Scotland's first commercial gold producer has warned that mining difficulties have "cast significant doubt" over its ability to continue as a going concern in the immediate term.
A trading update for Scotgold Resources explained that following last month's £2.5m equity fundraise to support the planned transition from tunnel development mining to long hole stoping, the plan anticipated that 5,818 tonnes of mineralised ore would be mined in February and March.
However, actual tonnes mined are now expected to be between 550 and 600 in March and about 3,000 tonnes of waste to place into required areas for commencement of stope drilling.
