AI
Goldcorp Report At Porcupine in Ontario, gold production
during the second quarter increased 20% over the second quarter
of 2011 to 74,900 ounces at a total cash cost of
$674 per ounce, driven by higher grades and recoveries.
The Hoyle Pond Deep project continued to advance to access both
depth extensions of current ore bodies and newly-discovered
zones and to enhance operational flexibility and efficiencies
throughout the Hoyle Pond operation.
Full face shaft sinking is planned to commence during the third
quarter of 2012.
Neighbor Moneta Gold Mine to Hollinger -
At the Hollinger open pit project, development has focused on
construction of the haul road between
the Hollinger site and the Dome mill.
The first of 2 shovels to operate in the open pit has been
commissioned.
Pending receipt of final permits, the mine is expected to begin
production in the fourth quarter of 2012, providing
supplementary gold production and the remediation of historical
subsidence areas.
Underground exploration at Hoyle Pond in the second quarter of
2012 continued to return strong results.
Three diamond drill rigs were also dedicated to the expansion and
delineation of the TVZ Bulk Zone.
Surface exploration continued to assess potential targets
located within a few kilometres of the Hoyle Pond deposit,
while one diamond drill rig continued to probe a historically
under-explored area located near the Dome Mine.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72538117
God Bless
during the second quarter increased 20% over the second quarter
of 2011 to 74,900 ounces at a total cash cost of
$674 per ounce, driven by higher grades and recoveries.
The Hoyle Pond Deep project continued to advance to access both
depth extensions of current ore bodies and newly-discovered
zones and to enhance operational flexibility and efficiencies
throughout the Hoyle Pond operation.
Full face shaft sinking is planned to commence during the third
quarter of 2012.
Neighbor Moneta Gold Mine to Hollinger -
At the Hollinger open pit project, development has focused on
construction of the haul road between
the Hollinger site and the Dome mill.
The first of 2 shovels to operate in the open pit has been
commissioned.
Pending receipt of final permits, the mine is expected to begin
production in the fourth quarter of 2012, providing
supplementary gold production and the remediation of historical
subsidence areas.
Underground exploration at Hoyle Pond in the second quarter of
2012 continued to return strong results.
Three diamond drill rigs were also dedicated to the expansion and
delineation of the TVZ Bulk Zone.
Surface exploration continued to assess potential targets
located within a few kilometres of the Hoyle Pond deposit,
while one diamond drill rig continued to probe a historically
under-explored area located near the Dome Mine.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72538117
God Bless
My opinions are my own and and DD I post should be confirmed as unbiased
