Gold Road Reports Record Quarterly Production in June 2020

  • Jul 26, 2020 AEST
  • Team Kalkine

Gold Road Resources (ASX:GOR) reported to be in line with its FY20 guidance between 250,000 to 285,000 ounces, producing record 71,865 ounces of gold in the June quarter.

  • 28,700 ounces of gold was sold at an average price of $2,498 per ounce
  • Revenue of $71.8 million was generated during the quarter, and the company has cash and equivalents position of $84.1 million
  • Gold Road became debt-free by repaying residual $25 million of debt on 21 July 2020

 


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