Quarterly Activities Report - March 2025
| Stock | Gold Road Resources Ltd (GOR.ASX) |
|---|---|
| Release Time | 28 Apr 2025, 8:25 a.m. |
| Price Sensitive | Yes |
Quarterly Activities Report - March 2025
- Gruyere gold production of 71,226 ounces at AISC of A$2,658 per attributable ounce
- 2025 annual guidance for Gruyere maintained at 325,000 - 355,000 ounces
- Gold Road's attributable operating cash flow from Gruyere was $106.6 million
Gold Road Resources Ltd reported its March 2025 quarterly activities, including Gruyere gold production of 71,226 ounces at an AISC of A$2,658 per attributable ounce. The company maintained its 2025 annual guidance for Gruyere at 325,000 - 355,000 ounces (162,500 - 177,500 attributable) at an attributable AISC of between A$2,400 and A$2,600 per ounce. Gold sales for the quarter were 34,135 ounces at a record average price of A$4,555 per ounce, and Gold Road's attributable operating cash flow from Gruyere was $106.6 million. The company's free cash flow for the quarter was $34.1 million, and its Corporate All-In Cost (CAIC) increased to $3,058 per ounce. Cash and equivalents increased to $203.8 million, with no debt drawn. Gold Road's discovery and growth activities included a Gruyere drilling program of ~60,000 metres and progress on the Gilmour Gold Project Pre-feasibility Study.
2025 annual guidance for Gruyere is maintained at 325,000 - 355,000 ounces (162,500 - 177,500 attributable) at an attributable AISC of between A$2,400 and A$2,600 per ounce.