September 21, 2015

  • TGO is operating at design capacity with strong production and cost performance for the FY16 period to date
  • Ore is predominantly being sourced from the Caloma pit as Wyoming Three nears completion
  • July - August production was 15,191 ounces at AISC of A$1,088/oz
  • Reconciliation of gold recovery to resource estimates remains very positive with Wyoming Three at +41% and Caloma +1%
  • Mineral Resources and Ore Reserves have been re-estimated to account for depletion and actual operating costs and conditions:
    • ´┐╝Total resources are 11.25Mt grading 1.90g/t Au (687,800oz)
    • Total reserves are 4.36Mt grading 1.60g/t Au (235,000oz)