share_log

Press Release: Harte Gold Reports Third Quarter 2021 Results and Provides Operational Update

Press Release: Harte Gold Reports Third Quarter 2021 Results and Provides Operational Update

新聞稿:Harte Gold報告2021年第三季度業績並提供最新運營情況
Dow Jones Newswires ·  2021/11/02 07:50

Harte Gold Reports Third Quarter 2021 Results and Provides Operational Update

Harte Gold報告2021年第三季度業績並提供最新運營情況

Canada NewsWire

加拿大新聞通訊社

TORONTO, Nov. 1, 2021

多倫多,2021年11月1日

TORONTO, Nov. 1, 2021 /CNW/ - HARTE GOLD CORP. ("Harte Gold" or the "Company") (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) announced today its results for the three months ended September 30, 2021.

多倫多,2021年11月1日/cnw/-Harte Gold Corp.亞洲網法蘭克福9月30日電(“Harte Gold”或“公司”)(多倫多證券交易所市場代碼:HRT)(場外交易代碼:HRTFF)(法蘭克福市場代碼:H4O)今天公佈了截至2021年9月30日的三個月的業績。

The Company's unaudited financial results for three months ended September 30, 2021 ("Q3 2021"), together with its Management's Discussion and Analysis ("MD&A") for the corresponding period, can be accessed under the Company's profile on www.sedar.com and on the Company's website at www.hartegold.com. All currency references in this press release are in Canadian dollars except as otherwise indicated.

本公司截至2021年9月30日止三個月的未經審核財務業績(“2021年第三季度”),連同同期管理層的討論及分析(“MD&A”),可在公司簡介www.sedar.com或本公司網站www.hartegold.com查閲。除非另有説明,本新聞稿中的所有貨幣參考均以加元表示。

Q3 2021 Highlights:

2021年第三季度亮點:


