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Centamin PLC Announces Doropo Gold Project Definitive Feasibility Study

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Centamin PLC has filed the NI 43-101 technical report for its Doropo Gold Project in north-eastern Côte d'Ivoire on SEDAR, following the announcement of positive definitive feasibility study (DFS) results in July 2024. The full technical report is now available on the company's website, providing detailed information about the project's viability and potential. This development marks a significant milestone for Centamin, potentially impacting its future gold production and financial prospects.

Centamin PLC ha presentato il rapporto tecnico NI 43-101 per il suo Progetto Doropo Gold nel nord-est della Costa d'Avorio su SEDAR, a seguito dell'annuncio dei risultati positivi dello studio di fattibilità definitiva (DFS) avvenuto a luglio 2024. Il rapporto tecnico completo è ora disponibile sul sito web dell'azienda, fornendo informazioni dettagliate sulla fattibilità e sul potenziale del progetto. Questo sviluppo segna una tappa significativa per Centamin, con possibili ripercussioni sulla futura produzione d'oro e sulle prospettive finanziarie.

Centamin PLC ha presentado el informe técnico NI 43-101 para su Proyecto Doropo Gold en el noreste de Costa de Marfil en SEDAR, tras el anuncio de los resultados positivos del estudio de viabilidad definitiva (DFS) en julio de 2024. El informe técnico completo ya está disponible en el sitio web de la empresa, proporcionando información detallada sobre la viabilidad y el potencial del proyecto. Este desarrollo marca un hito significativo para Centamin, que podría impactar su futura producción de oro y perspectivas financieras.

Centamin PLC는 2024년 7월에 발표된 긍정적인 최종 타당성 조사(DFS) 결과에 따라 북동부 코트디부아르에 위치한 도로포 골드 프로젝트에 대한 NI 43-101 기술 보고서를 SEDAR에 제출했습니다. 회사의 웹사이트에서 이 프로젝트의 타당성과 잠재성에 대한 자세한 정보를 제공하는 전체 기술 보고서를 이제 확인할 수 있습니다. 이 발전은 Centamin에게 중요한 이정표가 되며, 향후 금 생산 및 재정 전망에 영향을 미칠 수 있습니다.

Centamin PLC a déposé le rapport technique NI 43-101 pour son Projet Doropo Gold dans le nord-est de la Côte d'Ivoire sur SEDAR, suite à l'annonce des résultats positifs de l'étude de faisabilité définitive (DFS) en juillet 2024. Le rapport technique complet est désormais disponible sur le site web de l'entreprise, fournissant des informations détaillées sur la viabilité et le potentiel du projet. Ce développement marque une étape significative pour Centamin, pouvant influencer sa future production d'or et ses perspectives financières.

Centamin PLC hat den NI 43-101-Technikbericht für sein Doropo Gold Projekt im nordöstlichen Côte d'Ivoire auf SEDAR eingereicht, nachdem im Juli 2024 positive Ergebnisse der endgültigen Machbarkeitsstudie (DFS) angekündigt wurden. Der vollständige technische Bericht ist jetzt auf der Website des Unternehmens verfügbar und bietet detaillierte Informationen über die Rentabilität und das Potenzial des Projekts. Diese Entwicklung markiert einen bedeutenden Meilenstein für Centamin, der sich potenziell auf die zukünftige Goldproduktion und die finanziellen Perspektiven auswirken könnte.

Positive
  • Positive results from the Doropo Gold Project's definitive feasibility study
  • Completion and filing of NI 43-101 technical report on SEDAR
  • Increased transparency with the full technical report available on the company website
Negative
  • None.

PERTH, AUSTRALIA / ACCESSWIRE / September 4, 2024 / Following the July 2024 announcement of the positive results of the definitive feasibility study ("DFS") at its Doropo Gold Project ("Doropo") in north-eastern Côte d'Ivoire (link to announcement here), the Company is pleased to announce that the NI 43-101 technical report has now been filed on SEDAR.

