Sarasen Mineral Holdings (ASX:SAR) has reported record quarterly gold production for the June 2017 quarter and a 23 per cent gain on the prior quarter.
As a result, the gold miner doubled its annualized production to 300,0000 ounces.
Gold sales of over 78,000 ounces [78,534] underpinned its $127.3 million revenue for the quarter.
The company says thanks to its cemented position, it is in the ranks of Australia's leading mid-tier gold producers, with an enviable production profile and growth outlook.
Shares in Sarasen Mineral Holdings (ASX:SAR) are trading 1.73 per cent higher to $1.18