Perseus Mining Limited: June 2021 Quarter Report

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File quarter for Perseus

Half and Full 12 months gold manufacturing exceeds steering

PERTH, Western Australia, July 20, 2021 (GLOBE NEWSWIRE) — Perseus Mining Restricted (“Perseus” or the “Firm”) (TSX & ASX: PRU) studies on its actions for the three months’ interval ended June 30, 2021 (the “Quarter”). The report with JORC tables is obtainable for obtain from www.perseusmining.com and www.asx.com.au.

Government Abstract

  • File quarterly gold manufacturing of 102,788 ounces, up 16% on the March 2021 quarter and up 50% on the December 2020 quarter.
  • Half yr gold manufacturing of 191,246 ounces1 and FY2021 gold manufacturing of 328,632 ounces1, each exceeding the highest finish of their respective manufacturing steering ranges.
  • Quarterly gold gross sales elevated 23% to 106,899 ounces at a median realised gold worth of US$1,652 per ounce, 1.5% greater than the prior quarter.
  • Weighted common all-in website price (AISC) was US$1,047 per ounce, US$48 greater than within the final quarter2.
  • Notional cashflows from operations for the quarter totalled US$62.1 million, US$20.9 million or 51% extra than within the March 2021 quarter.

Desk 1: Working and Monetary Abstract

Efficiency Indicator Unit December
2020

Half 12 months
March
2021
Quarter
June
2021
Quarter
June
2021
Half 12 months
2021
Monetary
12 months
Gold recovered1 Ounces 137,386 88,458 102,788 191,246 328,632
Gold poured1 Ounces 133,717 86,042 105,468 191,510 325,227
Manufacturing Value2 US$/ounce 868 852 921 894 883
All-In Web site Value (AISC)2 US$/ounce 1,000 999 1,047 1,030 1,016
Gold gross sales1 Ounces 127,085 87,215 106,899 194,114 321,199
Common gross sales worth2 US$/ounce 1,643 1,628 1,652 1,642 1,642
Notional Cashflow2 US$ million 87.1 41.2 62.1 103.3 190.4

Notes:
1. Contains Yaouré knowledge from graduation of operations in December 2020 quarter.
2. Contains Yaouré knowledge from declaration of Business Manufacturing on 31 March 2021.

  • Half yr and monetary yr AISCs of US$1,030 and US$1,016 per ounce respectively, each positioned within the decrease half of their respective price steering ranges.
  • Steerage for gold manufacturing and AISC for the December 2021 half yr set at 225,000 to 255,000 ounces at a value of US$925 to US$1,025 per ounce.
  • Perseus stays on observe to attain its objective of manufacturing greater than 500,000 ounces of gold per yr at a money working margin of not lower than US$400 per ounce in FY2022.
  • Out there money and bullion readily available of US$156.1 million and debt of US$100.0 million, giving a internet money place of US$56.1 million at quarter finish, US$50.3 million extra than on the finish of final quarter.
  • Exploration programmes continued to generate encouraging outcomes from prospects shut to every working mine, demonstrating potential to organically develop the Group’s stock of Mineral Assets and Ore Reserves.

MINING OPERATIONS

GROUP PRODUCTION, COSTS AND NOTIONAL CASHFLOW

Perseus’s three working gold mines, Edikan in Ghana, and Sissingué and Yaouré in Côte d’Ivoire, carried out strongly within the June 2021 quarter, producing a mixed complete of 102,788 ounces of gold, 16% greater than within the prior quarter (see Desk 2 for a abstract of price and manufacturing by mine) and 50% greater than within the December 2020 quarter.

For the Half 12 months to 30 June 2021, Group gold manufacturing totalled 191,246 ounces1 in comparison with manufacturing steering for a similar interval of 175,000 to 190,0000 ounces whereas gold manufacturing throughout the Monetary 12 months to 30 June 2021 totalled 328,6321 ounces in comparison with manufacturing steering of 312,386 to 327,386 ounces. In each intervals, gold manufacturing exceeded the highest finish of the steering vary.

Gold gross sales from all three operations totalled 106,899 ounces, 23% greater than final quarter. The weighted common gold worth2 realised from gross sales of gold was US$1,652 per ounce, 1.5% greater than the value obtained within the March 2021 quarter.

The weighted common manufacturing prices2 at Yaouré, Sissingué and Edikan had been US$921 per ounce, whereas AISCs of US$1,047 per ounce of gold had been recorded throughout the quarter. These prices had been 8% and 5% increased respectively than comparative prices incurred within the earlier quarter.

Desk 2: Value and Manufacturing Abstract by Mine

  Whole Gold Produced (Ounces) All in Web site Value (US$/ounce)
Mine Dec 2020
Quarter
March 2021
Quarter
June 2021
Quarter
Dec 2020
Quarter
March 2021
Quarter
June 2021
Quarter
Edikan 39,105 40,824 42,221 1,266 1,202 1,217
Sissingué 26,822 25,539 23,224 701 675 676
Yaouré 2,687 22,095 37,343 1,036
Perseus Group1,2 68,614 88,458 102,788 1,036 999 1,047

Perseus’s common money margin for the quarter was US$605 per ounce, roughly US$24 per ounce lower than that achieved throughout the March 2021 quarter. Notional working cashflow from operations of US$62.1 million, was US$20.9 million or 51% greater than that generated within the prior interval, pushed by the inclusion of notional cashflow from Yaouré following declaration of business manufacturing on the finish of March 2021 and by quarter-on-quarter manufacturing development of 16%.

Desk 3 beneath summarises the quarterly realised gold worth and money movement throughout the operations.

