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SGR Q2 Mined ore at a record quarterly

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NYBob Member Level  Wednesday, 09/26/12 03:29:14 PM
Re: hotdog1012 post# 485
Post # of 507 
SGR Q2 Mined ore at a record quarterly rate of
approximately 1,709 tons per day for a total of 155,495 tons,
resulting in a surface stockpile of approximately 55,000 tons
representing more than 10,000 ounces of gold.

To underscore this statement,
the Company produced 11,366 ounces in July.

Set an average mill throughput record of 2,032 tons per day
in May 2012.

Realized a cash operating margin of $637 per ounce of gold
sold with a realized price of $1,607 per ounce through
the quarter.


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