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Read MoreGold equivalent production of 16,255 GEO for Q2; On track for Full year guidance of 50,000-60,0000 GEO
Adjusted EBITDA of $14.7 million for Q2
Operating results for Q2 highlight stable operating performance which is expected for the remainder of the year
Recent 43-101 Mineral Resource Update and Preliminary Economic Assessment Completed for MDN showing an NPV5% of $111MM at $2,100 oz gold price over a 5 year mine life
Drilling at Valentre target intersects 3.98 g/t Au over 8.7m and 1.82 g/t Au over 14.35m
Confirms continuity of mineralization between Central Duparquet pit and Dumico pit and demonstrates resource expansion opportunity
Company to Share New Vision for Growth
Update on steps to realign and simplify its business structure, bring a stronger focus to serving customers, enable a more competitive cost model, and better position the company for future growth and improved profitability