Precious Metals
Inca One Gold Produces 3,648 Ounces Of Gold In December
After record feedstock deliveries were achieved in November, Inca One Gold (TSXV: INCA) has now recorded December as the “single
The post Inca One Gold…
After record feedstock deliveries were achieved in November, Inca One Gold (TSXV: INCA) has now recorded December as the “single most productive month on record.’ The firm this morning provided the market with its monthly update on its production data.
Inca One reportedly hit new all time highs across several categories, including gold production, tonnes processed, and ore purchased. The month saw total production of 3,648 ounces of gold, a 55% improvement from the 2,356 ounces produced in November, while beating the monthly production high of 3,436 ounces set back in December 2018.
The monthly gold production record was set followed the firm processing a total of 10,543 tonnes of feedstock across both its Chala One and Kori One processing plants in Peru. The production figures average out to 340 tonnes per day, a new high for the firm.
Finally, as a sign of what’s to come in January, the firm purchased a total of 9,401 tonnes of feedstock, compared to the 8,193 tonnes purchased through the month of November. The purchase marks the first time the firm has exceeded 9,000 tonnes in a single month.
Commenting on the success seen by the company, Inca One CEO Edward Kelly stated, “we accomplished two important milestones: monthly processing over an average of 300 tonnes per day and setting a new all-time high for monthly gold production. Our December processing total increased 126% over the average of the previous 11 months of 2021 and gold production increased 101% over the same 11 month period.”
Inca One Gold last traded at $0.315 on the TSX Venture.
FULL DISCLOSURE: Inca One Gold Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Inca One Gold Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
The post Inca One Gold Produces 3,648 Ounces Of Gold In December appeared first on the deep dive.
Author: Jay Lutz
Ground Breakers: Falling metal prices deliver hangover for Aussie miners
Gold stocks salvage something from the wreckage after a rough morning for Aussie miners BlueScope Steel rated a buy by … Read More
The post Ground Breakers:…
Are We Beyond the Worst?
Why Louis is optimistic … a strong retail report … global food insecurity is rising … “there’s always a bull market somewhere” … a special…
Stocks & Bond Yields Crater As The ‘American Consumer Is Strong’ Narrative Implodes
Stocks & Bond Yields Crater As The ‘American Consumer Is Strong’ Narrative Implodes
Yep, we went there and unleashed the ‘deer in headlights’…
Ground Breakers: Falling metal prices deliver hangover for Aussie miners
Oil falls on Venezuala and EU, gold dips
Daily market commentary: Gold prices hedged down, remaining under pressure from an increasingly hawkish Federal Reserve
Provenance Gold Offers New Projects in Nevada and Oregon
Timberline drills 3.85 g/t gold over 24.4 metres at Eureka, Nevada
New Gold Bull Market to Begin Soon
Peter Schiff: Don’t Listen To What The Fed Says; Look At What The Fed Is Doing
Goliath launches major Golden Triangle drill program
Analysts Mean recommendation for Coeur Mining Inc. (CDE) was 2.30: Is this the key time?
Stocks & Bond Yields Crater As The ‘American Consumer Is Strong’ Narrative Implodes
-
Energy & Critical Metals19 hours agoUranium Inventories Are Scarily Low – What that Means for Energy Security, Prices and New Projects
-
Lithium16 hours agoLithium industry needs to invest $42 billion by end of the decade to meet demand: BMI
-
Energy & Critical Metals19 hours agoTalon Metals Releases Record Length of High-Grade Nickel Mineralization at the Tamarack Nickel Project
-
Energy & Critical Metals21 hours agoIberdrola Australia signs green power deals with Woolworths Group
-
Financing News16 hours agoMAS Gold Announces New Terms for Private Placement Financing
-
Financing News19 hours agoWhite Gold Corp. Announces Fully Funded $6 Million 2022 Exploration Program on its District Scale Land Package, Yukon, Canada
-
Economics18 hours agoLost Decade On Menu As Yields Collide With 3% Hurdle
-
Energy & Critical Metals19 hours agoNevada Sunrise Receives Final Lithium Analyses from Borehole GEM22-02 – Mineralized Intersection Improves to 1,101 ppm Lithium over 730 Feet at the Gemini Lithium Project, Nevada
