March quarter production exceeds guidance, up 22% to 26,188...

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