For Q3FY17, Alacer Gold Corp (ASX:AQG)

For Q3FY17, Alacer Gold Corp (ASX:AQG) produced 32,918 ounces of gold, while attributable gold production was at 26,334 ounces. Total Cash Costs (C2) per ounce stood at $711 and All-in Sustaining Costs per ounce was at $898. Further, in early April, mining of the higher-grade west pit commenced with the receipt of the pasture permit and re-confirms 2017 production guidance of 160,000 to 180,000 ounces. Gold production in the first half of the year is expected to be between 35-40% of full year production. Moreover, expansion of the existing heap leach pad to 58 million tones continues to advance, while sulfide stockpiles at March 31, 2017 were 7.2 million tones at an average grade of 3.36 g/t gold. Meanwhile, stock has fallen by 17% in the last three months as on June 07, 2017.

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