Gruyere 2020 Guidance and Resource Upgrade

Gold Road report Gruyere 2020 production guidance and a 1.2 million ounce upgrade to Measured and Indicated Resources for the Gruyere Joint Venture within its Annual Mineral Resource and Ore Reserve Statement as at December 2019. 

2020 annual guidance:

  • Gruyere gold production of 250,000 – 285,000 ounces (125,000 – 142,500 ounces
    attributable). Gold Road all‐in‐sustaining costs (AISC) between A$1,100 – A$1,200
    per attributable ounce
  • Exploration budgeted at A$26 million

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