OceanaGold’s Waihi North and Macraes Listed as Proposed Projects Under the Fast-track Approvals Bill in New Zealand
October 6, 2024
News Release
OceanaGold’s Waihi North and Macraes Listed as Proposed Projects
Under the Fast-track Approvals Bill in New Zealand
(VANCOUVER) OceanaGold Corporation (TSX : OGC ; OTCQX: OCANF ) (“OceanaGold” or the
“Company”) welcomes the inclusion of projects at both our Waihi and Macraes mines in the list of proposed
projects under the New Zealand Government’s Fast -track Approvals Bill for regionally and nationally
significant infrastructure and development projects.
Yesterday, the New Zealand Government released the names of 149 Listed Projects that will be eligible to
apply for approvals through processes under the proposed Fast-track Approvals Act. Included in the list
was the Waihi North Pr oject, which includes the highly prospective Wharekirauponga (WKP) proposed
underground mine, as well as the Macraes Phase 4 Project, a mine extension permit.
Gerard Bond, President & CEO of OceanaGold, said “I am delighted to see both of our projects on the list
for consideration under the new Fast -track Approvals Bill. W e welcome a clear and timely regulatory
process in New Zealand which supports the development of projects that can provide economic benefits
while respecting important environmental, cultural and social protections. Expediting the permitting of our
projects will preserve the jobs of 1,000 employees we have in New Zealand, provides new jobs and will
deliver wider economic benefits for the local communities and the country.”
The Fast-track Approvals Bill is expected to be passed into law later this year , allowing listed projects to
apply directly to a Government-appointed expert panel for final decision.
For further information please contact:
Investor Relations:
Rebecca Henare, Director, Investor Relations
Tel: 1 (604) 678-4095
Media Relations:
Louise Burgess, Director, Communications
Tel: 1 (604) 403-2019
www.oceanagold.com
About OceanaGold
OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly
maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our
shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of
America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
Cautionary Statement for Public Release
Certain information contained in this public release may be deemed “forward- looking” within the meaning
of applicable securities laws. Forward-looking statements and information relate to future performance and
reflect the Company’s expectations regarding the generation of free cash flow, execution of business
strategy, future growth, future production, estimated costs, results of operations, business prospects and
opportunities of OceanaGold Corporation and its related subsidiaries. Any statements that express or
involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or
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occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-
looking statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ materially from those expressed in the forward- looking statements and information. They
include, among others, the accuracy of mineral reserve and resource estimates and related assumptions,
inherent operating risks and those risk factors identified in the Company’s most recent Annual Inf ormation
Form prepared and filed with securities regulators which is available on SEDAR+ at www.sedarplus.com
under the Company’s name. There are no assurances the Company can fulfil forward- looking statements
and information. Such forward- looking statements and information are only predictions based on current
information available to management as of the date that such predictions are made; actual events or results
may differ materially as a result of risks facing the Company, some of which are beyond the Company's
control. Although the Company believes that any forward-looking statements and information contained in
this press release is based on reasonable assumptions, readers cannot be assured that actual outcomes
or results will be consistent with such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and information. The Company expressly disclaims any intention or obligation
to update or revise any forward-looking statements and information, whether as a result of new information,
events or otherwise, except as required by applicable securities laws. The inf ormation contained in this
release is not investment or financial product advice.