Centerra Gold Files Technical Report for Gatsuurt Project
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
N
EWS RELEASE
Centerra Gold Files Technical Report for Gatsuurt Project
Toronto, Canada, December 22, 2017: 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.
T
he 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 g rades 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.
T
he 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.
A
bout 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. Centerra operates two
flagship assets, the Kumtor Mine in the Kyrgyz Republic and the Mount Milligan Mine in British Columbia,
Canada and is the largest Western -based gold producer in Central Asia. Centerra's shares trade on the
Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto, Ontario, Canada.
C
aution Regarding Forward-Looking Information
Information contained in this news release which are not statements of historical facts 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 and performance to differ
materially from those expressed or implied by such forward- looking information. The words “believe”,
“expect”, “anticipate”, and similar expressions identify forward-looking information. These forward-looking
statements relate to, among other things, 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.
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
2
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while
considered reasonable by Centerra Gold Inc. (“Centerra”) are inherently subject to significant political,
business, economic and competitive uncertainties, and contingencies. There may be factors that cause results,
assumptions, performance, achievements, prospects, or opportunities in future periods not to be as anticipated,
estimated, or intended. These factors may include following risks relating to the Gatsuurt Gold Project and/or
Centerra: (A) strategic, legal, planning and other risks, including political risk; resource nationalism including
the management of external stakeholder expectations; the impact of changes in, or to the mor e aggressive
enforcement of laws, regulations and government practices; the impact of changes to and the increased
enforcement of, environmental laws and regulations; potential defects of title to the property that are not
known as of the date hereof; the inability of Centerra to enforce its respective legal rights in certain
circumstances; risks related to anti -corruption legislation; potential risks related to kidnapping or acts of
terrorism; (B) risks relating to financial matters, sensitivity of the business to the volatility of metal prices; the
imprecision of Mineral Reserves and Mineral Resources estimates, and the assumptions they rely on; the
accuracy of the production and cost estimates; and (C) risks related to operational matters and geotechnical
issues, including the adequacy of insurance to mitigate operational risks; mechanical breakdowns; the
occurrence of any labour unrest or disturbance; the ability to accurately predict decommissioning and
reclamation costs, including closure costs; and the ability to attract and retain qualified personnel. See section
titled “Risk Factors” in the Company’s most recently filed MD&A for December 31, 2016 and Annual
Information Form available on SEDAR at www.sedar.com.
There can be no assurances that forward -looking information and statements will prove to be accurate, as
many factors and future events, both known and unknown could cause actual results, performance or
achievements to vary or differ materially, from the r esults, performance or achievements that are or may be
expressed or implied by such forward- looking statements contained herein or incorporated by reference.
Accordingly, all such factors should be considered carefully when making decisions with respect to Centerra,
and prospective investors should not place undue reliance on forward looking information. Forward- looking
information is as of December 22, 2017. 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.
For more information:
John W. Pearson
Vice President, Investor Relations
(416) 204-1953
Additional information on Centerra is available on the Company’s web site at www.centerragold.com
and at SEDAR at www.sedar.com.
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