Desk 3: Realised Gold Value and Notional Money Movement by Mine

  Realised Gold Value (US$ per ounce) Notional Money Movement from Operations (US$ Million)
Mine Dec 2020
Quarter
March 2021
Quarter
June 2021
Quarter
Dec 2020
Quarter
March 2021
Quarter
June 2021
Quarter
Edikan 1,614 1,574 1,628 13.6 15.2 17.4
Sissingué 1,795 1,693 1,637 29.3 26 20.5
Yaouré 1,684                  24.2
Perseus Group1,2 1,687 1,628 1,652 42.9 41.2 62.1

Whole Recordable Harm Frequency Charges (TRIFR) at every producing mine as much as the top of the June 2021 quarter had been Edikan 1.49, Sissingué 1.37 and Yaouré 1.59. Sissingué and Yaouré carried out higher than their 2021 Monetary 12 months TRIFR steady enchancment targets whereas Edikan fell in need of its goal. The Group maintained its file of zero fatalities throughout the enterprise throughout the 2021 Monetary 12 months.

Notes:
1. Contains Yaouré manufacturing knowledge from graduation of operations in December 2020 quarter.
2. All prices and gross sales related to gold produced at Yaouré within the December 2020 and March 2021 quarters are excluded from the Group’s reported mixed AISC, gross sales worth, money margin and notional working money movement, as these had been capitalised in accordance with IFRS, pending declaration of Business Manufacturing at Yaouré on 31 March 2021.

YAOURÉ GOLD MINE, CÔTE D’IVOIRE

Following declaration of business manufacturing on the finish of the March 2021 quarter, operations at Yaouré have settled into a gradual rhythm with most KPIs being often achieved or exceeded, delivering outcomes that surpassed Half 12 months manufacturing and price steering to the market.

Through the quarter, Yaouré produced 37,343 ounces of gold at a manufacturing price of US$951 per ounce and an AISC of US$1,036 per ounce. The weighted common gross sales worth of the 42,264 ounces of gold offered throughout the quarter was US$1,684 per ounce, giving rise to a money margin of US$648 per ounce. Notional cashflow generated from the Yaouré operations amounted to US$24.2 million for the quarter.

Because the quarter progressed, the supply of higher-grade recent ore from the CMA pit elevated and this materials was progressively added to the mix of ore fed to the plant, displacing decrease grade materials drawn from decommissioned heap leach pads and low-grade oxide ore stockpiles.

On a half yearly foundation, Yaouré produced 59,438 ounces of gold at a manufacturing price of US$951 per ounce and an AISC of US$1,036 per ounce. This exceeded the beforehand introduced market steering of 48-52,000 ounces at an AISC of US$1,100-1,300 per ounce for the interval. The weighted common gross sales worth of the 54,182 ounces of gold offered throughout the Half 12 months was US$1,692 per ounce.

Desk 4 beneath summarises the important thing efficiency statistics achieved at Yaouré throughout the quarter, half and monetary yr.

BACK UP POWER SUPPLY

On account of nationwide energy restrictions in Côte d’Ivoire imposed by energy producing authorities, energy draw at Yaouré throughout the quarter was periodically diminished, limiting course of plant throughput charges. In response to those restrictions, an 18 MW standby diesel fired energy station was acquired and put in throughout the quarter. Because the finish of the quarter, the ability station has been totally commissioned, eliminating the potential for future energy shortages. Within the coming quarter, a research will begin to research the potential for changing the diesel fired turbines with a longer-term energy resolution involving both the total or partial use of renewable vitality sources together with photo voltaic and or wind energy.

MINERAL RESOURCE TO MILL RECONCILIATION

The reconciliation of processed ore tonnes, grade and contained gold relative to the Yaouré Mineral Useful resource block mannequin throughout the quarter and for the seven months from graduation of ore processing in November 2020 are proven in Desk 5. Over the last 3 months, 20% extra ore tonnes at 4% increased grade have been produced in comparison with the Mineral Useful resource mannequin. Over the primary seven months of operation, Yaouré has produced barely extra steel than predicted by the Mineral Useful resource mannequin. The month of June 2021 was the primary interval through which many of the ore feed derived from newly mined open pit ore. Previous to this, many of the ore feed comprised materials reclaimed from decommissioned heap leach pads constructed throughout from earlier operations. The efficiency of the Yaouré Mineral Useful resource mannequin thus far is taken into account passable.

Desk 4: Yaouré Quarterly Efficiency

Parameter Unit December
2020
Half 12 months
March
2021
Quarter
June
2021
Quarter
June
2021
Half 12 months
2021
Monetary
12 months
Gold Manufacturing & Gross sales1          
Whole materials mined Tonnes 6,449,440 8,816,630 8,162,858 16,979,488 23,428,928
Whole ore mined Tonnes 128,148 163,476 496,144 659,620 787,768
Common ore grade g/t gold 0.78 0.82 1.37 1.23 1.16
Strip ratio t:t 49.3 52.9 15.45 24.74 28.74
Ore milled Tonnes 122,545 624,827 837,350 1,462,177 1,584,722
Milled head grade g/t gold 1.01 1.27 1.51 1.40 1.37
Gold restoration % 67.7 86.8 92.09 90.01 88.74
Gold produced ounces 2,687 22,095 37,343 59,438 62,125
Gold gross sales3 ounces 0 11,918 42,264 54,182 54,182
Common gross sales worth US$/ounce 0 1,719 1,684 1,692 1,692
Unit Manufacturing Prices2          
Mining price US$/t mined 0 0 2.71 2.71 2.71
Processing price US$/t milled 0 0 9.90 9.90 9.90
G & A price US$M/month 0 0 1.70 1.70 1.70
All-In Web site Value2        
Manufacturing price US$/ounce 0 0 951 951 951
Royalties US$/ounce 0 0 83 83 83
Sub-total US$/ounce 0 0 1,033 1,033 1,033
Sustaining capital US$/ounce 0 0 3 3 3
Whole All-In Web site Value4 US$/ounce 0 0 1,036 1,036 1,036
Notional Money Movement from Operations2      
Money Margin US$/ounce 0 0 648 648 648
Notional Money Movement US$M 0 0 24.2 24.2 24.2

Notes:
1. Contains Yaouré knowledge from graduation of operations in December 2020 quarter.
2. Contains Yaouré knowledge from declaration of Business Manufacturing on 31 March 2021.
3. Gold gross sales are recognised in Perseus’ accounts when gold is delivered to the shopper from Perseus’ steel account.
4. Included within the June quarter All-In Web site Prices is US$5.28 million of prices referring to extra waste stripping. When reporting Value of gross sales, according to accepted apply underneath IFRS, this price can be capitalised to the steadiness sheet and the prices amortised over the rest of the related pit life.

