CAPITAL MARKETS

Red October taking shape for Saracen

WITH a solid performance from its Carosue Dam operations in Western Australia for the December quarter, development of Saracen Mineral Holdings’ high-grade Red October underground play is gathering momentum.

MiningNews.Net
Red October taking shape for Saracen

The company’s full-year guidance remains unchanged at 100,000-120,000 ounces gold and at cash costs of $A650-700/oz, while numbers in the March quarter are expected to total 25,000-28,000oz at cash costs...

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