Premier Gold production over 89K Oz
Silver
production of
321,814
ounces in 2018
Premier
Gold Mines announces its fourth quarter and full year production results for
2018. According to the highlights of the Q4 2018 gold production at Mercedes
22,465 ounces produced. By counting continued processing of stockpiles at South
Arturo with 577 ounces of gold produced and total quarterly silver production
of 120,730 ounces.
Looking
at full-year 2018 production highlights, Gold production remained of 89,699
ounces and Silver production of 321,814 ounces. Gold production from South
Arturo exceeded annual guidance, benefiting from a decision to accelerate
processing of the Phase 2 ore stockpile.
The
Mercedes mine delivered second half production consistent with Company
expectations. Steady improvements in the second half resulted in Q4 being the
best quarter of the year with production of 22,465 ounces of gold.
With
Mercedes operations back on track, Premier exceeded its internal production
expectations during the fourth quarter,” stated John Begeman, Executive
Chairman of Premier. “Annual production
met initial guidance. A strong fourth quarter combined with the development of
two additional mine projects at South Arturo, is positioning the Company for a
strong future”.
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