    Desk 5: Yaouré Block Mannequin to Mill Reconciliation

Parameter Block Mannequin to Mill Correlation Issue
3 Months 7 Months to Date
Tonnes of Ore 1.20 1.00
Head Grade 1.04 1.04
Contained Gold 1.25 1.04

REVISED LIFE OF MINE PLAN

To coincide with the discharge of Perseus’s annual Ore Reserve and Mineral Useful resource Assertion replace throughout the September 2021 quarter, Perseus may even launch an up to date lifetime of mine plan (LOMP) for Yaouré. This plan won’t be materially completely different to beforehand launched Yaouré LOMPs though it can replicate incremental additions to Yaouré’s Mineral Assets and Ore Reserves ensuing from profitable exploration programmes performed throughout the monetary yr in addition to incorporate working prices primarily based on present consumable provide contracts and workforce construction.

SISSINGUÉ GOLD MINE, CÔTE D’IVOIRE

On a half yearly foundation, Sissingué produced 48,763 ounces of gold at a manufacturing price of US$580 per ounce and an AISC of US$715 per ounce. This exceeded the beforehand introduced market steering of 39,500-43,000 ounces at an AISC of US$650-725 per ounce for the interval. For the 2021 monetary yr, gold manufacturing totalled 104,672 ounces at an AISC of US$676 per ounce. This additionally in contrast very properly to monetary yr market steering of 95,409 – 98,909 ounces at US$646-677 per ounce. The weighted common gross sales worth of the 55,519 ounces of gold offered throughout the half yr was US$1,670 per ounce whereas the 102,635 ounces offered throughout the 2021 monetary yr had been offered at a weighted common gross sales worth of US$1,682 per ounce.

Through the quarter, 23,224 ounces of gold had been produced at Sissingué at a manufacturing price of US$628 per ounce and an AISC of US$754 per ounce. The weighted common gross sales worth of the 21,672 ounces of gold offered throughout the quarter was US$1,637 per ounce, giving rise to a money margin of US$883 per ounce. Notional cashflow generated from the Sissingué operations amounted to US$20.5 million for the quarter, US$5.5 million lower than within the prior quarter largely resulting from 12% increased AISC, decrease realised gold worth and a 9% lower within the mine’s quarter-on-quarter gold manufacturing.

The full of 327,043 dry metric tonnes of ore milled throughout the quarter was 21% greater than within the prior quarter, reflecting materially improved runtime of 95% throughout the quarter and a ten% enhance in throughput charges. The improved amount of fabric processed was nonetheless offset by two components. At 91%, the gold restoration price was decrease than the speed of 94% achieved within the prior quarter reflecting the anticipated decrease restoration of recent ore. The affect of this lower was compounded by a lower in head grade of ore handled from 3.13g/t to 2.42g/t which was additionally anticipated as we moved out of a zone of significantly high-grade ore within the backside of the stage 3 pit.

Unit manufacturing prices for the quarter at US$628 per ounce had been 18% increased than within the prior interval partially resulting from decrease gold manufacturing. The rise in unit mining prices was largely a perform of diminished tonnes mined, attributable to climate and in addition deepening of the pit. The rise in unit processing prices was increased than anticipated on condition that tonnes of ore processed additionally elevated. This was resulting from a number of components together with the USD:CFA alternate price that brought on a rise in energy prices in USD phrases, increased reagent consumption as ore varieties modified and in addition the timing of a mill reline that elevated upkeep prices.

AISCs at US$754 per ounce had been 12% increased than the AISC recorded within the prior interval. As famous above, manufacturing prices had been increased within the interval, as had been royalty prices nonetheless sustaining capital expenditure was decrease, falling from US$40 per ounce to US$12 per ounce reflecting a discount of labor on elevating the extent of the tailings dam.

Desk 6 beneath summarises the important thing efficiency statistics at Sissingué throughout the quarter in addition to in prior intervals.

MINERAL RESOURCE TO MILL RECONCILIATION

The reconciliation of processed ore tonnes, grade and contained ounces relative to the Sissingué Mineral Useful resource block mannequin on which mine plans are primarily based is proven in Desk 7. Over the last 3 months, 8% extra ore tonnes at 5% increased grade have been produced in comparison with the Mineral Useful resource mannequin. Over every of the final six and 12-month intervals, Sissingué has produced extra steel than predicted by the Mineral Useful resource mannequin, primarily due to grade management outlining elevated tonnages of ore. Perseus regards the outperformance as being inside regular business requirements.

FEASIBILITY STUDY FOR DEVELOPMENT OF THE VÉRONIQUE, ANTOINETTE AND JULIETTE ORE DEPOSITS

Work superior throughout the quarter on a Definitive Feasibility Examine (DFS) of an operation involving mining ore from three satellite tv for pc deposits situated on the Bagoé exploration allow and trucking the ore again to the Sissingué plant for processing.

Work on the DFS is because of be accomplished on the finish of July 2021, after which it will likely be lodged with the Ivorian Division of Mines, Petroleum and Power together with an Environmental and Social Influence Evaluation (ESIA) being ready by native consultants (CECAF). These paperwork will type the premise of an utility for an Exploitation Allow (EP) protecting the Bagoé exploration allow space.

