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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by Dias1on Jun 25, 2012 10:42am
292 Views
Post# 20051027

RE: RE: RE: RE: RE: Press Release

RE: RE: RE: RE: RE: Press Release

President and CEO Robert Baldock of ......

https://www.monumentmining.com/s/home.asp

Jun 01, 2012

Monument's 2012 Third Quarter Results

Third Quarter Highlights include:

Gold production of 10,676 ounces at an average cash cost of $303 per ounce;

  • Revenue of $12.4 million generated from gold sales of 7,301 ounces;
  • The average realized price per ounce of gold sold was $1,698 compared to $1,404 for the corresponding quarter in the previous fiscal year, an increase of 21%;
  • Net operating income of $8.4 million or
    .04 per share compared to $10.3 million or
    .06 per share for the same quarter in fiscal 2011;
  • In February Monument closed its acquisition of a 70% interest in the Mengapur Polymetalic Project located in Pahang State, Malaysia. The Acquisition was closed using the Company's cash on hand.
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