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BRIEF-Red 5 Posts Qtrly Gold Production 20,077 Ounces At West Australian Gold Ops

Published 23/04/2020, 09:37 am
© Reuters.
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April 23 (Reuters) - Red 5 Ltd RED.AX :

* GOLD PRODUCTION FOR MARCH 2020 QUARTER OF 20,077 OUNCES AT WEST AUSTRALIAN GOLD OPERATIONS

* FOR WEST AUSTRALIAN GOLD OPERATIONS, FY2020 GUIDANCE BETWEEN 98,000 TO 102,000 OUNCES

* GROUP CASH ON HAND AND BULLION AT END OF MARCH A$14.11 MILLION

* FOR WEST AUSTRALIAN GOLD OPERATIONS, FY2020 GUIDANCE AT AISC OF A$1,570 - A$1,620 PER OUNCE

* AT WESTERN AUSTRALIAN GOLD OPERATIONS, QTRLY GOLD SALES OF 19,360 OUNCES VERSUS 27,740 OUNCES IN PRIOR QUARTER

* PRODUCTION EXPECTED TO RECOVER IN JUNE 2020 QUARTER, WITH EXPECTED RANGE OF BETWEEN 26,000 OUNCES TO 30,000 OUNCES AT WEST AUSTRALIAN GOLD OPERATIONS

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