)
