29 Jun 2015 09:10
Trans-Siberian Gold plc
Asacha mining and production update
LONDON: 29 June 2015 - Trans-Siberian Gold plc ("TSG" or the "Company") (TSG.L) will provide an update on mining and production at Asacha in the first five months of 2015 at the Company's Annual General Meeting today.
Mine development in April and May 2015 comprised 625 metres while ore extraction (including ore from stoping and mine development) amounted to 29,878 mt. In the first five months of 2015, an average 13,230 mt per month was processed through the Asacha plant.
Mining and production at Asacha in the first five months of 2015 is shown in the following table.
Q1 2015 |
April 2015 |
May 2015 | Year to date 2015 | January - May 2014 | |
Mine development (m) | 1,152 | 405 | 220 | 1,777 | 1,475 |
Ore extracted (mt)
| 43,598 | 13,586 | 16,292 | 73,476 | 81,542 |
Ore processed (mt)
| 39,699 | 12,944 | 13,510 | 66,153 | 64,078 |
Average gold grade (g/t) | 7.43 | 8.63 | 7.89 | 7.76 | 7.08 |
Average silver grade (g/t) | 13.43 | 13.23 | 12.07 | 13.11 | 12.17 |
Gold recovery rate (%) | 95.19 | 96.01 | 95.74 | 95.49 | 94.41 |
Silver recovery rate (%) | 73.25 | 75.69 | 78.66 | 74.72 | 74.69 |
Gold in dore (oz)
| 9,044 | 3,577 | 3,188 | 15,809 | 13,650 |
Silver in dore (oz)
| 12,747 | 4,106 | 4,062 | 20,915 | 18,371 |
Gold refined (oz)
| 9,508 | 2,853 | 3,239 | 15,600 | 11,980 |
Silver refined (oz)
| 13,304 | 3,876 | 3,935 | 21,115 | 17,009 |
TSG will report Asacha's full second quarter 2015 gold production in July 2015.
Ends
Contacts
TSG |
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Contacts
TSG |
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Simon Olsen | + 44 (0) 1480 811871 + 44 (0) 7770 484965 | Simon Olsen | + 44 (0) 1480 811871 + 44 (0) 7770 484965 |
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Cantor Fitzgerald Europe | +44 (0) 207 894 7000 | Cantor Fitzgerald Europe | +44 (0) 207 894 7000 |
Stewart Dickson (Corporate Finance) |
| David Foreman / Stewart Dickson (Corporate Finance) |
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Jeremy Stephenson (Corporate Broking) |
| Jeremy Stephenson (Corporate Broking) |
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TSG.L (TSG)