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Allied Gold Corporation(AAUC-T)
TSX

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ALLIED GOLD ANNOUNCES FIRST QUARTER 2024 RESULTS: ON TRACK FOR IMPROVING PRODUCTION, COSTS AND CASH FLOWS THROUGH THE REMAINDER OF THE YEAR WITH CORPORATE INITIATIVES FURTHER ENHANCING FINANCIAL FLEXIBILITY

Newswire.ca - Thu May 9, 4:17PM CDT

TORONTO, May 9, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the first quarter of 2024. During the quarter, the Company produced 85,177 gold ounces ("oz") and sold 85,136 oz at total cost of sales, cash costs(1) and all-in sustaining costs ("AISC")(1) per oz sold of $1,614, $1,397, and $1,562, respectively. Importantly, the operating trends and cash flow generation from existing operations during the first quarter have already begun to show clear improvements and positive momentum, including:

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