2024-01-22 | TSX:MSA | Press Release

Date:

(all amounts expressed in U.S. dollars)

MEDELLIN, Colombia, January 22, 2024 /CNW/ – Mineros S.A. (TSX: MSA) (MINEROS: CB) (“Mineros” or the “Company”) is pleased to announce that it achieved its production guidance for 2023. Mineros is also pleased to provide its production and cost guidance for 2024.

2023 Full Year and Fourth Quarter Production:

  • 250,769 ounces of gold produced for the full year, within the Company’s 2023 production guidance range of 239,000 – 262,000 ounces.
  • 62,039 ounces of gold produced in the fourth quarter.

2024 Production and Cost Guidance:

  • Gold production of 209,000 to 229,000 ounces in 2024, a decrease of approximately 13% over its 2023 guidance, as a result of the sale of the Company’s Gualcamayo Property in September 2023.
  • Cash cost (“Cash Cost”)1 per ounce of gold sold is expected to increase slightly to between $1,180 to 1,270 in 2024 ($1,170 to 1,270 in its 2023 guidance).
  • All-in…

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