02:37 PM EST - SEMAFO Inc. : reported that bulk test results from the high-grade Siou deposit in March were in line with expectations, providing very good reconciliation against the block model. Test results indicated an average grade of 4.7 g/t Au at a recovery rate of over 96%. In the first quarter, Mana processed 642,000 tonnes at an average grade of 1.93 g/t Au with an 88% recovery rate for production of 35,100 ounces of gold. The gradual ramp-up of ore processed from Siou had a positive impact in March: production reached 17,300 ounces of gold, the average head grade increased to 2.64 g/t Au and the recovery rate improved to 92%. Siou is expected to achieve the full mining rate in the second quarter of 2014. SEMAFO Inc.
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