Brief: Calidus Resources Posts Qtrly Gold Production 15,187Oz, Up 21%
April 27 (Reuters) - Calidus Resources CAI.AX :
* QTRLY GOLD PRODUCTION 15,187OZ, UP 21%
* 35% INCREASE IN GOLD SALES FOR QUARTER TO 15,982OZ FOR
REVENUE
OF A$40.1M
* JUNE QUARTER PRODUCTION IS FORECAST TO BE HIGHER THAN
MARCH
QUARTER WITH ON-GOING DE-BOTTLENECKING OF PLANT
* IT IS ANTICIPATED THAT STAGE 1 COSTS WILL FALL AS A RESULT
OF
LOWER STRIP RATIOS AND THEREFORE REDUCED MINING COSTS
Source text for Eikon: ID:nASXbyRZz5
Further company coverage: CAI.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Calidus Resources
See all newsBrief: Calidus Resources Reports 12% Increase In June Quarter Production At Warrawoona
Brief: Calidus Resources Says March Qtr Production At Warrawoona 15,118 Ounces
Australia's Calidus Resources hits record low on discounted placement
Brief: Calidus Resources Says Firm Commitments Received For A$16.5M Via Institutional Placement At A$0.115 Per Share
Brief: Calidus Resources Seeks Trading Halt