Desk 6: Sissingué Quarterly Efficiency

Parameter Unit December
2020
Half 12 months
March
2021
Quarter
June
2020
Quarter
June
2021
Half 12 months
2021
Monetary
12 months
Gold Manufacturing & Gross sales          
Whole materials mined Tonnes 1,978,650 1,047,159 690,977 1,738,136 3,716,786
Whole ore mined Tonnes 847,537 515,902 335,650 851,552 1,699,089
Common ore grade g/t gold 2.42 2.34 1.80 2.13 2.28
Strip ratio t:t 1.3 1.0 1.1 1.0 1.2
Ore milled Tonnes 665,279 269,373 327,043 596,416 1,261,695
Milled head grade g/t gold 2.78 3.13 2.42 2.7 2.8
Gold restoration % 94.2 93.7 91.4 92.6 93.4
Gold produced ounces 55,909 25,539 23,224 48,763 104,672
Gold gross sales1 ounces 47,116 33,847 21,672 55,519 102,635
Common gross sales worth US$/ounce 1,695 1,693 1,637 1,670 1,682
Unit Prices            
Mining price US$/t mined 5.78 5.40 7.30 6.20 6.00
Processing price US$/t milled 17.67 18.61 19.0 18.8 18.2
G & A price US$M/month 1.15 0.99 1.10 1.05 1.10
All-In Web site Prices          
Manufacturing price US$/ounce 539 533 628 580 558
Royalties US$/ounce 86 102 114 107 96
Sub-total US$/ounce 625 635 742 687 654
Sustaining capital US$/ounce 18 40 12 28 22
Whole All-In Web site Value US$/ounce 643 675 754 715 676
Notional Money Movement from Operations          
Money Margin US$/ounce 1,052 1,018 883 956 1,006
Notional Money Movement US$M 58.8 26.0 20.5 46.6 105.3

Notes:
1. Gold gross sales are recognised in Perseus’ accounts when gold is delivered to the shopper from Perseus’ steel account.

Desk 7: Sissingué Block Mannequin to Mill Reconciliation

Parameter Block Mannequin to Mill Correlation Issue
3 Months 6 Months 1 12 months
Tonnes of Ore 1.33 1.25 1.08
Head Grade 0.98 0.93 0.97
Contained Gold 1.31 1.16 1.07

EXPLOITATION LICENCE GRANTED FOR FIMBIASSO ORE DEPOSIT

In early July 2021, the Ivorian Council of Ministers and the President of the Republic of Côte d’Ivoire permitted and executed a decree granting an EP protecting the Fimbiasso gold deposit within the departments of Tengréla, Madinani and Kouto in Northern Côte d’Ivoire to one in every of Perseus’s subsidiary firms.

With the granting of the EP, detailed mine planning can now proceed with certainty. Following the completion of the DFS for the event of Véronique, Antoinette and Juliette satellite tv for pc deposits referred to above, an up to date LOMP combining actions on every of the Sissingué, Fimbiasso and Bagoé ore deposits can be accomplished. The goal date for the general public launch of this revised LOMP, which is predicted to increase the lifetime of the Sissingué processing operation to at the least FY2024 with out additional discovery of ore, is the top of the September 2021 quarter.

EDIKAN GOLD MINE, GHANA

Through the half yr to 30 June 2021, Edikan produced 83,045 ounces of gold at a manufacturing price of US$1,054 per ounce and an AISC of US$1,213 per ounce. For the 2021 monetary yr, gold manufacturing totalled 161,835 ounces at an AISC of US$1,231 per ounce. The weighted common gross sales worth of the 84,412 ounces of gold offered throughout the half yr was US$1,602 per ounce whereas the 164,381 ounces offered throughout the full 2021 monetary yr had been offered at a weighted common gross sales worth of US$1,607 per ounce.

Within the June 2021 quarter, Perseus produced 42,221 ounces of gold at Edikan (3% greater than within the March quarter) at a manufacturing price of US$1,057 per ounce and an AISC of US$1,217 per ounce. These prices had been according to comparable prices recorded within the prior interval. Gold gross sales (42,962 ounces) had been 4% greater than within the prior quarter, at a weighted common realised gold worth of US$1,628 per ounce. This generated a money margin of US$411 per ounce, 10% greater than within the March quarter and notional cashflow of US$17.4 million, 14% greater than within the prior interval.

Through the quarter, Edikan processed ore from the AG and Fetish pits in addition to from the ROM stockpiles. Runtime of the plant improved from 90% to 93%. Reflecting the properties of the mill feed, throughput charges elevated by 1%, head grade was fairly regular at 0.92 g/t and the typical gold restoration price for the quarter was regular at 85%. Whereas these KPIs resulted in a 3% enhance in gold manufacturing, each head grade and restoration charges had been beneath expectations, due partially to a shortfall of accessible ore from the Fetish pit. This resulted within the addition to the feed mix of extra decrease grade ore from the ROM stockpiles than deliberate, to take care of throughput charges.  

As famous above, manufacturing prices for the quarter at US$1,057 per ounce had been fairly regular reflecting barely increased unit mining prices and G&A prices, largely offset by decrease unit processing prices. Unit mining prices at US$3.30 per tonne had been 6% increased than within the prior interval, however with 4% extra tonnes mined this mirrored a bigger enhance within the mining price base resulting from gear availability problems with contractors and a rise within the quantity of grade management drilling required within the Fetish pit. Unit processing prices at $9.00 per tonne had been 12% decrease than the prior interval, reflecting a 6% enhance in tonnes of ore milled in addition to decrease upkeep prices and decrease reagent utilization throughout the quarter, offset barely by increased energy prices resulting from common use of stand by turbines to offer energy to the processing facility. G&A prices at US$1.38 million monthly had been according to prices incurred within the previous quarter.

The quarterly AISC at US$1,217 per ounce was US$15.00 per ounce or 1% increased than the prior quarter. Whereas increased manufacturing prices accounted for US$6 per ounce of the US$15 per ounce enhance, a big enhance in sustaining capital (US$69 per ounce in comparison with US$30 per ounce) associated to buy of upkeep supplies to be put in later within the yr, partially offset by a lower in royalties ensuing from the timing of royalty funds, accounted for the remaining US$9 per ounce enhance in AISC.

Desk 8 beneath summarises the important thing efficiency statistics at Edikan throughout the quarter in addition to in prior intervals.

