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Alacer Gold announces 2015 year-end operating and financial results
Alacer Gold announces 2015 year-end operating and financial results Alacer Gold an...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n\nAlacer Gold announces 2015 year-end operating and financial results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen1{\nBORDER-BOTTOM:0pt; BORDER-LEFT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt; BORDER-RIGHT:0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n\n\n\n\n\n\nAlacer Gold announces 2015 year-end operating and financial results\nCanada NewsWire\nTORONTO, Feb. 8, 2016\n\n\n\nTORONTO, Feb. 8, 2016 /CNW/ - Alacer Gold Corp. (\"Alacer\" or the \"Corporation\") [TSX: ASR and ASX: AQG] announced today that it has filed its operating and financial results and related management's discussion and analysis (\"MD&A\") for the full-year ended December 31, 2015. The corresponding financial statements and MD&A are available on www.AlacerGold.com and on www.SEDAR.com. All currencies referenced herein are denominated in USD unless otherwise stated.\n\nRod Antal, Alacer's President and Chief Executive Officer, stated, \"In 2015 the Corporation delivered both operating and cost targets. The Çöpler Gold Mine met full-year production guidance, producing 204,665 ounces of gold at Total Cash Costs[1] of $482 an ounce and All-in Sustaining Costs1 of $690 per ounce. \n\nIn 2016, we anticipate another strong year, as Çöpler will produce between 150,000 – 170,000 ounces of gold at Total Cash Costs1 of $575 to $625 an ounce. Alacer remains focused on its exploration efforts in the Çöpler District and based on the recent drill results, we are optimistic that we will be able to extend the oxide production at Çöpler. \n\nThe Corporation also continues to advance detailed engineering for the Sulfide Project while we await approval of the land-use permits.\"\n\nHighlights \n\nStrategic\n\n\nAn updated NI 43-101 Technical Report was issued on March 30, 2015, increasing Çöpler's reserves and increasing Life-of-Mine gold production by over 800,000 ounces. \nOn December 9, 2015, the Corp...