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News Breaks | | | | October 30, 2012 | | 08:11 EDT |  | PQ | PetroQuest Energy provides snapshot of Medusa
Medusa Mining provided a snapshot of Medusa including: Un-hedged, low cost, dividend paying gold producer focused on organic growth in the Philippines; growth path to annualised production of 400,000 ozs per year by end 2015; growth underpinned by strong cashflow from Co-O Mine; FY12/13: production guidance of 100-120,000 ozs at cash costs circa US$210/oz; current Mineral Resources comprise; co-O Mine: Indicated 715k ozs at 11.8 g/t gold; Inferred 1,304k ozs at 9.4 g/t gold; bananghilig: Inferred 1,100k ozs at 1.63 g/t gold; current Probable Reserves : Co-O Mine 568k ozs @ 9.7 g/t gold; co-O Mine Resources and Reserves to be maintained at current levels; conceptual exploration target size of Co-O Mine of 3M-7M ozs; excellent exploration upside: high grade vein and disseminated bulk gold targets, plus eight copper targets; and 820 km2 of tenements and exploration revised budget for FY 2012/13 of $30M. | |
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News For PQ From The Last 14 Days Check below for free stories on PQ the last two weeks. |
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| May 7, 2013 | | 05:59 EDT |  | PQ | PetroQuest Energy reports Q1 EPS 4c, consensus 2c
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