New Found Gold declares commercial production at Hammerdown Gold Mine
New Found Gold Corp. says its Hammerdown Gold Mine has entered commercial production after 60 days averaging ~748 tpd, with 87.7% recovery and 2.92 g/t Au feed. The company targets 20–25K oz/year at an AISC of approximately $2,500/oz.
New Found Gold Corp. 92 g/t Au feed. The company said it is targeting 20—25K oz/year at an AISC of approximately $2,500/oz.