KGL 3.00% 9.7¢ kgl resources limited

re: Ann: Increased Resource at Murchison Gold... Looks like...

  1. 712 Posts.
    re: Ann: Increased Resource at Murchison Gold... Looks like stage 1 production has increased to 30k per year and costs lowered to $1075 an ounce.

    This is far better than 24koz @ $1223/oz.

    Once heap leaching and expansion of CIL plant get underway, costs should further decrease while production increases.

    Looks like there were some teething issues in this first quarter though which was probably to be expected.
 
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