Local gold prices hit their lowest level in more than three months after the announcement.
The move follows the sale of the Nickel King property, highlighting the company's focus on advancing the South Crofty tin project in the UK.
The new results are highlighted by another high-grade interval of 6 metres at 5.31 g/t gold.
The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.
