Published on: 1/23/2014 10:36:12 AM Print | Font Sizes:  Normal Text Large Text

Brigus releases 2013 production highlights

By: Northern Ontario Business staff

Brigus Gold Corp. reported annual production of 98,710 ounces of gold from its Black Fox mine in Timmins, including fourth quarter production of 21,916 ounces of gold.

The Black Fox complex encompasses the Black Fox Mine and adjoining properties in the Township of Black River‐Matheson.

Brigus sold 99,235 ounces of gold in the year, including 20,582 in the fourth quarter of 2013. It had an average grade of 4.34 gpt and average recovery of 93.9 per cent for the year, including an average grade of 3.53 gpt and average recovery of 93.5 per cent in Q4 2013.

The mine had a throughput of 2,063 tonnes per day milled, 752,959 tonnes milled for the year, including throughput of 2,249 tonnes per day milled and 206,914 tonnes milled in Q4 2013.

There was an average realized gold price of $1,413 for the year, including $1,271 in Q4 2013.

Brigus is currently in the process of being acquired by Primero, a Toronto-based precious metals producer with operations in Mexico.

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