Osisko - Virginia Gold Royalties

gold royalty company - 5% NSR on Malartic.

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Message: Osisko Previews Q1 2013 Canadian Malartic Operating Results

Everything below sounds very good to me. In the next leg up for PM's I expect this will be a real winner.

Q1 Highlights

  • Record gold production of 106,047 ounces

  • Record total tonnage processed of 4,234,001 t

  • Record average daily tonnage processed of 47,044 tpd (based on 90 calendar days)

  • Record average daily tonnage processed of 48,389 tpd (based on 87.5 operational days)

  • Record one-month gold production of 42,521 ounces (March)

  • Record one-month tonnage processed of 1,594,608 t (March)

  • Record one-month average tonnage processed of 51,439 tpd (March, calendar day)

  • Average recovery of 88 percent

  • Average grade milled of 0.885 g/t Au
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