Mining Licence Extension Approved

Trans-Siberian Gold plc

("TSG" or the "Company")

Mining Licence Extension Approved

Trans-Siberian Gold plc (TSG.LN) announces that the Russian State Subsoil Agency ("Rosendra") has approved the Company's application to extend the existing mining licence at the Asacha Gold for a further six year period.

The extended mining licence will expire on 31 December 2024

Production guidance for 2018 of 36,000oz-40,000oz, remains unchanged.

Dmitry Khilov, Chief Executive Officer of TSG, commented:

"This is a significant milestone for TSG. This is another successful extension of the mining licence at the Asacha Gold Mine. We have a new leadership team in Kamchatka and look forward to them achieving further operational efficiencies and improvements."

About TSG

TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia.

Additional information is available from the Company's website: www.trans-siberiangold.com

Market Abuse Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.