Elevation Gold Mining Corporation (TSE:ELVT) has released an update.
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Elevation Gold Mining Corporation reported a production of 6,303 ounces of gold and sold 5,850 ounces in Q1 2024, experiencing operational challenges due to ore hardness and wet conditions. The company noted improvements in mining efficiencies and expects better production in the upcoming quarter. Additionally, Elevation Gold commenced development on the Reynolds Pit and announced positive exploration results and a strategic reallocation of mining areas.
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