Overview of Emerald Resources NL announcement

Emerald Resources NL (ASX:EMR) has reported a minor wall slip at its 100% owned Okvau Gold Mine in Cambodia. The slip has impacted access to the pit for the next 21 days, but the company assures that the quarterly production guidance of 25-30koz gold remains unaffected, with the grade maintained at approximately 2.0g/t. The company also anticipates that the AISC for the quarter may exceed the range of US$810-880/oz due to increased waste mining in the cutback, but this is expected to be offset at a future date by a commensurate reduction in earthmoving.

Executive Commentary

The minor wall slip at our Okvau Gold Mine has necessitated adjustments in our operations, but we are confident that the impact on our production guidance will be minimal. We have taken immediate measures to secure the affected area and ensure the safety of our personnel. While the AISC for the quarter may experience a temporary increase, we are focused on mitigating this through future operational adjustments. Our commitment to maintaining our production targets remains unwavering, and we appreciate the understanding and support of our stakeholders during this time.

Summary of Emerald Resources NL announcement

Emerald Resources NL (ASX:EMR) has experienced a minor wall slip at its Okvau Gold Mine, leading to a temporary impact on pit access for the next 21 days. Despite this, the company reiterates that its quarterly production guidance of 25-30koz gold remains unaffected, with measures in place to source ore from existing stockpiles. The AISC for the quarter may see a temporary increase due to operational adjustments, but the company anticipates offsetting this in the future. Emerald Resources NL emphasizes its commitment to maintaining its production targets and assures stakeholders of its focus on safety and operational resilience.