Kaiser Reef's Strong March Quarter

0:00Kaiser Reef just dropped a solid March quarter report from its Australian Gold Ops, pumping out 5,534 ounces of gold, and stacking up $45.6 million in cash. That's a beefed up balance sheet heading into the next period, all while riding high gold prices. Henty Minas and Tasmania led the charge with 5,188 ounces of gold and 4,810 ounces of silver. During Victoria, the Maldon Project added 346 ounces as they ramp up processing. They also slashed their gold loan by 312 ounces, cutting debt by $2.2 million Australian dollars for full exposure to spot prices. Management's feeling good about this setup, with clear goals at both sites and no funding worries. The move clears the path for growth, especially with gold staying strong and operations humming in top tier spots. But Henty, they're pushing to stretch my life on 199,000 ounces of reserves and a 400,000

1:02ton plant. Maldon's doubling shifts for twice the throughput on 200,000 tons capacity, eyeing self-funding with plenty of feed ready, with 625,000 ounces in total resources across both. Kaiser Reef's prime to cash in on rising gold watch for better grades, and outputs by soon. I'm Corey with The Story, that's your sending news today update, AI powered and always on.