DeZwarteRidder schreef op 6 augustus 2021 14:46:
Record Monthly Production From Nullagine Gold Project
T.NVO, V.NFG | 1 day ago
HIGHLIGHTS
Continuing excellent safety record with no LTIs recorded at the Company’s Beatons Creek conglomerate gold project (the “Nullagine Gold Project”)
Record monthly gold production of 8,589 oz Au in July, a 46% increase over June
7,899 ounces of gold sold in July, generating revenue of C$17.8 million1 (A$19.2 million), a 50% increase over June
Record number of grade control assays processed in July (> 68,000 PhotonAssays), expecting to clear the assay backlog by October 2021
Exploration drilling ongoing at near-mine and East Pilbara conglomerate and orogenic basement targets
July month-end cash balance of C$49 million, representing 6% growth since June
Fair value of Novo’s investments of approximately C$170 million2