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News: OGC Oceanagold Says Life Of Haile Gold Mine Extended To 2033 Based On Mineral Reserves Only

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    23/09/20
    18:00
    Post #: 47575937

    Sept 23 (Reuters) - OceanaGold Corp (OGC) :

    • LIFE OF HAILE GOLD MINE EXTENDED TO 2033 BASED ON MINERAL RESERVES ONLY
    • AT HAILE, INCREASED PROVEN & PROBABLE GOLD RESERVES BY 60,000 OZ ALL NET OF MINE DEPLETION AS AT JUNE 30
    • SEES AVERAGE ANNUAL LIFE OF HAILE GOLD MINE GOLD PRODUCTION OF 180,000 - 200,000 OUNCES
    • SEES INCREASING AVERAGE ANNUAL LIFE OF HAILE GOLD MINE GOLD PRODUCTION TO ABOUT 250,000 OZ
    • HAILE GOLD MINE LIFE OF MINE CASH COSTS OF $590 PER OZ AND AISC OF $800 PER OZ
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