Centamin Egypt Limited (CEY.LN) said Monday the Sukari Gold Project has achieved yet another important milestone with the start of gold exports to a nominated overseas gold refinery, Johnson Matthey (JMAT.LN).

MAIN FACTS:

-The commencement of gold exports from Sukari coincides with the achievement of optimal design throughput at the Sukari Gold Project during December 2009.

-The 4 million ton per year processing facility is now performing in accordance with commercial production standards and in line with design specifications.

-Sukari has a current mineral reserve of 142 million tons at 1.4g/t Au for 6.4 million oz.

-The current mineral resource stands at 210 million tons at 1.52g/t Au for 10.29 million oz Measured and Indicated, and 66 million tons at 1.6g/t Au for 3.4 million oz Inferred.

-The achievement of the above milestones are a result of the extraordinary efforts and dedication of the entire team at Centamin and the co-operation of the Egyptian Government, in particular His Excellency Sameh Fahmy Minister for Petroleum and Mineral Resources.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
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