Fiore Gold boasts 19% increase in gold output
(Kitco News) - Fiore Gold (TSXV: F) today announced that the company produced 10,915 oz of gold during its fiscal second quarter ("Q2") of 2021 (quarter ending March 31, 2021) at the company's Pan open pit mine in White Pine County, Nevada.
The company said that gold output was 19% higher compared to Q1 2021 as heap leach pH levels improved during the quarter. Gold loaded to carbon, which is reflective of gold production, trended upward through the quarter with monthly figures of 3,294 ounces in January, 3,483 ounces in February and 4,155 ounces in March.
Fiore added that the Pan heap leach pad expansion project is progressing well with first ore expected to be placed on the new portion of the pad in fiscal Q3.
The company noted that it is very excited by the continued exploration success from drilling at Gold Rock. The progress continues to support Fiore's key goal of operating Pan and Gold Rock projects in unison, doubling the company's production organically in Nevada.