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19/04/11
08:30
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March quarter production exceeds guidance, up 22% to 26,188 ounces
Net cash flow from operations increased by 34% to US$ 11.19 million
Cash and gold receivables balance increased by 62% to US$ 18.67 million
Modder East cash cost steady at US$ 472/oz
12% improvement in Modder East recovered grade to 6.55 grams per tonne
Total development for the March quarter increased by 16% to 1,369 metres with 81,920 square metres of reserves now available for mining
Plant recoveries maintained at 96.5%
Continued drilling at Ventersburg confirms shallow extension of modelled higher grade payshoot
Shareholders of White Water Resources overwhelmingly approve the creation of Goliath Gold
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