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Centerra Gold Announces 2024 Year-End Mineral Reserves and Resources, Including an Initial Resource at Goldfield; Provides Exploration Update

All figures are in United States dollars unless otherwise stated. This news release contains forw...

articleCenterra Gold Inc.February 20, 20254/company/centerra-gold-inc/news/centerra-gold-announces-2024-year-end-mineral-reserves-and-resources-including-an-initial-resource-at-goldfield-provides-exploration-update
Centerra Gold Announces 2024 Year-End Mineral Reserves and Resources, Including an Initial Resource at Goldfield; Provides Exploration Update

About this update from Centerra Gold Inc.

[{"type":"text","content":"Centerra Gold Announces 2024 Year-End Mineral Reserves and Resources, Including an Initial Resource at Goldfield; Provides Exploration Update\n\n\n\n\n All figures are in United States dollars unless otherwise stated. This news release contains forward-looking information that is subject to risk factors and assumptions as set out in the “Cautionary Note Regarding Forward-Looking Information” below.\n \n\n\n TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces its 2024 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves were 3.5 million ounces and proven and probable copper mineral reserves were 1,150 million pounds, as of December 31, 2024. Measured and indicated gold mineral resources were 6.8 million ounces as of December 31, 2024, which includes the initial gold mineral resource at the Goldfield Project (“Goldfield”) of 706 thousand ounces.\n \n\n\n Centerra Year-End Gold Mineral Reserves and Mineral Resources\n \n\n\n (\n \n\n\n\n 1)\n \n\n\n\n\n\n\n\n\n 2024\n \n\n\n\n 2023\n \n\n\n\n\n\n Property\n \n\n\n\n\n Tonnes\n \n\n\n (kt)\n \n\n\n\n Grade\n \n\n\n (g/t)\n \n\n\n\n Contained\n \n Gold (koz)\n \n\n\n\n Tonnes\n \n (kt)\n \n\n\n\n Grade\n \n (g/t)\n \n\n\n\n Contained\n \n Gold (koz)\n \n\n\n\n\n\n Total Proven and Probable Gold Mineral Reserves\n \n\n\n\n\n Mount Milligan Mine\n \n\n 264,512\n \n\n 0.33\n \n\n 2,826\n \n\n 250,025\n \n\n 0.35\n \n\n 2,822\n \n\n\n\n Öksüt Mine\n \n\n 20,080\n \n\n 1.03\n \n\n 662\n \n\n 25,255\n \n\n 1.01\n \n\n 819\n \n\n\n\n\n Total\n \n\n\n\n 284,591\n \n\n\n\n 0.38\n \n\n\n\n 3,488\n \n\n\n\n 275,280\n \n\n\n\n 0.41\n \n\n\n\n 3,641\n \n\n\n\n\n\n Total Measured and Indicated Gold Mineral Resources\n \n\n\n\n\n Mount Milligan Mine\n \n\n 183,971\n \n\n 0.26\n \n\n 1,566\n \n\n 259,860\n \n\n 0.27\n \n\n 2,333\n \n\n\n\n Öksüt Mine\n \n\n 2,617\n \n\n 0.69\n \n\n 58\n \n\n 6,752\n \n\n 0.55\n \n\n 119\n \n\n\n\n Kemess Open Pit\n \n\n 111,682\n \n\n 0.27\n \n\n 980\n \n\n 111,682\n \n\n 0.27\n \n\n 980\n \n\n\n\n Kemess Underground\n \n\n 139,920\n \n\n 0.50\n \n\n 2,265\n \n\n 139,920\n \n\n 0.50\n \n\n 2,265\n \n\n\n\n Kemess East\n \n\n 93,454\n \n\n 0.39\n \n\n 1,182\n \n\n 93,45...

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