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Production pulls back Gleneagle's quarterly result

SHARES in Gleneagle Gold took a tumble yesterday after the company released a September quarterly report revealing that first production from the Fortnum gold project in Western Australia was about 29% below budget due to operational problems.

MiningNews.Net
Production pulls back Gleneagle's quarterly result

In its first full production quarter at Fortnum, the plant produced 5928oz of gold from the processing of 212,156 tonnes at 1.03 grams per tonne. Gleneagle budgeted processing at 223,000t at 1.35gpt gold....

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