BRIEF-Golden Star preliminary Q1 cash operating costs estimated at below $750/ounce

Wed Apr 13, 2016 7:08am EDT
 
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April 13 (Reuters) - Golden Star Resources Ltd

* Preliminary cash operating costs for Q1 are estimated at below $750 per ounce, lower than expected

* Says Q1 production exceeded expectations with about 53,000 ounces of gold produced

* Received $20 million from RGLD Gold AG , a subsidiary of Royal Gold , Inc., on April 1, 2016

* Development of PRESTEA underground project continues and is on track to commence production in mid-2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)