We expect such costs to normalize to guidance levels during the balance of the year. THX previously reported soft Q124 production of 19,589oz vs our forecast of 23,141oz (see our note dated Apr. 18/24). The production shortfall is owing to lower-than-expected head grade, tonnes milled and gold recovery. THX notes that production is expected to improve during the balance of 2024, following the completion of the upgrade and commissioning of three additional CIL tanks which is expected to improve metallurgical recoveries in the mill. Indeed, production improved in March, with more than 8,200oz produced (including the start of drawdown of gold in circuit). THX reiterated at AISC of US$1,100-1,200/oz.