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
"excellent march 2011 quarter for gold one"
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