Ten Sixty Four Limited (ASX: $X64) has released its Quarterly Activities Report for the period ending 31 March 2023, as required by ASX Listing Rule 5.1. The report highlights a cash balance of US$11.6M, unhedged gold production of 19,124 ounces, and various exploration activities.
The Company's performance in the March 2023 quarter reflects our continued focus on operational excellence and exploration activities. Despite challenges such as unscheduled maintenance impacting production, we remain committed to maximizing the potential of our mining assets and advancing our exploration projects.
Ten Sixty Four's Quarterly Activities Report for the period ending 31 March 2023 demonstrates the company's resilience in the face of operational challenges. With a strong cash balance and ongoing exploration efforts, the company is well-positioned to capitalize on opportunities for growth. Despite the dispute affecting access to the Co-O Mine and financial systems, Ten Sixty Four remains dedicated to resolving these issues and pursuing its corporate strategy.