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AMEX: NXG USD$: 0.84  -0.06
TSX: NGX C$: 1.01  -0.05
Operations & Projects
Kemess South Pit


Northgate acquired the Fosterville Gold Mine in February 2008.  Since the acquisition, Northgate has made a number of improvements at the operation, which will increase production and significantly lower costs.  A summary of Fosterville's production for 2008 is shown below: 
 

Q1   

Q2  

Q3   Q4E   2008E  
Gold production (ounces) 10,440    14,630   15,491   23,000   63,000  

Net cash cost ($/oz)

1,190    1,150   940   445   820  

* Net Cash Cost for Q4 and full year 2008 assumes exchange rate of A$/US$0.65.













 
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