Galore Announces Shareholder Loan
August 11, 2023
The lender has provided the Company with a cash loan of USD $20,000.
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The lender has provided the Company with a cash loan of USD $20,000.
“Production and per ounce costs are largely on plan for the first half of the year, placing the Company on track to meet its full year production and cost guidance targets set at the beginning of the year. We continue to ramp up the mill at Magino to steady-state and are expecting to achieve commercial production in the third quarter of this year. The plant has been running at or above nameplate throughput capacity when operating,” stated Marc Leduc, Chief Operating Officer of Argonaut Gold.
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