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Mangazeya Mining Ltd WHTGF

Mangazeya Mining Ltd is engaged in mineral exploration, development and production with a strategic focus on mineral properties in the Russian Federation with demonstrated potential for hosting economic mineral deposits consisting primarily of gold. The company's projects include Savkinskoye Deposit, Nasedkino gold ore, Zolinsko-Arkiinskaya, and Koryakmining. All of the company's revenues are derived from operations in the Russian Federation.


GREY:WHTGF - Post by User

Bullboard Posts
Comment by production05on Oct 13, 2016 8:52am
142 Views
Post# 25338484

RE:Q3 2015 (last year) we produced 15,985 gold ounces

RE:Q3 2015 (last year) we produced 15,985 gold ouncesThe Q3 production release NR last year (2015) was dated October 20th and posted on SEDAR on October 21st.  As such, the Q3 2016 production numbers will likely not be released for another week or two.  

Here is the 2015 gold production by quarter:

Q1 -  zero ounces
Q2 -  5,054 
Q3 - 15,954
Q4 - 12,900

Total 2015 = 33,919 ounces of gold production

As you can see, Q3 and Q4 of 2015 were both very strong gold production quarters for us.  Let`s hope Q3 and Q4 of 2016 will be similar.

Here is the actual gold production profile for 2016 thus far:

Q1 -  1,850 ounces
Q2 -  6,300 
Q3 -  To be determined
Q4 -  To be determined

Production for the first 2 quarters in 2015 totalled 5,054 gold ounces.  We are ahead of that pace in 2016 by 3,100 gold ounces.  Total for the first 2 quarters in 2016 is 8,100 ounces.

We produced 28,850 gold ounces in Q3 and Q4 (in total) last year.  Let`s see if we can do the same as Q3 and Q4 last year.  



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