Allied Nevada achieves Q1 Hycroft production and sales targets

|About: Allied Nevada Gold Corp (ANV)|By:, SA News Editor

Allied Nevada Gold (ANV -0.1%) says it met its Q1 production and sales targets at its Hycroft mine in Nevada, reporting preliminary results of 60.1K oz. of gold produced and 59,4K oz. sold, with 412.5K oz. of silver produced and 406.2K oz. sold.

ANV says Hycroft continues to benefit from increased mining capacity and improvements to the heap leach operation; Q1 silver production and sales rose 14% and 15% respectively Q/Q and more than double Y/Y.