Source: Antioquia Gold.
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  • Antioquia Gold (AG) has provided a summary of its operating results for the 2021 fourth quarter and full year
  • Production increased by 56 per cent year-over-year in the first quarter and by a total of 86 per cent in 2021
  • Antioquia Gold is a Canada-based mineral exploration and development company with property assets in Colombia
  • Shares in Antioquia Gold Inc. (AG) are up 33.33 per cent, trading at $0.04 per share

Antioquia Gold (AG) has provided a summary of its operating results for the 2021 fourth quarter and full year.

Production totalled 10,109 ounces of gold for the fourth quarter, a 56 per cent increase, and 37,855 ounces of gold in concentrates for the full year, an increase of 86 per cent.

Fourth quarter highlights

  • Production of 10,109 ounces of gold contained in concentrates, an increase of 56% over 2020
  • Average of 1,243 processed tonnes per day, an increase of 52% over Q4 2020
  • Gold head grade of 2.87g/t Au, an increase of 5% over Q4 2020
  • Gold Recovery of 95.7%, a decrease of 2%er Q4 2020

2021 year-end highlights

  • Production of 37,855 ounces of gold contained in concentrates, an increase of 86% over 2020
  • Average of 1,154 processed tonnes per day, an increase of 97% over 2020
  • Gold head grade of 2.89 g/t Au, a decrease of 5% over 2020
  • Gold Recovery of 96.7%, no significant change over 2020

“2021 has been a year of important growth for the company as we have almost doubled gold production compared to the previous year,” said Antioquia Gold president and CEO Gonzalo de Losada.

“I would like to extend my appreciation to all of our employees for their hard work and dedication that have allowed us to achieve these very satisfactory results.”

Antioquia Gold is a Canada-based mineral exploration and development company with property assets in Colombia.

The company’s Cisneros project covers approximately 5,630 hectares and is located in the central portion of the department of Antioquia, about 80 kilometres northeast of Medellin.

Shares in Antioquia Gold Inc. (AG) are up 33.33 per cent, trading at $0.04 per share as of 2:22 pm EST.

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