MINERAL RESOURCE TO MILL RECONCILIATION

Reconciliation of processed tonnes and grade of ore relative to the Mineral Useful resource block fashions for Edikan’s Fetish and AG pits indicated a continuation of the deteriorating efficiency of the Fetish Useful resource mannequin recorded in prior intervals. After infill drilling (1,122 metres in 9 RC holes) and updating of the geological interpretation, Perseus up to date the Fetish Mineral Useful resource mannequin throughout the quarter to extra carefully replicate the tonnes and grades situated by grade management throughout the March quarter. The improved reconciliation figures proven in Desk 9 for the three months interval to 30 June replicate adoption of the brand new Useful resource mannequin from the start of Might 2021.

Desk 9: Edikan Block Mannequin to Mill Reconciliation

Parameter Block Mannequin to Mill Correlation Issue
3 Months 6 Months 12 months
Tonnes of Ore 0.93 0.89 0.96
Head Grade 0.85 0.86 0.90
Contained Gold 0.80 0.76 0.87

Desk 8: Edikan Quarterly Efficiency

Parameter Unit December
2020
Half 12 months
March
2021
Quarter
June
2020
Quarter
June
2021
Half 12 months
2021
Monetary
12 months
Gold Manufacturing & Gross sales          
Whole materials mined Tonnes 14,534,282 7,266,051 7,563,884 14,829,935 29,364,217
Whole ore mined Tonnes 1,868,339 887,650 1,081,133 1,968,783 3,837,122
Common ore grade g/t gold 1.17 1.06 1.10 1.08 1.13
Strip ratio t:t 6.8 7.2 6.00 6.5 6.7
Ore milled Tonnes 3,422,149 1,595,443 1,684,992 3,280,435 6,702,584
Milled head grade g/t gold 0.95 0.95 0.92 0.93 0.94
Gold restoration % 75.2 85.1 85.0 85.0 79.9
Gold produced ounces 78,790 40,824 42,221 83,045 161,835
Gold gross sales1 ounces 79,969 41,450 42,962 84,412 164,381
Common gross sales worth US$/ounce 1,612 1,574 1,628 1602 1607
Unit Prices            
Mining price US$/t mined 3.09 3.10 3.30 3.22 3.15
Processing price US$/t milled 9.50 10.20 9.00 9.60 9.60
G & A price US$M/month 1.57 1.36 1.38 1.39 1.47
All-In Web site Prices          
Manufacturing price US$/ounce 1,102 1,051 1,057 1,054 1,077
Royalties US$/ounce 111 121 91 106 108
Sub-total US$/ounce 1,213 1,172 1,148 1,160 1,185
Sustaining capital US$/ounce 40 30 69 53 45
Whole All-In Web site Value2 US$/ounce 1,253 1,202 1,217 1,213 1,231
Notional Money Movement from Operations          
Money Margin US$/ounce 359 372 411 389 376
Notional Money Movement US$M 28.3 15.2 17.4 32.3 60.9

Notes:
1. Gold gross sales are recognised in Perseus’ accounts when gold is delivered to the shopper from Perseus’ steel account.
2. Included within the June quarter All-In Web site Prices is US$6.77 million of prices referring to extra waste stripping. When reporting Value of gross sales, according to accepted apply underneath IFRS, this price can be capitalised to the steadiness sheet and the prices amortised over the rest of the related pit life

GROUP PRODUCTION AND COST GUIDANCE

Manufacturing and price steering for the December 2021 Half 12 months and the 2021 Calendar 12 months are summarised in Desk 10.

Desk 10: Manufacturing and Value Steerage

Parameter Items June 2021
Half 12 months
(Precise)
December 2021
Half 12 months
(Forecast)
2021
Calendar 12 months
(Forecast)
Yaouré Gold Mine      
Manufacturing Ounces 59,438 130,000 – 140,000 189,438 – 199,438
All-in Web site Value USD per ounce 1,036 675 – 775 790 – 850
Sissingué Gold Mine      
Manufacturing Ounces 48,763 25,000 – 35,000 73,763 – 83,763
All-in Web site Value USD per ounce 715 950 – 1,070 825 – 885
Edikan Gold Mine      
Manufacturing Ounces 83,045 70,000 – 80,000 153,046 – 163,046
All-in Web site Value USD per ounce 1,213 1,350 – 1,450 1,270 – 1,330
PERSEUS GROUP        
Manufacturing Ounces 191,246 225,000 255,000 416,247 446,247
All-in Web site Value USD per ounce 1,030 925 1,025 975 1,035

EXPLORATION

CÔTE D’IVOIRE EXPLORATION

YAOURÉ EXPLORATION & EXPLOITATION PERMITS

Exploration actions throughout the quarter on the Yaouré exploration and exploitation permits included air core (AC) drilling at Degbezere, and reverse circulation (RC) and diamond drilling (DD) at every of the CMA SW, CMA East, Kongonza and Govisou prospects (Appendix 1 – Determine 1.1).

At Degbezere, AC drilling on the Yaouré West exploitation allow was undertaken to observe up sturdy gold-in-auger anomalies, with 4,703 metres drilled in 91 holes. Scattered slender gold hits had been recorded associated to buildings developed primarily in basalts. Higher intercepts are tabulated beneath in Desk 11.

Desk 11: Degbezere AC Drilling – Vital Intersections

BHID From (m) To (m) Gold Intercept
YAC2133 44 50 6m @ 1.29 g/t
YAC2162 0 4 4m @ 1.03 g/t
YAC2297 0 4 4m @ 1.81 g/t
YAC2352 0 4 4m @ 2.07 g/t

Elsewhere on the Yaouré West exploration allow, augering commenced alongside the Degbezere NE development, with 1,662 metres drilled in 156 holes. This work extends earlier augering and covers a structural goal recognized within the 2D seismic line surveyed in 2020. Outcomes stay pending.

