Argonaut Gold meldet Zahlen für Q2/18
Second Quarter 2018 and Recent Company Highlights: - Corporate Highlights
- Received nationally awarded Environmental Socially Responsible Company recognition at both the El Castillo Complex and La Colorada mine. This is the seventh consecutive year that the La Colorada mine has received this recognition and with the introduction of the San Agustin mine within the El Castillo Complex, the first year the El Castillo Complex has received this recognition.
- Increased net cash (see Non-IFRS Measures section) by $1.5 million during the second quarter 2018.
- El Castillo Complex
- Second quarter production of 26,518 GEOs.
- El Castillo production of 10,194 GEOs.
- San Agustin production of 16,324 GEOs.
- San Agustin crushing throughput achieved 24% over nameplate capacity of 16,700 tonnes per day.
- Completed construction of cell 1 of the Phase 8A leach pad at El Castillo.
- Completed construction of the San Agustin leach pad expansion and currently placing overliner.
- Completed 15,000 metre drill program at San Agustin.
- La Colorada
- Second quarter production of 11,923 GEOs.
- By accessing low-grade stockpiles, maintained crusher throughput of approximately 12,500 tonnes per day in spite of the inability to blast.
- Experienced a 28% decrease in costs on a per tonne processed basis to $7.85 in the second quarter from $10.94 in the first quarter due to the elimination of costs associated with drilling and blasting and significantly reduced haul distances associated with low-grade stockpiles.
- Completed construction of the NE Phase Two leach pad.
- Cerro del Gallo
- Initiated a drill program for metallurgical test work samples.
- Magino
- Advanced Environmental Assessment process (federal and provincial).
- Signed the Community Engagement Agreement with the Métis Nation of Ontario.
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