Elevation Gold Mining Corporation (TSE:ELVT) has released an update.
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Elevation Gold Mining Corporation reported a total revenue of $12.9 million for the first quarter of 2024, alongside production of 6,303 ounces of gold and 42,152 ounces of silver. Despite operational challenges, the company anticipates improved production and efficiency in the upcoming quarter due to advancements in mining operations and a favorable gold market. However, the company did face a loss for the period, amounting to $4.177 million.
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