Infill RC and DD drilling was accomplished on the CMA SW (beforehand South Extension) and Govisou prospects to raised outline mineralisation in these areas in preparation for estimation of Assets. At CMA SW, 139 RC holes had been drilled for 8,255 metres. Drilling outcomes had been in line with earlier drilling, confirming constant mineralisation over roughly 5-metre widths for a 750-metre strike size (Appendix 1 – Figures 1.2 and 1.3). The higher intersections recorded are tabulated beneath in Desk 12.

The drilling at Govisou adopted up drilling beforehand reported in Perseus’s ASX launch of seven April 2021, that returned extremely encouraging intercepts together with YRC1574: 93m @ 2.74 g/t Au from 0m; YRC1596: 65m @ 2.73 g/t Au from 24m and 35m @ 3.49 g/t Au from 105m; YRC1457: 25m @ 3.33 g/t Au from 55m; and YRC1458: 52m @ 3.02 g/t Au from 28m. Drilling focused the potential deeper extensions of the interpreted ruler-like mineralised zone, with 11 RC pre-collared DD holes and three RC holes drilled for 1,925 metres. Solely partial outcomes have been obtained for this drilling thus far, with assays for the deeper and extra potential DD sections of most holes nonetheless pending.

Following processing and interpretation of knowledge from the Yaouré 3D seismic program throughout the earlier quarter, drilling commenced to check near-surface extensions of CMA look-alike buildings within the hanging wall of the principle CMA construction, now termed the CMA East prospect. By quarter finish, Perseus had drilled 3,760 metres in 42 RC holes, with assays for these holes nonetheless pending.

Along with the above, Perseus accomplished 2,104 metres in 22 RC holes plus a single 220 metre DD gap on the Kongonza prospect on the interpreted south-eastern extension of the CMA. Assays for these holes stay pending.

Full outcomes for the Yaouré drilling mentioned above are offered in Appendix 1 – Desk 1.1.

Desk 12: CMA SW – Vital Intersections

BHID From (m) To (m) Gold Intercept
YRC1629 18 21 3m @ 1.61 g/t
YRC1631 59 70 11m @ 1.16 g/t
YRC1638 61 64 3m @ 1.95 g/t
YRC1638 77 85 8m @ 1.58 g/t
YRC1641 71 77 6m @ 1.86 g/t
YRC1642 77 84 7m @ 2.66 g/t
YRC1643 79 87 8m @ 1.91 g/t
YRC1644 67 70 3m @ 3.32 g/t
YRC1645 77 85 8m @ 1.69 g/t
YRC1647 80 84 4m @ 1.23 g/t
YRC1648 10 16 6m @ 1.09 g/t
YRC1648 62 70 8m @ 1.14 g/t
YRC1649 57 70 13m @ 1.31 g/t
YRC1650 60 69 9m @ 2.53 g/t
YRC1672 74 81 7m @ 1.77 g/t
YRC1673 63 65 2m @ 2.94 g/t
YRC1674 72 78 6m @ 1.24 g/t
YRC1675 49 62 13m @ 1.08 g/t
YRC1676 82 88 6m @ 2.48 g/t
YRC1678 44 47 3m @ 3.83 g/t

BAGOÉ EXPLORATION PERMIT

Perseus accomplished infill and extensional AC and RC drilling on the Veronique South and SE, Juliette, and Brigitte prospects on the Bagoé allow (Appendix 1 – Figures 1.4 and 1.5). A complete of 6,448 metres was drilled in 82 AC and 56 RC holes. Assays for these holes stay pending.

Particulars for the Bagoé drilling are offered in Appendix 1 – Desk 1.2.

SISSINGUÉ EXPLOITATION PERMIT

Exploration on the Sissingué Exploitation Allow throughout the quarter concerned the completion of a three-hole deep diamond drilling program beneath the Sissingué Gold Mine (Appendix 1 – Determine 1.4), with SD0386 accomplished at 830 metres and SD0386 accomplished at 650 metres.

The deep diamond holes had been designed to research doable extensions or repetitions of the principle granite physique internet hosting the majority of mineralisation at Sissingué. Outcomes from these three holes reported solely weak mineralisation. Though slender mineralised porphyry dykes had been intersected in every gap, the hoped-for repetitions of the big granite our bodies internet hosting the majority of mineralisation at Sissingué weren’t current. Higher intercepts are tabled beneath in Desk 13.

Desk 13: Sissingué Deeps – Vital Intersections

BHID From (m) To (m) Gold Intercept
SD0386 270 283 13m @ 1.85 g/t
SD0387 435 439 4m @ 1.08 g/t
SD0387 486 501 15m @ 1.23 g/t

Outcomes had been obtained from AC drilling accomplished on the Gbeni (Tiana South) prospect final quarter. This drilling coated the southerly extensions of the Tiana and Cashew Farm zones the place in depth artisanal floor workings are related to small dioritic plugs. Single hits had been recorded on three fences with highlights together with 4m @ 1.38 g/t from 28m in GBAC0025 and 8m @ 4.21 g/t from 76m in GBAC0043.

Full particulars of the Sissingué Deeps and Gbeni drilling, together with all assays, are offered in Appendix 1 – Desk 1.3.

MINIGNAN EXPLORATION PERMIT

Elsewhere in Cote d’Ivoire, Perseus drilled 3,020 metres in 434 auger holes on its Minignan exploration allow situated in north-western Côte d’Ivoire. This work adopted up a 7km-long gold-in-soil anomaly recognized alongside the regionally potential Bafing Shear Zone the place it extends by means of the allow. Assays from this work stay pending.

