2002-04-30 1st quarter AURION GOLD LIMITED 2002-04-30...

2002-04-30 1st quarter AURION GOLD LIMITED 2002-04-30 ASX-SIGNAL-G
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IN ITS FIRST QUARTER, THE NEWLY MERGED AURIONGOLD MADE AN
UNAUDITED PROFIT AFTER TAX OF $20 MILLION
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The assets of Delta Gold Limited were consolidated with Goldfields
Limited at fair value as at 31 December 2001 and only contribute to
Group activities from 1 January 2002.
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During the March quarter:
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- Goldfields' name was changed to AurionGold Limited with the ASX
code of "AOR"
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- AurionGold achieved attributable gold production of 238,771 ounces
at an average cash cost of $319/oz and total cost of $439/oz
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- profit from normal activities for the quarter was $20 million
giving $42 million for the nine months
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- potential for a further underground extension to the Quarters
orebody was indicated by encouraging drill results

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- drilling at Henty continued to reveal exciting results for the
Darwin Zone

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- the intersection of a quartz vein containing visible gold at
Marlock, 1.5km west of the Quarters mine has led to an exploration
focus on a new area outside the traditional Mount Pleasant mine
corridor

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- the integration of Goldfields and Delta is substantially completed
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T Burgess
MANAGING DIRECTOR AND CEO
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