NORTON BLITZES PRODUCTION GUIDANCE

Written on the 8 July 2013 by James Perkins

NORTON BLITZES PRODUCTION GUIDANCE

Norton Gold Fields (ASX:NGF) has enjoyed a golden run at its Paddington mine, smashing production forecasts for the half year to June 30.

The Brisbane-based company pumped out 85,517 ounces of gold for the period, well over guidance of between 76,000, 80,000 ounces.

Early completion of the ball mill head replacement during the June quarter enabled the mine to boost production, while throughput and grade were slightly higher than forecast in the quarter.

Managing director and chief executive officer Dr Dianmin Chen paid tribute to his staff and contractors.

“The gold production results announced today are a testament to the skills and dedication of our staff in planning, executing and delivering results according to, or ahead of, plan,” says Chen.


“These figures reflect Norton’s commitment to increasing gold production in a sustainable and responsible manner, and support the company’s vision of becoming a leading long-term gold producer.”

NGF quarterly report is expected this month.

 
Author: James Perkins Connect via: Twitter LinkedIn

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