[miningmx.com] – Gold One International (GDO) announced on Tuesday that gold production for the March 2011 quarter amounted to 26 188 ounces -a 21.9% increase from the December quarter’s production of 21 480 ounces.
The March quarter’s production is also in excess of the guidance of 25 000 ounces, the company noted. Full year guidance remains at 120 000 ounces.
The increase in gold production was largely attributable to the continued increase in stoping and development at Modder East, it said.
Operational and financial details for the March quarter will be provided in the March 2011 quarterly Report, to be released toward the end of April.
