Calidus Resources Posts Best Monthly Production at Warrawoona Since Operations Began

Calidus Resources (ASX:CAI) posted a 26% March quarter production increase at its Warrawoona gold project in Western Australia, with 15,118 ounces at an all-in sustaining cost of AU$2,429 per ounce, according to a Wednesday Australian bourse filing. The company's March monthly production of 5,845 ounces was the highest since operations began at Warrawoona, the filing states. Calidus Resources' H2 FY24 guidance has been reaffirmed at 32,000 to 37,000 ounces, according to the filing. Calidus Resources had AU$12.4 million in cash and equivalents on March 30. Price (AUD): $0.13, Change: $+0.01, Percent Change: +8.33%