DRILLING, SAMPLING AND ASSAYING DETAILS FOR CÔTE D’IVOIRE EXPLORATION

YAOURÉ

Geology
The Yaouré challenge lies close to the south-eastern flank of the Bouaflé greenstone belt in central Côte d’Ivoire. Mineralisation is hosted by Paleoproterozoic aged metabasalts and felsic intrusive rocks of the Birimian Supergroup. The rocks are metamorphosed to decrease greenschist facies and solely regionally characteristic penetrative deformation materials. The CMA-SW and Kongonza prospects lie on interpreted segments of a significant mineralised reverse fault system, the CMA thrust construction. The 2 prospects lie on its southern finish the place it bifurcates into SW and SE branches. The CMA SW construction strikes NE and dips at about 30 levels towards the SE. Mineralisation includes gold related to pyrite in a quartz-albite-carbonate alteration assemblage in metabasalts. The mineralised construction is usually 6-8 metres true thickness. At Kongonza, gold is related to quartz veining and silicification in a construction placing NNW and dipping at about 40 levels east. At low gold grade thresholds (e.g. 0.2g/t) the Kongonza mineralisation is as much as 70 metres true thickness however doubtlessly financial grades are typically restricted to 10-15 metre true thicknesses.

The Govisou prospect is underlain by andesitic basalts intruded by granodiorite our bodies. Mineralisation happens as disseminations of pyrite and arsenopyrite within the granodiorite and in quartz-carbonate veins in each the intrusive and basalts.

The CMA East drilling was designed to research CMA-like buildings recognized from a 3D seismic survey the place these buildings had been interpreted to challenge to floor.

The Degbezere prospects are situated alongside a significant regional shear zone round 15-20km west of the CMA space. The geology there includes mafic volcanics regionally intruded by granodiorite our bodies.

CMA mineralisation is related to quartz-albite-carbonate veining in reverse fault buildings that dip at 25 to 30 levels to the east. The adjoining intrusive-hosted Yaouré deposit includes mineralisation managed by east-dipping buildings, just like CMA, along with mineralisation related to quartz-tourmaline-chlorite-carbonate veining managed by NE and NW placing, sub-vertical faults and in addition stockwork quartz veins with related alteration selvages hosted by a granodiorite intrusive physique.

No important concentrations of different financial metals or deleterious metals happen with the mineralisation. Arsenopyrite and molybdenite happen in hint portions.

Drilling Methods
Exploration drilling described on this report included aircore (AC) drilling, reverse circulation (RC) and diamond core (DD) drill holes. Air core drilling (AC) used a 105mm face-sampling blade bit. Reverse Circulation drilling (RC) used a 135mm face sampling hammer.

Floor surveys of drill gap collars are presently incomplete. The areas offered within the announcement derive from a combination of DGPS and hand-held GPS readings. The previous are anticipated to be dependable to <1m in X-Y while the latter are anticipated to be dependable to +/- 2m in X-Y. Coordinates are said in WGS84 Zone 30N UTM grid.

All RC and DD holes have been down-hole surveyed at roughly 30m depth increments utilizing a Reflex digital compass instrument. Aircore holes weren’t down-hole surveyed.

Drill Protection
Current useful resource definition drilling at Govisou and CMA-SW has infilled drill spacing to nominal 40m x 20m or 20m x 20m in plan view.

Drill protection on the sooner stage prospects comparable to CMA-East, Kongonza and Degbezere has been applicable for the extent of investigation – sometimes traverses 120-160m aside with holes drilled ‘heel-to-toe’ on 40m spacings. Most holes have been drilled at -55 to -60 diploma dips.

CMA-SW and Kongonza mineralization dip at roughly 30 and 40 levels respectively. In holes drilled at -60 levels dip, true widths are roughly equal to down-hole intercept lengths.

The geometry of the Govisou mineralisation will not be properly understood and therefore true widths are unsure. The geometry of the scattered mineralisation intersected at Degbezere will not be properly understood and therefore true widths are unsure.

Sampling
Air core drill samples had been collected on the drill website over 1m intervals, with every 1m spear sampled and the spear samples composited into 4m intervals to provide a subsample of two.4 – 3kg for submission for assay.

RC drill samples had been collected at drill websites over 1 metre intervals and break up utilizing multi-stage riffle splitters. Pattern weights had been nominally 3 kilograms. Pattern restoration was measured by weighing bulk recovered samples. Samples had been logged visually for restoration, moisture and contamination. The vast majority of RC samples had been logged as dry and pattern contamination in RC holes will not be thought-about a big danger to the reliability of useful resource estimates.

Diamond core was typically sawn in half utilizing a diamond blade noticed, with one half despatched for assaying and the opposite half saved on website in core trays for reference. Samples had been usually taken over 1 metre intervals (in some instances being adjusted for geology to shorter intervals). Core recoveries had been measured and averaged in extra of 90%.

Reject RC samples have been retained at website in “pattern farms” with all assay pulps retained on the related laboratory for 3 months earlier than return to website for long run storage.

Pattern Analytical Strategies
The vast majority of pattern preparation has been carried out on website in a devoted pattern preparation facility owned and operated by Perseus. Pattern preparation sometimes comprised drying, crushing to -2 millimetres and pulverising of a 1.5 kg subsample. Inner laboratory checks required at the least 85% of the pulp passing -75 microns. The pulverised product was then dumped on a rubber mat, rolled and roughly 300g chosen by a number of dips of a spatula and packaged in a kraft paper packet.

Pattern grind dimension was monitored by screening 1:100 samples. Duplicate discipline break up samples had been collected for every 1:20 samples. Duplicate pulp samples had been created for every 1:20 samples.

The vast majority of samples have been assayed by 50g fireplace assay approach with AAS willpower at impartial industrial laboratories in Côte d’Ivoire, predominantly Bureau Veritas Laboratory in Abidjan and MSA Laboratory in Yamoussoukro.

A constant regime of high quality assurance has been employed together with submission of duplicate pulp samples, coarse blanks and authorized reference supplies. The performances of blanks and requirements had been monitored as assay outcomes had been obtained. The industrial laboratory’s inside QAQC consists of the usage of licensed reference supplies and pulp replicates.

Pattern Safety
Chain of custody was managed by Perseus. Perseus staff retained custody of subsamples from drill websites by means of transport to the Yaouré pattern preparation laboratory, by means of that facility after which transport of subsample pulps to the industrial laboratories in both Abidjan or Yamoussoukro.

