UPDATE Re: Argonaut Gold;
"The Magino mine start up has been event free, with 3,295 oz. produced as of June 30, 2023. The company has incurred $730 million of the $755 million budgeted to complete the project. Commercial production is on track for Q3 2023. The team will be quite active converting in-pit resources into reserves, along with testing structures to the west and high-grade targets below the pit shell. An optimization and expansion review of the mill will also take place in Q3 – with the goal of increasing production beyond current levels. With the high-grade Alamos Gold Island gold mine immediately adjacent to Magino, it will be exciting to see the exploration results from the next phase of exploration."
"The Magino mine start up has been event free, with 3,295 oz. produced as of June 30, 2023. The company has incurred $730 million of the $755 million budgeted to complete the project. Commercial production is on track for Q3 2023. The team will be quite active converting in-pit resources into reserves, along with testing structures to the west and high-grade targets below the pit shell. An optimization and expansion review of the mill will also take place in Q3 – with the goal of increasing production beyond current levels. With the high-grade Alamos Gold Island gold mine immediately adjacent to Magino, it will be exciting to see the exploration results from the next phase of exploration."
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