🕐30.05.12 - 08:27 Uhr

CENTAMIN ANNOUNCES OPTIMISED OPEN PIT MINE PLAN



Dear Sir/Madam Centamin is pleased to announce an updated five year mine plan for the Sukari Gold Mine (�Sukari�). Highlights of optimised open pit mine plan: � Increased headgrade of open pit ore sent to the mill to 1.1-1.52g/t for the coming 5 years � Increased mining rates of ore in the open pit in years 2014 and 2015 � Reduced strip ratio in 2014 to 6.72:1 (previously 14.5:1) � Open pit mine life of 30 years at average grade of 1.09g/t � Ability to provide open pit feed to faster ramp up to 10Mtpa processing capacity following completion of Stage 4 expansion The open pit mine plan, which was previously released as part of the Form 43-101F1 Technical Report dated 14 March 2012, has been optimised to better reflect the expected increase in mining rates as additional mining equipment is delivered and commissioned along with the completion and commissioning of the Stage 4 expansion to double Sukari�s processing capacity to 10 million tonnes per annum (�Mtpa�).

The re-scheduling of waste and ore movements has had a positive effect on the ability to deliver more consistent grades from the open pit to the processing plant.

The significant improvement in stripping ratio over the 2014/15 period is a result of better management of the removal of the hills east of the Sukari hill. To view the full announcement, please click the link below and click "Latest News": www.centamin.com To unsubscribe from this list or edit your alerting preferences, visit http://www.centamin.com/centamin/media/email-alerts?page=quicklogin&email=



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