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Finlay Minerals Announces the Start of Silver Hope Field Work
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Finlay Minerals Ltd. announces that the 2021 exploration field program will commence immediately on the newly discovered Equity East anomaly on its Silver Hope Property. The focus of the field program will be on the newly discovered Equity East Zone: a multi-element, 3 kilometer long soil anomaly, immediately down-ice … /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /
Finlay Minerals Ltd. (TSXV: FYL) (” Finlay ” or the ” Company “) announces that the 2021 exploration field program will commence immediately on the newly discovered Equity East anomaly on its Silver Hope Property.
United-statesUnited-kingdomBritishRobert-brownRobertf-brownNational-instrumentCenterra-gold-incNewmont-corpRegulation-services-providerVenture-exchangeFinlay-minerals-ltdEquity-east2021 Guidance Highlights
Copper production guidance of 70 to 80 million pounds.
Gold production costs guidance of $475 to $525 per ounce.
All-in sustaining costs on a by-product basis
NG guidance of $850 to $900 per ounce is higher than 2020 primarily due to Kumtor processing lower grade material from its stockpiles on surface.
All-in costs on a by-product basis
NG guidance of $1,175 to $1,230 per ounce.
Total capital spending guidance of $430 to $480 million including capitalized stripping is higher than 2020 due to increased spending at Kumtor and Mount Milligan.
Total capitalized stripping guidance of $230 to $245 million including $220 to $230 million at Kumtor primarily for mining cut-back 20 and $10 to $15 million at Öksüt.
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