economy and politics

GCM mining gold production grew in the second quarter

GCM mining gold production grew in the second quarter

GCM Mining Corp. announced that it produced a total of 16,370 ounces of gold in June 2022 at its Segovia operationbringing the total for the second quarter of 2022 to 53,198 ounces, compared to 52,198 ounces for Segovia in the second quarter of 2021, as reported by the company.

(Colombia presented four gold prospects in Canada).

In the second quarter of 2022, the Company also produced 85,741 ounces of silver, an increase from 54,573 ounces of silver in the second quarter of last year, along with approximately 294,000 pounds of zinc and 345,000 pounds of lead.

In the first half of 2022, the Company produced 103,149 ounces of gold at its Segovia Operations, an increase from 101,256 ounces of gold in the first half of last year.

(In May, GCM Mining’s gold production reached 18,507 ounces).

The former Gran Colombia Gold, today GCM, reported consolidated gold production in the first half of last year of 103,684 ounces, which includes 2,428 ounces from Marmato through February 4, 2021, the date of the loss of control of Aris Gold Corporation .

GCM Mining’s total last 12 month gold production at the end of June 2022 was 208,282 ounces, an increase of approximately 1% compared to last year.

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