We are happy to announce our financial results for the three and nine months ended September 30, 2023. Some of the highlights of this quarter include: 📌 8,380 oz of Au and 53,911 oz of Ag produced in Q3 2023. 📌 Total revenue of $18.2 million during Q3 2023, an increase of 7% compared to Q3 2022 and 22% increase on Q2 2023, on 8,391 oz of Au and 82,412 oz of Ag sold. 📌 Average realized price of gold per ounce sold was $1,941 in Q3 2023. 📌 Income from mine operations before depreciation and depletion of $3.8 million. Tim Swendseid, Elevation Gold CEO, stated: "Compared to Q2 2023, the team at Moss had a much-improved quarter as a result of higher ore grade, significantly improved fragmentation, record crusher throughput, and operational stability. We are sourcing ore from the East Pit and Mordor areas, and as of this press release, we have completed the 3A-Ph2 Leach Pad, on time and under budget". Read the full announcement for more details ➡️ https://loom.ly/NH7KWnk #TSXV: ELVT #OTCQX: EVGDF #Q32023 #Earnings #goldstocks #gold #goldmining #Arizona
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We are thrilled to welcome Amy Bell as our new Senior Accountant! With over 25 years of diverse accounting experience and a deep-rooted connection to the mining industry, Amy brings invaluable expertise to our team. Born and raised in #Nevada, Amy's journey has taken her from the casino floors of Elko to leading #gold producers and junior mines. Her strengths in cost accounting, financial reporting, and surface mining accounting, combined with her exceptional communication skills, make her a perfect fit for our team. Beyond her professional accomplishments, Amy loves to travel, attend concerts, and enjoy the great outdoors with her family and friends. Time with her family is cherished especially with her son and three grandkids who are the lights in her life. Join us in welcoming Amy to our team! #Teamwork #Mining #WomenInMining #MiningProfessionals #NewHire
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We are pleased to announce operating results for the three and six months ending June 30, 2024. Elevation expects to file its Q2 2024 financial results in August 2024. Some highlights: 🔹 Produced 6,380 ounces of gold from 696,373 ore tonnes processed with average grades of 0.35 g/t during Q2 2024. 🔹 Sold 7,070 ounces of gold during Q2 2024, an increase of 3% compared to Q2 2023. Read the full news release for more details ➡️ https://loom.ly/xpQC00g #Q22024 #mining #gold #GoldMining
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Today we announced that under the terms of the convertible debentures issued under the convertible debenture indenture dated July 31, 2020, Elevation Gold has elected to satisfy its obligation to pay an aggregate of C$167,290 in interest accrued on the C$6.71 million convertible debentures by issuing to such debenture holders on the interest payment date of June 30, 2024 an aggregate of 1,968,122 common shares. Read the full press release ➡️ https://loom.ly/nZS1eRc
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We are hearing a lot about an increasing interest from Chinese retail #investors in #gold so why not listen to the opinion of a renown #mining investor. From minute 10:00 of this interview, Rick Rule explains his view on the influence of Chinese retail demand of gold on price performance. Listen to the full interview ➡️ https://loom.ly/xTnNk0w #GoldInvesting #China
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We announced the results of Elevation Gold's Annual General Meeting. You can read the full news release here ➡️ https://loom.ly/hrVKvgY #TSXV: ELVT #OTCQB: EVGDF
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We've updated our corporate presentation as of June 2024. It includes details about our current exploration program. Have a look at the updates here ➡️ https://loom.ly/r8L780E 🇨🇦 #TSXV: ELVT 🇺🇸 #OTCQB: EVGDF #investor #gold #mining #Arizona
2024-06-19-cp-elvt.pdf
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Do you ever wonder what the process is to turn rocks into gold? Learn how Elevation goes from exploration drilling to producing doré bars. Tim Swendseid, CEO of Elevation Gold, and other key team members walk us through the various stages including geologic modeling, mine planning, drilling, blasting, loading, hauling, crushing, leaching, and refining. Learn how advanced technology, efficient processes, and dedicated team members transform raw material into valuable #gold and #silver bars. https://loom.ly/xhnV7k0
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Although the price of gold has reached new record highs in 2024, gold #miners are still far from their 2011 peaks. Physical #gold has outperformed shares of gold-mining companies over the past three years by one of the largest margins in decades. An investment rationale for gold mining equities to consider is the current level of undervaluation, the fact that gold price is the most important fundamental driver of earnings and returns on capital, as well as profitability levels. Will the gap close based on these factors? Check out this chart that shows the gap between the gold price and gold #stocks over the years ➡️ https://loom.ly/batP2Lc
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The US Senate is considering grants totalling $134 million for critical infrastructure upgrades to public safety communications systems. The Tri-State area, covering Arizona's Mohave County, southern Nevada's Clark County, and eastern California's San Bernardino County, is applying for a grant to upgrade their 911 communications systems. This effort has the full support of Arizona Fire Chiefs, Police Chiefs, the Mohave County Board of Supervisors and Elevation Gold. As a rural region with challenging terrain, effective communication is vital for their first responders' safety and efficiency. San Bernardino is the largest county in the US by area, and Mohave County is the fifth largest, making the need for reliable 911 systems even more critical. Our current system is outdated, and it's unfair to expect first responders to risk their lives without proper communication support. At Elevation Gold, we understand the importance of robust communication systems, especially from our experience in #mining. We fully support the Tri-State Fire Chiefs and Police Chiefs in their request for funding a new 911 system to ensure the safety and security of our communities. In the picture below you can see Joe Bardswich from Elevation, with Fort Mojave Mesa Fire Department members. If you'd like to support their efforts, email us at info@elvtgold.com and we'll gladly connect you! #CommunitySafety #FirstResponders #PublicSafety #Arizona #MohaveCounty #Nevada #ClarkCounty #California #SanBernardinoCounty
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Different sectors of the gold market take the lead at various points in the global economic cycle, highlighting its balanced and resilient nature as an investment asset. Check out this comprehensive time series graph, detailing gold demand by sector, and gold supply by mine production, recycling, and producer hedging. ➡️ https://loom.ly/umFcoWY #InvestInGold #Mining #Gold
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