Inactive Instrument

Alacer Gold Corp.

Equities

ASR

CA0106791084

Alacer Gold Corp. Announces Unaudited Operating Results for the Fourth Quarter and Full Year of 2016 for Its Çöpler Gold Mine; Provides Production Guidance for the Year 2017; Provides Capital Expenditure Guidance for the Year 2017

January 17, 2017 at 04:30 pm IST

Alacer Gold Corp. announced unaudited operating results for the fourth quarter and full year of 2016 for its Çöpler Gold Mine. The company announced Çöpler's 2016 gold production of 119,036 ounces.

For the quarter, the company announced Çöpler's gold production of 33,861 ounces.

For the year 2017, the company estimates Sulfide tonnes mined to be 4 million.

For the year 2017, the company estimates Çöpler sustaining capital expenditure of $12 million, Çöpler sulfide capital expenditure of $420 million, exploration expenditure of $15 million.

Latest news about Alacer Gold Corp.

Alacer Gold Corp.(TSX:ASR) dropped from S&P/TSX Composite Index	21/20/21	CI
Alacer Gold Corp.(TSX:ASR) dropped from S&P/TSX Capped Composite Index	21/20/21	CI
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Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX All Ordinaries Index	17/20/17	CI
Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX Small Ordinaries Index	17/20/17	CI
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Transcript : Alacer Gold Corp., Q2 2020 Earnings Call, Aug 14, 2020	15/20/15
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Transcript : Alacer Gold Corp. - Shareholder/Analyst Call	10/20/10
Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX Emerging Companies Index	22/20/22	CI
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Transcript : Alacer Gold Corp., SSR Mining Inc. - M&A Call	11/20/11

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Company Profile

Alacer Gold Corp is an intermediate gold producer. The Company operates in one reportable operating segment consisting of mining, development and exploration of mineral deposits in Turkey. It holds interest in the Copler Gold Mine (Copler) in Turkey. Copler is located in east-central Turkey in the Erzincan Province, approximately 1,100 kilometers southeast from Istanbul and 550 kilometers east from Ankara. Its Copler project is an epithermal gold-silver-copper deposit. The Copler plant has the capacity to process approximately 17,000 tons per day of oxide ore. It also operates the Sulfide Plant. It also owns the Cakmaktepe Project, which is located approximately five kilometers (km) from the Copler Gold Mine.

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