Roxgold focuses Yaramoko gold output

Expects Yaramoko to deliver

about 150K Oz gold in 2019

Roxgold announced that the Bagassi South Project has been completed under budget and on schedule with the successful practical completion of its process plant expansion & has achieved practical completion of the processing plant expansion. Continuing ramp-up of the Bagassi South mine during the first quarter of 2019; commercial production is expected to be achieved in the second quarter 2019. 

"We have marked yet another significant milestone in providing growth and value to our shareholders with the successful completion of our internally funded Bagassi South project, which has been completed on schedule and under budget," said John Dorward, President and Chief Executive Officer of Roxgold.

"We are now looking forward to increasing production at Yaramoko and ramping up to full capacity at both the process plant and Bagassi South where we expect to deliver approximately 150,000 ounces of gold from our Yaramoko operations in 2019."

The plant expansion increases capacity by nearly 50% from 270,000 tonnes per annum or 750 tonnes per day to 400,000 tpa or 1,100 tpd. The expansion maintains the simple and robust design philosophy that was implemented originally at the Yaramoko plant which has generated recoveries in excess of 98%.  Ramp-up of the mine will continue during the first quarter of 2019, with commercial production expected to be achieved in the second quarter of 2019.