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Trans-Siberian Gold plc

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Summary

Project:

Asacha

Deposit:Asacha
Location:Russia
Commodities:Gold-Silver
Date:6/16/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:16-6-2020: Trans-Siberian Gold plc announces a Resource Estimation report for its Asacha deposit at the Asacha project. Updated Mineral Resource Estimate for Project. Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Kamchatka, Rus
Resources:(Resources, M+I): 677kt @ 16g/t Au, 49g/t Ag
CP/QP:[Resource] Robin Simpson (SRK Consulting (Russia) Ltd.)
ABSTRACT:Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Kamchatka, Russia, announces an update of the Mineral Resource Estimate for the Asacha Gold Mine in Kamchatka, Far East Russia. The Mineral Resource Estimate (‘MRE’) for the Asacha Gold Mine was updated by SRK Consulting Russia Ltd (‘SRK’) with an effective date of 30 April 2020. The purpose of these updates is to incorporate new data available from exploration, drilling, mining development and to account for mining depletion. The main additions to the database since the previous estimation (see RNS announcement dated 8 January 2020) are from drill holes targeting the North Zone (along strike from the Main Zone, mined since 2011), and QV25 of the East Zone (where mining will commence in 2020, and is expected to replace the Main Zone as the principal source of feed for the processing plant). Results from a total of 60 new drill-holes for approximately 15,661 metres have been in incorporated into the updated MRE.

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