Alio Gold Provides Third Quarter 2017 Update
ALIO GOLD CORP (ALO)
Last alio gold corp earnings: 8/10 07:00 am
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US:NYSE Investor Relations:
aliogold.com/investors
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Source: GlobeNewswire
VANCOUVER, British Columbia, Nov. 09, 2017 (GLOBE NEWSWIRE) -- Alio Gold Inc. (TSX:ALO) (NYSE AMERICAN:ALO) (“Alio Gold” or the “Company”), today reported its third quarter 2017 results. Production results were previously released on October 5, 2017. The Company will host a conference call at 11:00am ET today to discuss the results and the details of the call can be found at the end of the release. Third Quarter Highlights and Recent Developments Gold production of 19,429 ounces at an all-in sustaining cost1 (“AISC”) of $1,104 per ounce.Completed bought deal equity financing of C$50.4 million.Received formal Change of Land Use Permit at Ana Paula Project (“Ana Paula”).Advanced underground decline at Ana Paula:• Permit approved• Contracts awarded• Underground exploration program to start mid-2018Initiated surface exploration program targeting a zone north of the proposed pit at Ana Paula.Drill results from first two twinned holes at Ana Paula confirm the presence of high-grade
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