Average Total Cash Cost(1) of Approximately $465 Per Ounce for the Second Quarter
Q2 2011 Earnings Release Date and Conference Call Details
RENO, NEVADA -- (Marketwire) -- 07/27/11 -- Allied Nevada Gold Corp. ('Allied Nevada' or the 'Company') (TSX: ANV)(NYSE Amex: ANV) is pleased to announce preliminary operating results for the second quarter of 2011 for its wholly owned Hycroft mine, located near Winnemucca, Nevada. The mine produced 22,783 ounces of gold and 93,221 ounces of silver in the second quarter of 2011. Second quarter 2011 gold sales were as expected with 20,293 ounces while silver sales of 85,092 ounces at a total cash cost(1)of approximately $465 per ounce. Gold production was as expected, while silver production exceeded expectations due to higher than planned grades mined.
[...]