Inca One Gold (TSXV: INCA) this morning released unaudited gold and silver sales data for the third quarter, ahead of the release of its full financial results for the period. The company reported record Q3 sales for the period, with total sales of US$9.7 million.
The sales results come from the firms Kori One Plant and the Chala One Plant, both of which are ore processing facilities located in Peru, and are for the months of July, August, and September 2021.
Sales for the period amounted to US$9.7 million, the best third quarter in the firms history by 13%. Sales were also up 26% on a quarter over quarter basis from the US$7.7 million recorded for the quarter ended June 30, 2021.
“I am delighted to see the continued increases in ore supply fueling our record production and sales pace. We have deployed working capital effectively and I am excited to see the operational results for the remaining months in 2021.”
In terms of hard numbers, the firm saw the delivery of a total of 17,969 tonnes of ore, of which 17,413 tonnes were processed, resulting in 6,030 ounces of gold being produced, compared to 5,149 ounces produced in the second quarter. The company notably reached a new milestone in September with 7,079 tonnes of raw material processed during the month.
Inca One Gold last traded at $0.38 on the TSX Venture.
FULL DISCLOSURE: Inca One Gold Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Inca One Gold Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
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