Expect lower costs at Elle Valle as more oxide productionOrvana is targeting higher gold grade oxides at the Elle Valle mine site. This process will go beyond Q3 2017.Do expect lower unitary costs reported at Q4 report. Expect costs for Ele Valle to lower again for Q4, reducing overall costs again.
"The Company expects to increase the proportion of higher gold grade oxide ore processed in the plant in order to continue to increase gold ounces produced beyond fiscal 2017. It is anticipated that this strategy will also positively impact El Valle’s unitary costs."