Avesoro well-positioned to increase production levels, continue exploration

Dual-listed Avesoro Resources expects to produce between 220 000 oz and 240 000 oz of gold this year, a 25% year-on-year increase, as significant additional ounces delineated by drilling along strike from current mining operations at the Youga gold mine, in Burkina Faso, would be added. The West African gold producer's CEO Serhan Umurhan further highlighted that the company, which is listed on the Aim and the TSX, started the new year well-positioned to increase its production levels, while reducing operating costs at its New Liberty, Youga and Balogo mines.