check-out schrieb 09.01.24, 12:45
Calibre Mining Corp.: Calibre Delivers Record Full Year 2023 Gold Production of 283,494 Ounces, Exceeding the High End of Guidance; Setting Up for Stronger 2024 With Production Guidance of 275,000 - 300,000 Ounces
Record Q4 and Full Year 2023 Highlights
Cash $86 million, a 52% increase over end of year 2022, after a C$40 million investment in Marathon Gold;
5th Consecutive record consolidated quarterly gold production of 75,482 ounces:
Nicaragua Q4 gold production of 64,963 ounces and Nevada gold production of 10,519 ounces;
Record consolidated full year production of 283,494 ounces, exceeding 2023 production guidance:
Nicaragua full year gold production of 242,109 ounces and Nevada gold production of 41,385 ounces;
Achieved another successful year on many fronts including exploration success and milestones across all assets, reaffirming the Company's multi-year, grade-driven, socially, and environmentally sustainable production growth strategy;
Announced the combination of Calibre and Marathon Gold (https://www.calibremining.com/news/calibre-and-marathon-announce-combination-to-creat-6555/) to create a high-growth, cash flow focused, mid-tier gold producer in the Americas with expected annual production of 500,000 ounces and completed the C$40 million financing to become Marathon's largest shareholder;
Announced a normal course issuer bid (https://www.calibremining.com/news/calibre-mining-announces-normal-course-issuer-bid-6509/) demonstrating a responsible potential use of available cash, reflecting the best interests of Calibre;
Exploration success at Libertad yielded an Initial Mineral Resource Estimate at the Volcan Gold Deposit (https://www.calibremining.com/news/calibre-delineates-another-new-open-pit-gold-depos-6357/) and identified additional gold trends proximal to the mill, providing further opportunity to leverage the available surplus processing capacity; and
Published our 2022 sustainability report (https://www.calibremining.com/news/calibre-announces-the-publication-of-its-2022-sust-5510/), affirming our commitment to transparency and accountability, and joined the Mining Association of Canada (https://www.calibremining.com/news/calibre-joins-the-mining-association-of-canada-st-6759/), strengthening our commitment to responsible mining.
2024 Consolidated Gold Production and Cost Guidance
Consolidated gold production and sales of between 275,000 and 300,000 ounces;
Consolidated Total Cash Costs1 ("TCC") between $1,075 and $1,175 per ounce of gold;
Consolidated All-in Sustaining Costs1 ("AISC") between $1,275 and $1,375 per ounce of gold;
Growth Capital of between $45 and $55 million; and
Exploration Capital of between $25 and $30 million.
Darren Hall, President & Chief Executive Officer of Calibre, stated: "I am proud of the Calibre team for achieving a fourth consecutive year of record production, and exceeding the high end of our 2023 production guidance, boosting our cash on hand by 52% to $86 million after a C$40 million investment into Marathon Gold. Looking ahead to 2024, we foresee another robust year demonstrated by an increase in annual gold production guidance. Throughout 2023, we accomplished numerous milestones as we continue to execute our corporate strategy of transitioning into a mid-tier gold producer.
https://www.finanznachrichten.de/nachrichten-2024-01/61090816-calibre-mining-corp-calibre-delivers-record-full-year-2023-gold-production-of-283-494-ounces-exceeding-the-high-end-of-guidance-setting-up-for-str-399.htm
mitdiskutieren »