BRIEF-SAS reports Q4 loss per share C$0.01

Fri, 14 Feb - 8:35am

Feb 13 (Reuters) - St Andrew Goldfields Ltd SAS.TO :

* SAS reports 2013 fourth quarter and year end results, beating cash cost

guidance and provides 2014 guidance

* Q4 loss per share C$0.01

* Says for 2014, targeted annual production is between 75,000 - 85,000 ounces

of gold

* In Q4, produced 24,300 ounces of gold in from three operations

* With depletion of reserves at holloway and hislop open pits production

guidance for this year is reduced

* Sees capital programs of $32.0 million for 2014

* In Q4, sold 23,985 ounces of gold at an average realized price per ounce of

gold sold of $1,259

* Says company anticipates its gold production profile will return to the

100,000 ounce level in 2015

* Source text for Eikon News Search ID:nCNWFP4Hra

* Further company coverage SAS.TO

((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140213:nASA08S7N:10
Topics: 
US RES CMPNY CA PREC MINE BLR LEN RTRS BACT MIN GDM RESF BMAT MTAL AMERS

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