Perseus delivers a record gold production



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Image: Perseus Mining

The transformation of Perseus Mining into a West African multi-mine gold company has been planned until now in 2018.

The company sank its first gold at the # 39, operation Sissingué in Côte d 'Ivoire in January. , giving him a second mine in West Africa alongside Edikan in Ghana.

With the two mines in production, Perseus delivered 83,881oz and 147,908oz for the June and a half quarter, respectively, the company's two records.

achieved 255,916 ounces of gold production for the 2018 fiscal year, an increase of 45% over 2017 and within the limits of 250,000 to 28,000,000.

Jeff Quartermaine, CEO of Perseus, commented: "Over the last 18 months, Perseus has By steadily improving its production performance at Edikan, with the commissioning of our second mine, Sissingué, at the beginning of the year, we have succeeded in getting our production to another level, which allowed us to reach a number of "

Perseus' production quarterly record included 57,861 ounces from the Edikan mine and 26,020 eleven

Quartermaine indicated that the company would continue to grow beyond its 2018 fiscal year "The strong performance is important to Perseus as part of our next development, the mine of Gold of Yaure, which we plan to start to develop later this year, "Quartermaine said.

"On the basis of current market conditions, Yaouré is expected to be financed by internally generated cash reserves and by debts that are being developed. . "

The Yaouré project is also in Côte d'Ivoire.

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