-- Liquidity position: Cash on hand at September 30, 2021 was $11.4 million
($11.9 million at June 30, 2021). Based on the Company's updated outlook
and guidance for 2021, the Company will require additional funding prior
to the end of 2021 to continue operating and to conclude the Strategic
Review Process. The Company's liquidity position is further discussed
below under "Liquidity and Capital Resources".
-- Gold production: Total production of 15,260 oz Au for Q3 2021 compared to
11,283 oz Au in Q2 2021 and 6,218 oz Au in Q3 2020. Production was
positively impacted by increased throughput and grade. Cumulative gold
production to-date is 38,319 ounces for 2021.
-- Mine capital development: Averaged 10.4 metres per day in Q3 2021
compared to 10.0 metres per day in Q2 2021 and 9.2 metres per day in Q3
2020. Development to the Middle Zone was temporarily suspended in Q2 2021
to manage cash and liquidity and support the Strategic Review Process.
-- Ore tonnes processed: Average throughput rate of 771 tonnes per day (tpd)
for Q3 2021 compared to 674 tpd in Q2 2021 and 649 tpd in Q3 2020.
Increased throughput was a function of improved mine production resulting
in more tonnes delivered to the mill.
-- Head Grade: Increased to 7.1 g/t Au, compared to 6.1 g/t Au in Q2 2021
and 5.7 g/t Au in Q3 2020, due to higher grade areas of ore body being
mined.
-- Continued quarterly improvements and the Strategic Review Process:
-- Q3 2021 proved to be an operationally successful quarter and a notable
improvement from Q2 2021, in part due to ongoing operational improvements
and focused capital and sill development.
-- However, the short-term cash preservation actions continue, including the
curtailment of various sustaining and expansion capital including
development of the Middle Zone, which are anticipated to negatively
impact production in Q4 2021.
-- As the Company outlined in a press released dated May 13, 2021, there are
critical areas of the operation that must be addressed in order to see a
sustainable, consistent increase in production.
-- These four areas include bolstering the mine workforce, accelerating
infill drilling, accelerating mine capital development, and reinforcing
the underground mobile equipment.
-- These initiatives require additional capital. In the absence of securing
the financial liquidity to address these initiatives, the Company
continues to expect that future production will be negatively impacted
-- Revenues: $32.2 million in revenue from 14,669 oz Au sold for Q3 2021
compared with $26.1 million in revenue from 11,855 oz Au in Q2 2021 and
$12.2 million in revenue from 4,882 oz Au sold in Q3 2020.
-- Net loss: $3.1 million net loss in Q3 2021 compared with $0.9 million net
loss in Q2 2021 and $11.8 million net loss in Q3 2020.
-- Mine Operating Cash Flow[1]: $13.7 million in Q3 2021 compared with $9.3
million in Q2 2021 and $4.7 million in Q3 2020.
-- EBITDA1: $5.7 million for Q3 2021 compared with $3.1 million for Q2 2021
and negative $0.7 million in Q3 2020.
-- Cash Cost1: US$1,014/oz in Q3 2021 compared with US$1,159/oz in Q2 2021
and US$1,177/oz in Q3 2020.
-- AISC1: US$1,798/oz in Q3 2021 compared with US$2,033/oz in Q2 2021 and
US$2,197/oz in Q3 2020.
-- Mine Capital development: $5.5 million invested in Q3 2021.
-流動性狀況:截至2021年9月30日,手頭現金為1140萬美元(2021年6月30日為1190萬美元)。根據公司的最新展望和2021年的指導,公司將需要額外的資金到2021年底,繼續運營並完成戰略審核流程。進一步討論了公司的流動資金狀況以下是“流動資金和資本資源”一節。-黃金產量:2021年第三季度黃金總產量為15260盎司,與去年同期相比2021年第二季度為11,283盎司Au,2020年第三季度為6,218盎司Au。生產是吞吐量和檔次的提高帶來了積極影響。累積黃金到目前為止,2021年的產量為38,319盎司。-礦山資本開發:2021年第三季度平均每天10.4米相比之下,2021年第二季度每天10.0米,第三季度每天9.2米2020年。中區發展於2021年第二季度暫停管理現金和流動資金,並支持戰略審查進程。--礦石加工噸:平均日處理量為771噸與2021年第二季度的674 tpd和2020年第三季度的649 tpd相比,2021年第三季度的日產量分別為674 tpd和649 tpd。生產能力的增加是礦山生產改善的結果之一。以更多的噸運往工廠。-頭部品位:從2021年第二季度的6.1克/噸金增加到7.1克/噸金2020年第三季度Au 5.7g/t,這是由於礦體品位較高的地區地雷。-持續的季度改進和戰略審查進程:-2021年第三季度被證明是運營成功的季度,值得注意比2021年第二季度有所改善,部分原因是持續的運營改進和專注於資本和基座的發展。-然而,短期現金保存行動仍在繼續,包括削減各種維持和擴張資本,包括中部地區的發展,預計將帶來負面影響影響2021年第四季度的生產。-正如該公司在日期為2021年5月13日的新聞稿中概述的那樣,有必須解決的操作關鍵區域才能看到可持續、持續的產量增長。-這四個方面包括加強礦山勞動力隊伍,加快加密鑽探,加快礦山資本發展,加強地下移動設備。-這些舉措需要額外的資金。在沒有固定的情況下為解決這些舉措的財務流動性,本公司繼續預計未來的生產將受到負面影響-收入:2021年第三季度銷售14,669盎司Au的收入為3220萬美元相比之下,2021年第二季度來自11855盎司Au的收入為2610萬美元,2020年第三季度銷售的4,882盎司Au的收入為1,220萬美元。-淨虧損:2021年第三季度淨虧損310萬美元,而淨虧損為90萬美元2021年第二季度虧損,2020年第三季度淨虧損1180萬美元。--礦山經營現金流[1]:2021年第三季度為1370萬美元,而2021年第三季度為930萬美元2021年第二季度為470萬美元,2020年第三季度為470萬美元。-EBITDA1:2021年第三季度為570萬美元,而2021年第二季度為310萬美元2020年第三季度為負70萬美元。--現金成本1:2021年第三季度為1,014美元/盎司,而2021年第二季度為1,159美元/盎司2020年第三季度為每盎司1177美元。-AISC1:2021年第三季度為1,798美元/盎司,而2021年第二季度為2,033美元/盎司2020年第三季度每盎司2,197美元。-礦山資本開發:2021年第三季度投資550萬美元。

Q3 2021 Operating and Financial Summary:

2021年第三季度運營和財務摘要:

