The Karouni gold project, in Guyana, was delivering ahead of expectations, owner Troy Resources said on Thursday, with the product to date producing some 35% more ounces than predicted by the ore reserve model.
The Karouni project, which poured its first gold in November last year, produced 20 195 oz of gold during the three months to March at a C1 cash cost of $412/oz and an all-in sustaining cost of $638/oz.
