Scotgold Resources Ltd reported record production for April and May from its Cononish gold mine in Scotland.
The AIM-traded miner produced a combined 1,984 ounces of gold and 10,810 ounces of silver for the two months.
And said it is on track to achieve the upper quartile and/or exceed its second-quarter output target of 2,600 - 3,200 ounces of gold.
“We are pleased to report that April and May have delivered record profitable gold production, a trend we expect to continue in June and the rest of 2022, in line with our mine schedule,” said chief executive Phil Day.
“Crucially, as we continue to develop the mine and access areas to stope mine - cut and fill, our mining visibility, mining efficiencies, gold grade definition and control further improve which places us in an ideal position to implement the processing plant and mine optimisation plans to yield further growth.”
For April and May, it sold 226.6 dry metric tonnes of gold concentrate for £2.4mln.
The company is hosting an investor webinar today at 17:30 BST via the Investor Meet Company platform.