| Asacha mining and production update | |
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RNS Number : 4813R
Trans-Siberian Gold PLC
29 June 2015
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.
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Q1
2015
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April 2015
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May 2015
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Year to date
2015
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January
- May
2014
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Mine development (m)
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1,152
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405
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220
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1,777
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1,475
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Ore extracted (mt)
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43,598
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13,586
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16,292
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73,476
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81,542
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Ore processed (mt)
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39,699
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12,944
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13,510
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66,153
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64,078
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Average gold grade (g/t)
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7.43
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8.63
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7.89
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7.76
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7.08
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Average silver grade (g/t)
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13.43
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13.23
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12.07
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13.11
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12.17
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Gold recovery rate (%)
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95.19
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96.01
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95.74
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95.49
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94.41
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Silver recovery rate (%)
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73.25
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75.69
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78.66
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74.72
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74.69
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Gold in dore (oz)
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9,044
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3,577
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3,188
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15,809
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13,650
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Silver in dore (oz)
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12,747
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4,106
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4,062
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20,915
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18,371
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Gold refined (oz)
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9,508
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2,853
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3,239
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15,600
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11,980
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Silver refined (oz)
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13,304
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3,876
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3,935
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21,115
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17,009
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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
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+ 44 (0) 1480 811871
+ 44 (0) 7770 484965
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Simon Olsen
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+ 44 (0) 1480 811871
+ 44 (0) 7770 484965
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Cantor Fitzgerald Europe
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+44 (0) 207 894 7000
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Cantor Fitzgerald Europe
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+44 (0) 207 894 7000
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Stewart Dickson (Corporate Finance)
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David Foreman / Stewart Dickson (Corporate Finance)
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Jeremy Stephenson (Corporate Broking)
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Jeremy Stephenson (Corporate Broking)
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This information is provided by RNS
The company news service from the London Stock Exchange
ENDMSCLIFITRDIAFIE
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Trans-Siberian Gold PLC
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CODE : TSG.L |
ISIN : GB0033756866 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Trans-Siberian is a gold development stage company based in United kingdom. Trans-Siberian is listed in Germany and in United Kingdom. Its market capitalisation is GBX 12.9 billions as of today (US$ 15.2 billions, € 13.0 billions). Its stock quote reached its lowest recent point on December 26, 2014 at GBX 10.00, and its highest recent level on August 06, 2021 at GBX 117.50. Trans-Siberian has 110 053 073 shares outstanding. |