                         3 months ended 
September June30 March31 December September
30 31 30
Units 2021 2021 2021 2020 2020
Operating
Performance
Ore Tonnes
Processed Tonnes 70,922 61,354 64,418 46,288 36,367
Average
Daily
Throughput tpd 771 674 716 503 649
Head Grade g/t Au 7.1 6.1 6.1 7.7 5.7
Recovery % 94.9% 94.1% 93.7% 95.0% 93.4%
Gold Ounces
Produced oz 15,260 11,283 11,776 10,835 6,218
Gold Ounces
Sold oz 14,669 11,855 12,349 9,228 4,882
Key
Financial
Data
Revenues,
net 000 $ 32,207 26,054 27,368 21,950 12,215
Mine
Operating
Cash
Flow(1) 000 $ 13,701 9,343 9,152 8,679 4,690
EBITDA(1) 000 $ 5,278 3,101 1,606 1,935 (677)
Net income /
(loss) 000 $ (3,062) (920) 5,833 10,562 (11,750)
Net increase
/
(decrease)
in cash 000 $ (468) (9,184) 12,806 (13,185) 16,511
Cash on hand
at end of
period 000 $ 11,402 11,870 21,054 8,248 21,433
Key
Statistics
Average
Realized
Gold
Price(1) US$/oz 1,752 1,798 1,768 1,843 1,898
Realized
Gold Price
After
Hedge(1) US$/oz 1,625 1,631 1,491 1,547 1,374
Cash
Operating C$/tonne
Cost processed 265 277 287 291 210
Cash Cost(1) US$/oz 1,014 1,159 1,183 1,122 1,177
AISC(1) US$/oz 1,799 2,033 1,916 2,882 2,197
________________________
(1) Mine Operating Cash Flow, Average Realized Gold
Price, EBITDA, Cash Cost and AISC are non-IFRS measures,
refer to the definitions of non-IFRS measures in the
Company's MD&A for a reconciliation
截至3個月9月6月30日3月31日9月                         30                           31          30 2021台2021台2021台2020台2020台運營中性能礦石噸加工噸70,922 61,354 64,418 46,288 36,367平均值每天吞吐量tpd 771 674 716 503 649頭級g/t Au 7.1 6.1 6.1 7.7 5.7回收率%94.9%94.1%93.7%95.0%93.4%黃金盎司生產了15,260 11,283 11,776 10,835 6,218盎司黃金盎司售出盎司14,669 11,855 12,349 9,228 4,882鑰匙金融數據收入,淨額000美元32,207 26,054 27,368 21,950 12,215我的運營中現金流量(1)000$13,701 9,343 9,152 8,679 4,690EBITDA(1)000$5,278 3,101 1,606 1,935(677)淨收入/(虧損)000$(3,062)(920)5,833 10,562(11,750)淨增長 / (減少)現金000$(468)(9,184)12,806(13,185)16,511手頭現金在結束時期間000元11,402 11,870 21,054 8,248 21,433鑰匙統計數據平均值已實現黃金價格(1)美元/盎司1,752 1,798 1,768 1,843 1,898已實現金價之後對衝(1)美元/盎司1,625 1,631 1,491 1,547 1,374現金營業加元/噸處理成本265 277 287 291 210現金成本(1)美元/盎司1,014 1,159 1,183 1,122 1,177AISC(1)美元/盎司1,799 2,033 1,916 2,882 2,197________________________ (1)礦山經營現金流、平均已實現黃金價格、EBITDA、現金成本和AISC是非IFRS計量,請參閲《國際財務報告準則》中非國際財務報告準則的定義。公司的MD&A進行和解

Operational Update:

操作更新:

Continued Quarterly Improvements in the Context of the Strategic Review Process

戰略審查進程背景下的季度持續改進

Q3 2021 proved to be another successful quarter and a notable improvement from Q2 2021, in part due to ongoing operational improvements and focused capital and sill development. However, short-term cash preservation actions continue, including the curtailment of various sustaining and expansion capital including development of the Middle Zone, which are anticipated to negatively impact production in Q4 2021.

2021年第三季度被證明是又一個成功的季度,比2021年第二季度有了顯著的改善,部分原因是持續的運營改善以及專注於資本和基座的發展。然而,短期現金保存行動仍在繼續,包括削減包括中區開發在內的各種維持和擴張資本,預計這將對2021年第四季度的生產產生負面影響。

As outlined in the press releases dated May 13, 2021 and August 4, 2021, there are critical areas of the operation that must be addressed in order to see sustainable, consistent improvements in mine throughput and production. These areas include bolstering the mine workforce, accelerating infill drilling, accelerating mine capital development, and reinforcing the underground equipment. These initiatives require additional capital and, in the absence of securing the financial liquidity to address these initiatives, the Company continues to expect that future production will be negatively impacted.

