Mining Highlights News Today

Proactive mining analyst Ryan Long presents his monthly report on the mining royalty and streaming sector for May.  Long says May 2021 continued...

  Planned gold production for the first eight months from commencement of mining now exceeds the Companys original guidance of 14,400 ounces per annum, stated in the Definitive Economic Plan ("DEP") announced on 19 June 2019. Accordingly, the Company expects to increase the planned production rate to around 50,000 ounces of gold per annum, which would represent an increase of more than 300% from the original production schedule.    The Company is continuing to review the options available ...