20 January 2017
Via ASX Online | FOR PUBLIC RELEASE |
Manager
Company Announcements Office
Australian Securities Exchange
Kingsgate Consolidated (ASX:KCN) ("Kingsgate" or the "Company") is pleased to provide an update on the Chatree Gold Mine's ("Chatree") December 2016 production, following another strong performance.
Chatree operating result for the month of December 2016 is as follows:
Kingsgate's remaining corporate bank debt facility of A$5 million, is scheduled for repayment at the end of January 2017.
Kingsgate estimates that by the end of January 2017 following the repayment of the corporate debt facility of A$5 million, Group cash will be approximately A$38 million.
Greg Foulis
Chief Executive Officer
Kingsgate Consolidated Limited
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