Alacer Gold announces release date for third quarter 2014 financial results and conference call
TORONTO, Oct. 14, 2014 /CNW/ - Alacer Gold Corp. ("Alacer") [TSX: ASR and ASX: AQG] plans to release its third quarter 2014 financial statements and the related management's discussion and analysis on Monday, October 27, 2014 (North America) and Tuesday, October 28, 2014 (Australia).
Mr. Rod Antal, Chief Executive Officer of Alacer, will host a conference call on Monday, October 27 at 5:00pm (North America Eastern Daylight Time) and Tuesday, October 28 at 8:00am (Australian Eastern Standard Time).
The third quarter 2014 financial statements, related management's discussion and analysis, and a conference call presentation will be available on www.AlacerGold.com prior to the call commencing.
You may listen to the call via webcast at http://services.choruscall.ca/links/alacer141027.html. The conference call presentation will also be available at the link provided prior to the call commencing.
You may participate in the conference call by dialing:
| 1-800-319-4610 | for U.S. and Canada |
| 1-800-423-528 | for Australia |
| 800-930-470 | for Hong Kong |
| 800-101-2425 | for Singapore |
| 1-800-017-8660 | for United Kingdom |
| 1-604-638-5340 | for International |
| "Alacer Gold Call" | Conference ID |
If you are unable to participate in the call, a webcast will be archived until November 27, 2014 and a recording of the call will be available on Alacer's website at www.AlacerGold.com or through replay until Tuesday, January 27, 2015 by using passcode 8901# and calling:
| 1-800-319-6413 | for U.S. and Canada |
| 1-800-638-9854 | for Australia |
About Alacer
Alacer Gold Corp. is a leading intermediate gold mining company and its world-class operation is the 80% owned Çöpler Gold Mine in Turkey. During 2014, Çöpler is forecast to produce 160,000 to 180,000 attributable[i] ounces at All-in Costs[ii] of $730 to $780 per ounce. Çöpler's oxide ore is currently being processed in a conventional crush, agglomeration, heap-leach and gold recovery circuit.
The June 2014 Sulfide Definitive Feasibility Study demonstrated robust financial returns from processing sulfide ore and extended Çöpler's mine life to 20 years. Subject to Board approval to construct the sulfide project, from July 2014, Çöpler is forecast to produce a further 3.2 million ounces of gold at low All-in Costs2 averaging $810 per ounce over the life of the mine.
Alacer has numerous high-potential exploration projects in Turkey in various joint ventures with our Turkish partner Lidya Mining.
Alacer's primary focus is to maximize portfolio value, maximize free cash flow, minimize project risk, and create value for shareholders.
[i] Attributable gold production is reduced by the 20% non-controlling interest at the Çöpler Gold Mine.
[ii] All-in Costs/ounce is a non-IFRS financial performance measure with no standardized definition under IFRS. For further information and detailed reconciliation, see the "Non-IFRS Measures" section of the MD&A for June 30, 2014.
SOURCE Alacer Gold Corp.
Contact
Lisa Maestas - Director, Investor Relations - +1-303-292-1299