Calidus Resources (ASX: CAI)
Reported record quarterly gold production at Warrawoona of 16,177 ounces.
The strong result means Calidus has met its guidance for the six months to 30 June
2023 of 31,000 – 36,000oz by producing 31,364oz.
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Calidus Resources commemorative coin
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| Calidus Resources | ASX: CAI |
| Stage | Production, exploration |
| Metals | Gold, lithium |
| Market Cap | A$121 m @ A$ 20c |
| Location | Pilbara, Western Australia |
Calidus Announce Record Gold Production at Warrawoona
Calidus Resources Limited (ASX:CAI) is pleased to report record quarterly
production at Warrawoona of 16,177 ounces.
The strong result means Calidus has met its guidance for the six months to 30 June
2023 of 31,000 – 36,000oz by producing 31,364oz.
The record production is particularly pleasing given the impact of Tropical Cyclone Ilsa during the quarter.
All-in sustaining costs (AISC) for the June quarter are not finalised but are
expected to be within guidance of A$2,000 – A$2,250/oz.
June production of 5,745 ounces was a record at Warrawoona and continues the
trend of steadily increasing production on both a monthly and quarterly basis.
This sets an excellent platform for continued growth through higher-grade pits
and undergrounds.
Further details will be available in the full June 2023 Quarterly Report later this
month.
To read the full news release, please click HERE
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author holds shares in Calidus Resources
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