ALACER GOLD ANNOUNCES SMOOTH PRODUCTION RAMP UP AT ÇÖPLER

About this update from Allied Strategic Resources Corp

[{"type":"text","content":"\n\n\n Feb. 28, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, Feb. 28 /CNW/ - Alacer Gold Corp ("Alacer" or the "Corporation") [TSX: ASR and ASX:\n AQG] is pleased to announce that production at the Çöpler Gold Mine in\n Turkey is ramping up smoothly.  Initial recovery rates from the\n run-of-mine heap leach ores are very encouraging. Çöpler produced first\n gold as announced on December 22, 2010 (see New Release dated December\n 22, 2010).  Gold production at Çöpler  was 512 ounces in December 2010\n and  8,590 ounces in January 2011. In February 2011 production is\n expected to be approximately 9,000 ounces.\n\n\nMining to date has placed 2.4 million tonnes at 1.1 gpt on the pad.  At\n the end of February 2011, there was approximately 67,000 ounces on the\n pad under and available for leaching.  Over the next few months, Alacer\n plans to commission the crushing and agglomeration circuits and expects\n production to ramp up to commercial status.\n\n\nEdward Dowling, CEO of Alacer stated, "These results are highly\n encouraging as it indicates that the rate of gold recovery from the\n mining and heap leach operations are better than expected. We are very\n pleased with  Çöpler's successful ramp up to date."\n\n\nAbout Alacer\n\n\nAlacer is a leading intermediate gold company with operations in both\n Australia and Turkey.\n\n\nAustralia\n\n\nThere are three opera...

More updates from Allied Strategic Resources Corp