14 Nov 2011 07:00
Trans-Siberian Gold plc
First sale of Asacha gold
LONDON: 14 November 2011 - Trans-Siberian Gold plc ("TSG") (TSG.L) is pleased to report the first sale of refined gold ingots from the Asacha mine, approximately 50.23 kg, equating to 1,615 ounces at US$1,764 per ounce.
TSG reported the first three shipments of gold dore from the Asacha mine to the refinery at Novosibirsk on 19 October and 2 November 2011. The first sale comprised most of the gold in the first two of those shipments.
Further announcements detailing the amounts of Asacha's gold production in 2011 will be made on a monthly basis, with quarterly reports commencing in 2012.
Ends
Contacts
TSG |
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Simon Olsen | + 44 (0) 7770 484965 |
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Seymour Pierce Ltd | +44 (0) 207 107 8000 |
Stewart Dickson / David Foreman (Corporate Finance) |
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Jeremy Stephenson (Corporate Broking) |
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