MINING
Outlook Moving forward , OceanaGold announced its 2016 production and guidance of 385,000 to 425,000 ounces of gold at continued low AISC of $ 700 to $ 750 per ounce .
At Haile , the company commenced infill drilling of the Horseshoe resource in the fourth quarter of 2015 and conducted initial drilling of regional targets including Cypress and Loblolly with assays pending . In 2016 ,
OceanaGold will continue to drill at Horseshoe , other targets at Haile and advance its portfolio of regional exploration targets .
Construction of the Haile Gold Mine continues to progress well despite inclement weather in the fourth quarter that resulted in excessive amounts of rainfall at site . In the fourth quarter , the Executive Vice President and Chief Development Officer and the Vice President , Construction and
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