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Centerra Gold Files Updated Kumtor Technical Report for New Life-of-Mine Plan
Published : December 20, 2012
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Keywords :   Canada | Gold | Gold Producer | Market | Recovery |

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2012) - Centerra Gold Inc. (News - Market indicators) announced that it has filed on SEDAR today an updated technical report for the Kumtor Mine, which is located in the Kyrgyz Republic. The updated technical report describes in detail Kumtor's new life-of-mine plan (LOM), which extends the open-pit mining and milling operations of the Kumtor Project to 2026. The LOM plan is based only on open-pit mineral reserves. The LOM plan, including mining tonnage, grade, recovery, operating and capital cost estimates, assumptions and risk factors are described in detail in Centerra's November 7, 2012 news release.

The technical report is available at the following link: http://file.marketwire.com/release/KumtorTechnicalReport20Dec2012.pdf or on SEDAR at www.sedar.com and on the Company's website at www.centerragold.com.

About Centerra

Centerra Gold Inc. is a gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based gold producer and is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Ontario, Canada.

Additional information

Additional information on Centerra is available on the Company's website at www.centerragold.com and on SEDAR at www.sedar.com.



Centerra Gold Inc.
John W. Pearson
Vice President, Investor Relations
416-204-1241
john.pearson@centerragold.com
www.centerragold.com
Companies Mentionned : Centerra Gold | Central Asia | Gold Mining Company |
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Centerra Gold Inc

PRODUCER
CODE : CG.TO
ISIN : CA1520061021
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Centerra Gold is a producing gold company based in Canada.

Centerra Gold holds various exploration projects in Turkey.

Its main assets in production are KUMTOR in Kyrgyzstan and BOROO in Mongolia, its main asset in development is GATSUURT in Mongolia and its main exploration properties are AKARCA, REN and KARA BELDYR in Turkey.

Centerra Gold is listed in Canada and in Germany. Its market capitalisation is CA$ 1.7 billions as of today (US$ 1.3 billions, € 1.2 billions).

Its stock quote reached its highest recent level on June 08, 2007 at CA$ 9.95, and its lowest recent point on October 24, 2008 at CA$ 0.79.

Centerra Gold has 239 390 000 shares outstanding.

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