Centerra Gold Commences Crushing and Stacking Ore at the Öksüt Project
NEWS RELEASE
Centerra Gold Commences Crushing and Stacking Ore at the Öksüt Project
TORONTO, CANADA – November 14, 2019 – Centerra Gold Inc. (“Centerra”) (TSX: CG)
announced today that the Öksüt Project , in Turkey has commenced crushing stockpiled ore and
stacking of crushed ore on the heap leach pad following receipt of normal course approvals from
the Turkish Ministry of Environment and Urbanization. The Öksüt Project remains on schedule
with first gold pour expected in early January 2020.
Scott Perry, President and CEO of Centerra Gold stated, “This is an important milestone for the
project as it moves into operation and is a testament to the hard work that our Öksüt team has put
in to reach this goal. With Öksüt now moving into operation, the mine will soon be the Company’s
third source of gold production.”
Cautionary Note Regarding Forward-looking Information
Information contained in this document which are not statements of historical facts, and the
documents incorporated by reference herein, may be “forward-looking information” for the
purposes of Canadian securities laws. Such forward-looking information involves risks,
uncertainties and other factors that could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied by such forward looking
information. The words “believe”, “expect”, “anticipate”, “contemplate”, “plan”, “intends”,
“continue”, “budget”, “estimate”, “may”, “will”, “schedule”, “understand” and similar
expressions identify forward-looking information. These forward-looking statements relate to,
among other things: expectations regarding the timing of first gold pour at the Öksüt Project.
Forward-looking information is necessarily based upon a number of estimates and assumptions
that, while considered reasonable by Centerra, are inherently subject to significant political,
business, economic and competitive uncertainties and contingencies. Known and unknown factors
could cause actual results to differ materially from those projected in the forward- looking
information. See section titled “Risks that can affect our business” in the Company’s most recently
filed Annual Information Form available on SEDAR at www.sedar.com.. Forward- looking
information is as of November 14, 2019. Centerra assumes no obligation to update or revise
forward-looking information to reflect changes in assumptions, changes in circumstances or any
other events affecting such forward-looking information, except as required by applicable law.
About Centerra
Centerra Gold Inc. is a Canadian- based gold mining company focused on operating, developing,
exploring and acquiring gold properties in North America, Asia and other markets worldwide and
is the largest Western-based gold producer in Central Asia. Centerra operates two flagship assets,
the Kumtor Mine in the Kyrgyz Republic and the Mount Milligan Mine in British Columbia,
Canada and is building its next gold mine, the 100% owned Öksüt Mine in Turkey . Centerra's
shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is based
in Toronto, Ontario, Canada.
Additional information
Additional information on Centerra is available on the Company’s website at
www.centerragold.com and on SEDAR at www.sedar.com.
For further information, please contact:
John W. Pearson
Vice President, Investor Relations
Centerra Gold Inc.
416-204-1953
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