Doray Minerals Limited
(ASX:DRM) says it has had a bumper December quarter which has it in line for full year production at the upper end of guidance.
Production from the Andy Well Gold Project came in 8 per cent above budgeted production figures.
Managing director Allan Kelly said that recent drill testing of the Wilbur and Judy lodes has shown some exciting results and the mine life could be extended.
Recent results place the company in a strong position as it plans to commission a second gold operation at Deflector.
Doray Minerals reported a net profit of $19 million for the 2015 financial year.
