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- October 20, 2024 at 11:01 am
Thanks RonS, up big on a handful of these producers. I bought some more Calibre. They just update guidance and the Valentine project
<p align=”justify”>Full Year 2024 Guidance Revision</p><ul type=”disc”>
- Consolidated 2024 production guidance revised to 230,000-240,000 ounces.
- Nicaragua’s Q4 mine plans deliver significantly higher ore tonnes mined, with production expected to be 60,000-70,000 ounces. Despite increasing ore haulage to Libertad by 30% to 3,000 tonnes per day in Q4, the Company forecasts an approximate 30,000 ounce increase in stockpiles by year end, available for processing in 2025.
- Consistent with YTD performance, full year spend is anticipated to be in line with budget, with lower ounces sold resulting in higher TCC<sup>1</sup> and AISC<sup>1</sup> for 2024:
<ul type=”circle”>- Consolidated TCC<sup>1</sup> has been revised to $1,300-$1,350/oz; and
- Consolidated AISC<sup>1</sup> has been revised to $1,550-$1,600/oz.
<p align=”justify”>Valentine Construction & Capital Cost Update </p>
<ul type=”disc”>
- Construction at Valentine surpasses 81% completion as of September 30, 2024:
<ul type=”circle”>- Tailings Management Facility is complete and ready to receive water;
- CIL leaching area tanks construction is nearing completion;
- Reclaim tunnel and coarse ore stockpile construction is progressing;
- Primary crusher installation is well advanced and overland conveyer construction has commenced; and
- Pre-commissioning is underway.