A copy of the full technical report has also been made available on the Company website: (link here)

About Centamin

Centamin is an established gold producer, with premium listings on the London Stock Exchange and the Toronto Stock Exchange. The Company's flagship asset is the Sukari Gold Mine ("Sukari"), Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. Since production began in 2009 Sukari has produced 5.8 million ounces of gold, and today has a projected mine life to 2034.

Through its large portfolio of exploration assets in Egypt and Côte d'Ivoire, Centamin is advancing an active pipeline of future growth prospects, including the Doropo project in Côte d'Ivoire, and over 3,000km2 of highly prospective exploration ground in Egypt's Arabian Nubian Shield.

Centamin practices responsible mining activities, recognising its responsibility to deliver operational and financial performance and create lasting mutual benefit for all stakeholders through good corporate citizenship.

FOR MORE INFORMATION please visit the website www.centamin.com or contact:

Centamin plc
Michael Stoner, Head of Corporate
investor@centaminplc.com

FTI Consulting
Ben Brewerton / Sara Powell / Nick Hennis
+442037271000
centamin@fticonsulting.com

Forward-looking Statements

This announcement (including information incorporated by reference) contains "forward-looking statements" and "forward-looking information" under applicable securities laws (collectively, "forward-looking statements"), including statements with respect to future financial or operating performance. Such statements include "future-oriented financial information" or "financial outlook" with respect to prospective financial performance, financial position, EBITDA, cash flows and other financial metrics that are based on assumptions about future economic conditions and courses of action. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expects", "expected", "budgeted", "forecasts" and "anticipates" and include production outlook, operating schedules, production profiles, expansion and expansion plans, efficiency gains, production and cost guidance, capital expenditure outlook, exploration spend and other mine plans. Although Centamin believes that the expectations reflected in such forward-looking statements are reasonable, Centamin can give no assurance that such expectations will prove to be correct. Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Centamin about future events and are therefore subject to known and unknown risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. In addition, there are a number of factors that could cause actual results, performance, achievements or developments to differ materially from those expressed or implied by such forward-looking statements; the risks and uncertainties associated with direct or indirect impacts of COVID-19 or other pandemic, general business, economic, competitive, political and social uncertainties; the results of exploration activities and feasibility studies; assumptions in economic evaluations which prove to be inaccurate; currency fluctuations; changes in project parameters; future prices of gold and other metals; possible variations of ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; climatic conditions; political instability; decisions and regulatory changes enacted by governmental authorities; delays in obtaining approvals or financing or completing development or construction activities; and discovery of archaeological ruins. Financial outlook and future-ordinated financial information contained in this news release is based on assumptions about future events, including economic conditions and proposed courses of action, based on management's assessment of the relevant information currently available. Readers are cautioned that any such financial outlook or future-ordinated financial information contained or referenced herein may not be appropriate and should not be used for purposes other than those for which it is disclosed herein. The Company and its management believe that the prospective financial information has been prepared on a reasonable basis, reflecting management's best estimates and judgments at the date hereof, and represent, to the best of management's knowledge and opinion, the Company's expected course of action. However, because this information is highly subjective, it should not be relied on as necessarily indicative of future results. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements, particularly in light of the current economic climate and the significant volatility, the risks and uncertainties associated with the direct and indirect impacts of COVID-19. Forward-looking statements contained herein are made as of the date of this announcement and the Company disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements.

LEI: 213800PDI9G7OUKLPV84

Company No: 109180

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Centamin PLC



View the original press release on accesswire.com

FAQ

What is the latest update on Centamin PLC's Doropo Gold Project?

Centamin PLC has filed the NI 43-101 technical report for the Doropo Gold Project on SEDAR, following positive definitive feasibility study results announced in July 2024.

Where is the Doropo Gold Project located?

The Doropo Gold Project is located in north-eastern Côte d'Ivoire.

When did Centamin PLC announce the positive DFS results for the Doropo Gold Project?

Centamin PLC announced the positive definitive feasibility study (DFS) results for the Doropo Gold Project in July 2024.

How can investors access the full technical report for Centamin's Doropo Gold Project?

The full technical report for the Doropo Gold Project is available on Centamin PLC's company website and has been filed on SEDAR.

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