Dec 15 Q3sedar.com
FINANCIAL AND OPERATIONAL HIGHLIGHTS Financial highlights for the nine months ended October 31, 2022
Revenue of $6,766,654
Gross loss of $1,095,860
Working capital balance of $1,959,183 as of October 31, 2022
Closing cash balance of $5,209,162 as of October 31, 2022
Loss and comprehensive loss of $4,905,820 and adjusted EBITDA1 of negative $2,805,706
Operating highlights for the nine months ended October 31, 2022
Crushed ore sales of 3,588 ounces of gold at an average realized price1 of $1,866 per ounce
Mined ore production of 34,182 tonnes at a grade of 3.62 grams per tonne (“g/t”)
Cash cost per ounce of crushed ore sold1 of $2,191