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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:33 EDTANVAllied Nevada Gold provides exploration update for Hycroft mine
Allied Nevada Gold is providing an update on recent drilling at its wholly owned Hycroft mine, located near Winnemucca, Nevada highlighted by 149 meters of 0.41 g/t Gold and 70.35 g/t Silver, or 1.64 g/t Gold Equivalent. Drilling on the property in 2012 was comprised of 265 holes totaling approximately 77,900 meters.
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April 8, 2014
14:51 EDTANVAllied Nevada Gold achieves Q1 production and sales targets
Allied Nevada Gold reports that Q1 production and sales targets were achieved at its wholly owned Hycroft mine in Nevada. Preliminary first quarter 2014 production and sales were as follows: 60,114 ounces of gold produced, 412,506 ounces of silver produced, 59,470 ounces of gold sold, 406,234 ounces of silver sold. "Overall, we continue to see improved operational performance at Hycroft," commented CEO Randy Buffington. "Our silver to gold ratio improved steadily through the second half of 2013 to date as we increased the percentage of our metal produced as dore. We look forward to the benefits that the crusher is expected to bring us in the second quarter with increased recoveries for both metals, which we believe should result in a further increase of the silver to gold ratio."

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