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Commissioners Gold Ltd, Gold Production Update

Commissioners Gold Limited (ASX:CGU) is pleased to provide Shareholders with the following update to operations in southern Peru.

Plant Commissioning

The Mollehuaca gold plant is very close to production readiness, with plant infrastructure 95% completed. The tailings field remains the most critical component still in progress, having been built but yet to be lined.

System components (such as the crushing circuit, water supply and leach tanks) are being progressively function tested in preparation for plant commissioning in coming weeks.

Operations are scheduled to commence once the tailings field is complete and our experienced Plant Manager is in residence at the plant.

Commissioning of the refurbished plant will commence with the treatment of mine tailings from the Santa Rosa deposit. An engineer, with previous hands on experience at Santa Rosa, has been tasked with planning logistics for the truck and shovel operations. Treatment of these tailings is expected to produce in total between 680 and 780 ounces of gold per month. Additional treatment capacity at the plants CIL and flotation circuits will be taken up either by additional Santa Rosa tailings or primary ore from nearby satellite mining operations.


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