PRU Perseus Mining

Perseus Mining announces maiden underground reserve at Yaoure

Perseus Mining announces maiden underground reserve at Yaoure

Perth, Aug. 30, 2022 (GLOBE NEWSWIRE) -- PERSEUS MINING ANNOUNCES MAIDEN UNDERGROUND ORE RESERVE AT YAOURÉ



Perth, Western Australia/August 30, 2022/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce a maiden Ore Reserve of 2.2Mt at 3.58g/t for 259koz for the initial stages of mining of the CMA orebody by underground methods beneath the existing CMA open pit, at its Yaouré Gold Mine in Côte d’Ivoire.

A Pre-Feasibility Study (PFS) on the drilled-out portion of the CMA deposit at Yaouré (approximately two hundred metres down dip) has been completed which has proven the economic and technical viability of underground mining immediately beneath the existing open pit, adding additional value to the Yaouré Gold Mine.

More widely spaced drilling below the underground Ore Reserve has shown that mineralisation extends deeper allowing an extension to Inferred Mineral Resources at depth. The total Mineral Resource for CMA underground now exceeds 1Moz.

In addition, Perseus is pleased to report encouraging results from exploration drilling of the first hole in a deep drilling program to explore the potential for mineralisation well below any previously drilled holes.

Extension of Inferred Mineral Resources and continued drilling success down-dip, provides strong encouragement for further expansion of the CMA underground.

HIGHLIGHTS

  • Indicated Mineral Resources at CMA underground amount to 3.7Mt at 4.48g/t for 537,000 ounces of contained gold, and Inferred Mineral Resources are estimated at 3.7Mt at 4.1 g/t gold containing 488,000 ounces of gold.
  • Maiden underground Probable Ore Reserves estimated to date total 2.2Mt of ore grading 3.58g/t gold and containing 259,000 ounces of gold.
  • Addition of the CMA underground to the Yaouré Gold Mine has the potential to extend the LOM and increase the annual ounce production profile by substituting low grade open pit feed with higher grade underground Ore Reserves.
  • The first hole in a drilling program to test a target generated from the 2020 3D seismic survey has intersected CMA mineralisation significantly further down dip than any previously drilled hole, intersecting 6m at 2.11g/t, including 2m at 5.5g/t.

Attachment 



Nathan Ryan
Media Relations
 7
 
Claire Hall
Corporate Communications
EN
29/08/2022

Underlying

PRUPerseus Mining

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Perseus Mining

 PRESS RELEASE
Free
PRU PERSEUS MINING

PRU H1 FY26 Results Announcement

PRU H1 FY26 Results Announcement Perth, WA, Feb. 20, 2026 (GLOBE NEWSWIRE) -- PERSEUS MINING REPORTS US$185.5 MILLION PROFIT AFTER TAX FOR H1 FY26 AND INCREASES INTERIM DIVIDEND BY 100% TO AUD 5.0 CENTS. Mid-tier, gold producer, developer and explorer, Perseus Mining Limited (ASX/TSX: PRU) is pleased to report material improvements across all key financial metrics including revenue, EBITDA, profit after tax, operating cash flow and net cash position in its Interim Financial Report for the six months ending 31 December 2025 (H1 FY26). HIGHLIGHTS Revenue increased to US$608.5 million, up...

February 19, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

PRU increases Nyanzaga Project Ore Reserves to 4.0Moz

PRU increases Nyanzaga Project Ore Reserves to 4.0Moz Perth, WA, Feb. 20, 2026 (GLOBE NEWSWIRE) -- PERSEUS MINING INCREASES NYANZAGA GOLD PROJECT ORE RESERVES TO 4.0 Moz Overview Perth, Western Australia/ February 20, 2026/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce an updated Ore Reserve of 4.0 Moz for the Nyanzaga Gold Project (NGP) in Tanzania (Table 1). This represents a 73% increase to the 2.3 Moz Ore Reserve reported in April 2025 as part of the updated NGP Feasibility Study (FS). A summary of the release is included below. For the full release including JORC tab...

February 19, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

Half Year FY26 Results - Investor Webinar (corrected version)

Half Year FY26 Results - Investor Webinar (corrected version) Perth, Western Australia, Feb. 04, 2026 (GLOBE NEWSWIRE) -- HALF YEAR FY26 RESULTS - INVESTOR WEBINAR / CALL Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its H1 FY26 Results, which are anticipated for release around 8:30am AEDT on Friday 20 February 2026. CALL DETAILS Australia: Friday 20 February 2026Perth – 7:00amSydney/Melbourne – 10:00amCanada: Thursday 19 February 2026Vancouver – 3:00pm Toronto – 6:00pmUK: Thursday 19 February 2026London – 11:00pm Register for the i...

February 4, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

Quarterly Report Investor Webinar

Quarterly Report Investor Webinar Perth, Western Australia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- QUARTERLY REPORT INVESTOR WEBINAR / CALL Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its H1 FY26 Results, which are anticipated for release around 8:30am AEDT on Friday 20 February 2026. CALL DETAILS Australia: Friday 20 February 2026Perth – 7:00amSydney/Melbourne – 10:00amCanada: Thursday 19 February 2026Vancouver – 3:00pm Toronto – 6:00pmUK: Thursday 19 February 2026London – 11:00pm Register for the investor webinar at the link below: ...

February 4, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

December 2025 Quarter Report

December 2025 Quarter Report Perth, WA, Jan. 29, 2026 (GLOBE NEWSWIRE) --                                                                                                                           DECEMBER 2025 QUARTER REPORT Perseus Mining sustained operational performance         resulting in cash & bullion balance of US$755 million PERTH, Western Australia/January 29, 2026/Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) reports on its activities for the three months’ period ended December 31, 2025 (the “Quarter”). A summary is included below with the full rele...

January 29, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch