HomeGoldNew Dawn's Turk Mine shines

New Dawn’s Turk Mine shines

New Dawn President
and CEO Ian Saunders
overseeing operations
at Turk Mine
 
Harare, Zimbabwe — MININGREVEW.COM — 18 November 2009 – New Dawn Mining Corp. – a TSX-listed and Canadian-based mining junior focused on gold in Southern Africa – produced 3 059 ounces of gold in the quarter ended 30 September 2009 at its Turk mine in Zimbabwe.

An announcement here by the group “’ reported by all.Africa.com “’ added that sales for the quarter had amounted to US$2.78 million (R20 million).

“We are pleased to report that New Dawn is well-positioned to continue to increase production at the Turk Mine in the coming months and quarters,” said New Dawn president and chief executive Ian Saunders.

Saunders “’ a past president of the Zimbabwe Chamber of Mines “’ said New Dawn would be seeking acquisitions and exploration projects in the country, whose dying gold mining sector sprung back to life earlier this year after the introduction of various government measures aimed at reviving the sector.

New Dawn recently shut down its Blue Dot Mine in South Africa and reaffirmed its focus on its Turk and Angelus mines in Zimbabwe, which have a resource of 959 900 oz of gold, plus an inferred resource of 347 600 oz.

Production at the Turk mine has increased for six months in a row, reaching 1 029 oz in September. New Dawn is a Zimbabwe-focused junior gold company which owns Turk and Angelus Mines in the upper southwest area of Zimbabwe which have the potential to produce an estimated 35 000 to 50 000 ounces of gold per annum.

Additionally, the company has a portfolio of exploration properties in Zimbabwe that includes the Consolidated Bubi Gold Fields, Consolidated Midlands Gold Fields and Consolidated Shurugwi Gold Fields properties.

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