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home / news releases / MGLQF - Magna Gold reports Q2 results

MGLQF - Magna Gold reports Q2 results

Magna Gold Corp
  • Magna Gold press release ( OTCQB:MGLQF ): Q2 strip-ratio was 3.5:1 compared to 4.0:1 during Q2 2021.
  • Revenue of $21M (-0.9% Y/Y).
  • Total tonnes mined during Q2 2022 were 5.9M compared to 6.1M during Q2 2021.
  • Tonnes of ore processed during Q2 2022 were 1.4M compared to 1.3M during Q2 2021.
  • Ore mined grade from June 2020 to date averages 0.39 g/t Au, which is within 5-10% of the grades set forth in the technical report dated August 8, 2020.
  • Gold production of 10,795 ounces during Q2 2022 compared to 11,713 ounces during Q2 2021.

For further details see:

Magna Gold reports Q2 results
Stock Information
Company Name: Magna Gold Corp
Stock Symbol: MGLQF
Market: OTC
Website: magnagoldcorp.com
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