Centerra Gold Inc. (TSX: CG) today announces that the Company has filed on SEDAR a Technical Report, entitled “Technical Report on the Gatsuurt Gold Project, Mongolia” dated December 22, 2017 with an effective date of October 31, 2017. The report was prepared in compliance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects. The Technical Report supports the disclosure of the mineral reserves and resources for the Gatsuurt Project contained in Centerra’s news release issued on October 31, 2017. The report also provides further information on the project’s mineral reserve and mineral resource estimates, an updated life-of-mine plan, expected grades and recoveries, development plans, mining methods and metrics including strip ratio, recovery process and production expectations including expected cash flows, capital cost estimates and expected life-of-mine operating costs. The Technical Report was prepared for Centerra by Mr. Chris Sharpe, P.Eng., Kevin P.C.J. D’Souza, C.Eng. and Boris Kotlyar, P.Geo. (each of whom is an employee of Centerra or a subsidiary of Centerra), Mr. Tommaso Roberto Raponi, P.Eng. from T.R. Raponi Consulting Limited, Mr. Lars Weiershäuser , P.Geo. from Roscoe Postle Associates Inc., Mr. Igor Bojanic, from Runge Pincock Minarco, Mr. William Pitman, P.Eng. from Adiuvare Geology and Engineering Ltd. and Mr. Christopher Jacobs, C.Eng. from Micon-International, who are the qualified persons for the technical report for the purposes of NI 43-101, under the supervision of Gordon Reid, Professional Engineer and Centerra’s Vice President and Chief Operating Officer.

Published Date:2017-12-25