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Trans-Siberian Gold plc

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Summary

Project:

Asacha

Deposit:Asacha
Location:Russia
Commodities:Gold-Silver
Date:5/31/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:31-5-2019: Trans-Siberian Gold plc announces a Resource Estimation report for its Asacha deposit at the Asacha project. Updated mineral resource estimate. Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, announces an updat
Resources:(Resource, M+I): 0.498Mt @ 18g/t Au, 47g/t Ag
CP/QP:[Resources]: Carrie Nicholls (Seequent UK Ltd.)
ABSTRACT:Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, announces an update of the Mineral Resource Estimate for the Asacha deposit in Kamchatka, Far East Russia. The Mineral Resource Estimate ('MRE') for the Asacha deposit was updated by Seequent UK Ltd ("SUKL") to the end of December 2018. SUKL has updated the Asacha deposit's MRE at the end of every year from 2013. The purpose of these updates is to incorporate new data available from exploration, mining development and to account for mining depletion. A copy of SUKL's report is available on the Company's website at: www.trans-siberiangold.com. The resource at Asacha occurs in two zones: Main zone (currently being mined) and East zone (not yet mined). The Main zone hosts six defined veins, with the majority of the resource contained in two of these, QV1 and QV2. Three veins have been defined in the separate East zone. The Main zone has a strike length of approximately 1,500m, whilst the East zone is approximately 400m.

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