TORONTO, ONTARIO--(Marketwire - Jan. 18, 2012) - High River
Gold Mines Ltd. ("High River" or the
"Company") (TSX:HRG) announces its
preliminary operational results for the year ended
December 31, 2011. The numbers stated below are
preliminary and subject to final adjustment.
HIGHLIGHTS FOR 2011
-
Total gold production (including silver in gold
equivalent) reached 374 Koz (100%). In 2010, total gold
production was 330 Koz (100%). 374 Koz of gold (including
silver in gold equivalent) have been sold in 2011.
-
The Zun-Holba and Irokinda Gold Mines operated by
Buryatzoloto produced 134 Koz (100%). The recovery at
Buryatzoloto was 93% in 2011.
-
The Taparko-Bouroum Gold Mine operated by Somita produced
133 Koz (100%). The recovery at Taparko-Bouroum mine was
84% in 2011.
-
Gold production at Berezitovy was 107 Koz (100%). The
recovery at Berezitovy was 90% in 2011.
-
The mining license for the Bissa Gold Project was granted
and the mine construction commenced.
Buryatzoloto Combined Operational Data
|
| | | |
|
Three months ended
| |
Year ended
|
|
December 31, 2011
|
September 30, 2011
|
December 31, 2010
| |
December 31, 2011
|
December 31, 2010
|
Ore mined (Kt)
|
173
|
162
|
162
| |
659
|
630
|
Ore processed (Kt)
|
174
|
177
|
174
| |
680
|
661
|
Gold grade (g/t)
|
6.1
|
6.6
|
6.9
| |
6.5
|
6.9
|
Gold production (Koz) - 100% (1)
|
36
|
34
|
35
| |
134
|
136
|
(1) Includes gold from tailings recovery
and other sources. |
|
|
Berezitovy Operational Data
|
| | | |
|
Three months ended
| |
Year ended
|
|
December 31, 2011
|
September 30, 2011
|
December 31, 2010
| |
December 31, 2011
|
December 31, 2010
|
Ore mined (Kt)
|
488
|
367
|
439
| |
1,758
|
1,500
|
Ore processed (Kt)
|
334
|
366
|
251
| |
1,391
|
1,050
|
Gold grade (g/t)
|
2.7
|
2.5
|
2.0
| |
2.6
|
2.2
|
Gold production (Koz) - 100% (1)
|
29
|
26
|
16
| |
107
|
67
|
(1)Gold production for 2010 represents
gold in doré alloy. |
|
|
Three months ended
| |
Year ended
|
|
December 31, 2011
|
September 30, 2011
|
December 31, 2010
| |
December 31, 2011
|
December 31, 2010
|
Ore mined (Kt)
|
364
|
416
|
387
| |
1,457
|
1,349
|
Ore processed (Kt)
|
325
|
404
|
362
| |
1,421
|
1,274
|
Gold grade (g/t)
|
3.1
|
2.9
|
3.8
| |
3.3
|
3.5
|
Gold production (Koz) - 100% (1)
|
27
|
34
|
30
| |
133
|
128
|
(1)Gold production for 2010 represents
gold in doré alloy. |
About High River
High River is an unhedged gold company with interests in
producing mines, development and advanced exploration
projects in Russia and Burkina Faso. Two underground
mines, Zun-Holba and Irokinda, are situated in the Lake
Baikal region of Russia. Two open pit gold mines,
Berezitovy in Russia and Taparko-Bouroum in Burkina Faso,
are also in production. Finally, High River has a
90% interest in a development project, the Bissa gold
project in Burkina Faso, and a 50% interest in an advanced
exploration project with NI 43-101 compliant resource
estimates, the Prognoz silver project in Russia.
distribué par | Ce noodl a été diffusé par High River Gold Mines Ltd. et initialement mise en ligne sur le site http://www.hrg.ca. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-18 15:21:17 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |