(ND:TSX)
Some stories require a good pre-amble in order to insure that investors really understand the importance of a news release … this isn’t one of them. Quite simply, the numbers speak for themselves. New Dawn Mining is producing and selling gold at increasing levels every single month. As always, assume I am horribly conflicted by the fact that New Dawn Mining is an AGORACOM client.
Congratulations to Ian Saunders and his team for this continued success. With gold breaking through $US 1,115 this morning, their production and sales timing could not be better.
Regards,
George
New Dawn’s Turk Mine Gold Production Increases 20% Month Over Month
Highlights Include:
- Gold production for October 2009 was 1,235 ounces or 38.42 kg’s, as compared to September 2009 gold production of 1,029 ounces or 32 kg’s, an increase of 20%
- Gold sales for October 2009 were US$1,334,635 at an average gold price of US$1,039 per ounce
- At October 2009 month-end, an additional 558 ounces or 17.35 kg’s of gold were awaiting export for sale in South Africa, which will be included in November 2009 sales
- 100% of gold sales were received in US Dollars
- October 2009 marks the 7th consecutive month of increased gold production
- October 2009 was the highest level of gold production during calendar 2009 and the largest month over month percentage increase since production resumed in March 2009
Click on link below to read entire press release:
November 11, 2009 – New Dawn’s Turk Mine Gold Production Increases 20% Month Over Month – Seven Consecutive Months of Gold Production Increases
Consistency speaks for itself. However, i would like to see another deal in place aside from the Turk Mine.