Marlin Gold – Ships 10,121 Ounces Gold in January at US$290 per Ounce Total Costs at La Trinidad
Since September 15, 2016, when Marlin began consistently mining the high grade HS Zone, the Company has stacked 66,923 ounces of gold with 7,447 coming in January alone. The tonnes stacked in January had an average grade of approximately 1.87 grams per tonne. In addition, Marlin has built up an approximately 485,000-tonne stockpile of mineralized material with an average grade of approximately 1.37 grams per tonne. Management expects to process grades similar to the average stockpile grade as we accelerate mining to reach the southern part of the high grade HS Zone by the third quarter of this year.