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Project: | Kemess | |
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Deposit: | Kemess | |
Location: | Canada | |
Commodities: | Gold-Copper | |
Date: | 10/30/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Mine Development | |
Report details: | 30-10-2019: Centerra Gold Inc. announces an Exploration/Drilling Update report for its Kemess deposit at the Kemess project. Drilling results incl. 634.5m @ 0.30g/t Au, 0.11% Cu from 16.5m. Toronto, Canada, October 30, 2019: Centerra Gold Inc. (“Centerra” | |
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CP/QP: | [Overall Report]: n/a (n/a) | |
ABSTRACT: | Toronto, Canada, October 30, 2019: Centerra Gold Inc. (“Centerra”) (TSX: CG) today reported third quarter 2019 results. Scott Perry, President and Chief Executive Officer of Centerra stated, “During the quarter we achieved a number of significant Lost Time Injury Free milestones including one million work hours at our Öksüt Project and Mount Milligan, one full year at Kumtor and most recently six full years without incurring a lost time injury to our employees or contractors at the Endako Mine. These achievements validate that Zero Harm is within our reach at Centerra and demonstrates our workforce’s commitment to Centerra’s Work Safe – Home Safe program as we continue to build a team-based culture of excellence that responsibly delivers sustainable value and growth.” “The operations produced a total of 205,660 ounces of gold and 21.2 million pounds of copper in the quarter. Kumtor had another strong quarter as we got into higher-grade ore earlier than expected producing 150,305 ounces of gold. Mount Milligan had a strong quarter, the mill throughput averaged 55,727 tonnes per calendar day, producing 55,355 ounces of gold and 21.2 million pounds of copper.” “Company-wide our all-in sustaining costs (before taxes)NG were $666 per ounce sold for the quarter reflecting Mount Milligan achieving all-in sustaining costs (before taxes)NG of $557 per ounce and Kumtor realizing all-in sustaining costs (before taxes)NG of $626 per ounce.” | |
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