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Kingsgate Consolidated Limited Message Board

  • caseno_98 caseno_98 Oct 15, 2010 11:37 AM Flag

    Fiscal 2010 Forcast:130K ounces of Gold:

    Kingsgate Consolidated Limited Announces Production Guidance for the Quarter Ended September 2010 and for the Fiscal Year 2010
    09/27/2010

    Kingsgate Consolidated Limited announced that due to scheduled major maintenance shutdowns of the gold treatment plant, and the fact that the mining operations at Chatree were constrained to a lower-grade section of the ore-body, production for the September quarter would be lower than average quarterly production for the fiscal 2010. Production for the September quarter is expected to be around 22,000 ounces of gold. Forecast production for the fiscal 2010 remains in the range 120-130,000 ounces of gold.

 
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