Perseus Pours First Gold at Yaouré Five Weeks Ahead of Schedule
Perseus Pours First Gold at Yaouré Five Weeks Ahead of Schedule
PERTH, Western Australia, Dec. 17, 2020 Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) is pleased to advise it has successfully completed the first pour of gold at its Yaouré Gold Mine in Côte d’Ivoire. Perseus achieved this important milestone nearly five weeks ahead of schedule, consistent with its “stretch target” of first gold at Yaouré in December 2020.
With construction of the Yaouré processing plant and associated infrastructure largely complete, Perseus will now focus on satisfying continuous performance tests and positioning to declare Commercial Production. Perseus expects to achieve both during the March 2021 quarter, when the first shipment of gold from the Yaouré mine site is also expected to occur.
It has been a year of considerable challenges but ultimately a rewarding year with the major milestone being the mine permitting of our CS Pozzolan-Perlite Project in Nevada, USA. After many delays and frustrations, the Environmental Assessment for the project was completed in July 2020 and, after a public comment period, a Finding of No Significant Impact was handed down by the chief regulator, the US Bureau of Land Management. This paved the way for the issue of the mine permit Decision of Record and the mine Reclamation Permit, and the process plant Air Quality Control Permit was awarded shortly thereafter.