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Calidus Announce Record Gold Production

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

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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