正如日期為2021年5月13日和2021年8月4日的新聞稿中概述的那樣,必須解決該行動的一些關鍵領域,才能看到礦山產量和產量持續、持續的改善。這些領域包括加強礦山勞動力,加快加密鑽探,加快礦山資本開發,加強地下設備。這些計劃需要額外的資本,在沒有確保財務流動性以滿足這些計劃的情況下,公司繼續預計未來的生產將受到負面影響。

Key Mine Production Statistics Continued to Trend Positively for the Quarter

本季度主要礦山生產統計數據繼續保持積極趨勢

Mine capital development averaged 10.4 metres per day in Q3 2021, similar to the Q2 2021 average of 10.0 metres per day. Development at the Middle Zone remains temporarily suspended pending the outcome of the Strategic Review Process. All capital development in the quarter was focussed on advancing the North and South declines and sub level development to increase short and medium-term production flexibility.

2021年第三季度礦山資本開發平均每天10.4米,與2021年第二季度平均每天10.0米相似。中部地區的發展仍暫時暫停,等待戰略審查進程的結果。本季度的所有資本開發都集中在推進南北下滑和次級開發,以增加中短期生產靈活性。

Average grade for Q3 2021 was 7.1 g/t Au, higher than Q2 2021 and inline with reserve grade estimates. The higher average grade is a function of stope areas currently being mined and a greater proportion of longhole ore relative to sill development ore material.

2021年第三季度的平均品位為7.1克/噸金,高於2021年第二季度,與儲量品位估計一致。較高的平均品位是由於目前正在開採的採場區域和深孔礦石相對於礦牀開發礦物質所佔比例較大所致。

Throughput averaged 771 tpd for the quarter, a significant improvement over the average for Q2 2021 of 674 tpd. The increase in ore tonnes processed is a function of more stoping areas being available due to the prioritization of mine capital development over the last two quarters combined with improvements in reliability of a portion of the underground mobile fleet.

該季度的平均吞吐量為771 tpd,比2021年第二季度的平均水平674tpd有了顯著改善。處理礦石噸的增加是由於過去兩個季度礦山資本開發的優先次序以及部分地下移動車隊可靠性的提高而提供了更多的採礦區。

While the increase in throughput is a positive step and has allowed the Company to effectively reach nameplate capacity, sustaining throughput at 800 tpd is not viewed as achievable in the absence of additional capital for the following four areas (further details are provided in the Company's press release dated May 13, 2021):

雖然產能的增加是積極的一步,使該公司能夠有效地達到銘牌產能,但在以下四個領域沒有額外資本的情況下,將產能維持在每日800tpd被認為是不可能實現的(更多細節在該公司日期為2021年5月13日的新聞稿中提供):


-- Bolster mine workforce: The Company continues to operate below budgeted
labour. Increasing the mine workforce through attraction and retention
policies, particularly in the underground workforce, is critical to
longer-term sustainability.
-- Accelerate definition drilling: Accelerating infill drilling would allow
the Company to better react to grade distribution in areas where the mine
was sparsely drilled (50-metre spacings) prior to entering production.
-- Accelerate mine capital development: Current development rates will not
sustain 800 tpd throughput. In order to sustain a rate of 800 tpd, the
Company needs to target up to 15 metres per day with increased focus on
decline ramp development as compared to horizontal development, for at
least the next 6 to 9 months. To consider the ultimate plan of 1,200 tpd,
the Company needs to target up to 18 metres per day of decline and
-加強礦山勞動力:公司繼續低於預算運營勞動黨。通過吸引和留住來增加礦場勞動力政策,特別是在地下勞動力方面的政策,對更長期的可持續性。--加速定義鑽探:加快加密鑽探將允許該公司將更好地對礦山所在地區的品位分佈做出反應在進入生產之前進行了稀疏的鑽探(50米間距)。-加快礦山資本發展:目前的發展速度不會保持800 tpd的吞吐量。為了維持每日800噸的速度,公司需要將目標定為每天最多15米,並將重點更多地放在與水平發展相比,坡道發展下降,因為至少在接下來的6到9個月內。考慮1200噸/日的最終計劃,該公司的目標是每天下降18米,

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
    搶先評論