Aurelia Metals (ASX: $AMI) FY24 Production and Cash Update

Aurelia Metals Limited (ASX: $AMI) has reported its production and cash outcomes for the year ended 30 June 2024. The company's gold production surpassed the upper end of the guidance range at 65.3kozs, while copper and zinc production were near the mid-point of guidance at 2.2kt of copper and 16.8kt of zinc. Lead production slightly missed guidance at 18.7kt. The balance sheet remains robust with A$116.5M in cash on hand. The Group All-in-Sustaining Cost (AISC) performance for FY24 is expected to be towards the lower end of the previously revised guidance range of A$2,000 - A$2,150/oz.

Executive Commentary on FY24 Production Outcomes

These June quarter results are the culmination of a lot of hard work across the business as we continue to improve our operating performance and set the business up for the future. The solid production and sales outcomes have resulted in a very healthy cash balance for Aurelia Metals, which is pleasing considering we are also funding our Federation Project.

Summary of FY24 Production and Cash Update

Aurelia Metals (ASX: $AMI) has demonstrated strong performance in FY24 with gold production exceeding guidance, AISC performance expected towards the lower end of the range, and a healthy cash balance of A$116.5M. The company's robust financial position and ongoing projects indicate a positive outlook for the future. With the upcoming release of the June 2024 Quarterly Activities report, further details on the quarter's performance will be disclosed, providing additional insights into Aurelia Metals' continued progress and achievements.