San Gold Corporation Announces Preliminary Results of Operations at its Rice Lake Mining Complex in Manitoba, Canada for the First Quarter Ended March 31, 2013; Provides Production Guidance for 2013
The company expects to produce between 75,000 and 90,000 ounces of gold in 2013 with cash costs between $800 and $900. The company is also announced that it has received formal notice from the Manitoba government confirming the renewal of its mineral operating lease, ML-063, for a second 21-year term from April 1, 2013 to April 1, 2034.