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January 7, 2013
16:09 EDTBRDBrigus Gold sees 2013 gold production 90,000-100,000 ounces
Brigus' production guidance for 2013 is 90,000-100,000 ounces and cash costs are anticipated to stabilize in the range of $700-$750 per ounce. Capital costs for 2013 are forecaste as follows; $16M for underground development, $13M for open pit capital stripping and overburden removal, $20M for property plant, equipment and other capital items, and $10.5M for Grey Fox and Black Fox underground exploration. Capital costs for the development of the Grey Fox mine will be outlined in the feasibility study scheduled to be released during 2H13.
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