Galane Gold Ltd. Provides Production Guidance for the Full Year of 2020
November 17, 2020 at 06:58 pm EST
Galane Gold Ltd. provided production guidance for the full year of 2020. The company expects to provide a comprehensive update to the market in December on its progress on Phase 1 at Galaxy and its plans for the Phase 2 expansion, with forecasted annual production of 43,000 ounces per year at an all in sustaining cost of $747 per ounce during Phase 2, an increase from the previous forecasted annual production of 26,700 ounces at an all in sustaining cost of $897 an ounce for Phase 1.