Kinross reported that at the Kettle River-Buckhorn mine in Washington, U.S.A., 48,000 tonnes of ore were mined and production was 33,807 gold equivalent ounces. Gold equivalent ounces sold were lower than ounces produced due to timing of shipments, as production at the end of June was not sold until July 2009.
Kinross received final results received from the 21-hole 2008 Buckhorn exploration program for the quarter ended Mar31/09 and continue to support the presence of a separate mineralized skarn unit underneath the SWZ orebody. Work is continuing to target deeper repeats of the Buckhorn deposits and these recent results are considered highly encouraging.
During the quarter ended Mar31/09, At the Kettle River-Buckhorn mine, production ramped up as planned as the mine completed its first full quarter of operations, producing and selling 27,899 and 35,161 gold equivalent ounces respectively. Ounces sold were higher than ounces produced in the quarter due to the timing of shipments, as production in inventory at the end of 2008 was sold at the beginning of 2009.
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