Update: Production on track, cost reductions ongoing
Orosur’s Q315 operational update underlines the company’s ability to stick to plan at its main San Gregorio gold mine. Although numerous deposits are mined concurrently, requiring disciplined mine planning and ore blending, operating results out of San Gregorio over the course of FY15 have been reassuringly consistent amidst a challenging gold price environment. As Orosur moves into its final quarter, we expect it to meet its FY15 production (50-55koz) and operating cost (US$850-950/oz) targets.Orosur Mining is a gold producer and exploration company focused on identifying and developing mineral opportunities either directly of through joint ventures.
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