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ConferredDiligence

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ConferredDiligence

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Friday, 09/29/2017 10:14:04 AM

Friday, September 29, 2017 10:14:04 AM

Post# of 3973
Golden Star Announces Commencement of Stoping at Prestea Underground Gold Mine

Prestea Underground is expected to achieve commercial production in the fourth quarter of 2017. The mine has Mineral Reserves of 1.09 million tonnes at 13.93 grams per tonne of gold. It is expected to produce 90,000 ounces of gold per annum at a cash operating cost1 of $468 per ounce and an All-In Sustaining Cost1 of $615 per ounce over an initial mine life of 5.5 years.2 Exploration drilling is underway at the mine with the objective of increasing the annual production rate and extending the mine life.

https://finance.yahoo.com/news/golden-star-announces-commencement-stoping-105500199.html
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