BAGOÉ

Geology
The Bagoé Gold Mission is situated within the West African Craton and covers Palaeoproterozoic (Birimian) rocks of the southern extension of the Syama Greenstone Belt and the western margin of the Senoufo Greenstone Belt. Gold deposits at Bagoé are of the orogenic, greenstone-hosted kind and possibly lie inside the Senoufo belt. The principle prospect inside the Bagoé challenge space is the Antoinette deposit (not coated on this launch) which lies on a significant NE trending shear zone inside a mafic volcanic and metasediment sequence with intruded dioritic our bodies.

The Juliette gold deposit is situated 3.5km SW of Antoinette and can also be hosted by the Antoinette sequence/construction. Mineralisation is subvertical, extends over about 300m strike and customarily includes a single lens 4-10m extensive. Weathering extends to 30-40m depth.

The Brigitte prospect is situated ~2-3km NE of Antoinette and is hosted by the extension of the Antoinette sequence/construction. Mineralisation is insufficiently understood at current to remark apart from it seems to lie between mafic volcanics to the NW and blended diorite and sediments to the SE. Weathering extends to 30-40m depth. Véronique gold deposit and its satellites are situated 16km SSE of Antoinette. Mineralisation extends over 900m strike and customarily includes a single NW-striking quartz vein 1-2m thick that dips at 45 levels to the SW. The vein is hosted by an intensive granodiorite inventory. Alteration selvages extending 2-3m both facet of the vein consequence, in locations, in 6-8m true thickness of mineralisation. Weathering extends to 50-60m depth.

No important concentrations of different financial metals or deleterious metals happen with the mineralisation. Arsenopyrite happens in hint portions.

Drilling Methods
Exploration drilling described on this report included aircore (AC) drilling and reverse circulation (RC) drill holes. Air core drilling (AC) used a 105mm face-sampling blade bit. Reverse Circulation drilling (RC) used a 135mm face sampling hammer.

Floor surveys of drill gap collars are presently incomplete. The areas offered within the announcement derive from a combination of DGPS and hand-held GPS readings. The previous are anticipated to be dependable to <1m in X-Y while the latter are anticipated to be dependable to +/- 2m in X-Y. Coordinates are said in WGS84 Zone 29N UTM grid.

All RC holes have been down-hole surveyed at roughly 30m depth increments utilizing a Reflex digital compass instrument. Aircore holes weren’t down-hole surveyed.

Drill Protection
Current useful resource definition drilling at Véronique SE and Juliette has prolonged earlier drilling on nominal 40 x 20m centres in plan view.

Drill protection on the sooner stage prospects comparable to Brigitte and Véronique South has been applicable for the extent of investigation – sometimes traverses 120-160m aside with holes drilled ‘heel-to-toe’ on 40m spacings. Most holes have been drilled at -55 to -60 diploma dips.

Veronique South and SE mineralization strikes NW and dips at roughly 45 levels towards the SW. In holes drilled at -60 levels dip towards 045 levels azimuth, true widths are roughly equal to down-hole intercept lengths. Mineralisation at Juliette is actually subvertical and therefore for drill holes at -55 levels true widths are roughly 70% of drilled widths. The geometry of the Brigitte mineralisation will not be properly understood and therefore true widths are unsure.

Sampling
Air core drill samples had been collected on the drill website over 1m intervals, with every 1m spear sampled and the spear samples composited into 4m intervals to provide a subsample of two.4 – 3kg for submission for assay.

RC drill samples had been collected at drill websites over 1 metre intervals and break up utilizing multi-stage riffle splitters. Pattern weights had been nominally 3 kilograms. Pattern restoration was measured by weighing bulk recovered samples. Samples had been logged visually for restoration, moisture and contamination. The vast majority of RC samples had been logged as dry and pattern contamination in RC holes will not be thought-about a big danger to the reliability of useful resource estimates. Reject RC samples have been retained at website in “pattern farms” with all assay pulps retained on the related laboratory for 3 months earlier than return to website for long run storage.

Pattern Analytical Strategies
The vast majority of pattern preparation has been carried out on website at Yaouré in a devoted pattern preparation facility owned and operated by Perseus. Pattern preparation sometimes comprised drying, crushing to -2 millimetres and pulverising of a 1.5 kg subsample. Inner laboratory checks required at the least 85% of the pulp passing -75 microns. The pulverised product was then dumped on a rubber mat, rolled and roughly 300g chosen by a number of dips of a spatula and packaged in a kraft paper packet.

Pattern grind dimension was monitored by screening 1:100 samples. Duplicate discipline break up samples had been collected for every 1:20 samples. Duplicate pulp samples had been created for every 1:20 samples.

The vast majority of samples have been assayed by 50 g fireplace assay approach with AAS willpower for gold solely at impartial industrial laboratories in Côte d’Ivoire, predominantly Bureau Veritas Laboratory in Abidjan and MSA Laboratory in Yamoussoukro.

A constant regime of high quality assurance has been employed together with submission of duplicate pulp samples, coarse blanks and authorized reference supplies. The performances of blanks and requirements had been monitored as assay outcomes had been obtained. The industrial laboratory’s inside QAQC additionally consists of the usage of licensed reference supplies and pulp replicates.

Pattern Safety
Chain of custody was managed by Perseus. Perseus staff retained custody of subsamples from drill websites by means of transport to the Yaouré pattern preparation laboratory, by means of that facility after which transport of subsample pulps to the industrial laboratories in both Abidjan or Yamoussoukro.

SISSINGUÉ

Geology
The Sissingué Gold Mission is situated within the West African Craton and covers Paleoproterozoic (Birimian) rocks of the central a part of the Syama Greenstone Belt. Gold deposits at Sissingué are of the orogenic, greenstone-hosted kind.

The Sissingué space is dominated by clastic basinal metasediments intruded by main felsic (granodioritic) and minor mafic intrusions.

Gold mineralisation at Sissingué happens predominantly in quartz veins inside dykes and plug-like granite intrusions that host sturdy quartz veining and sericite-carbonate + pyrite ± arsenopyrite alteration. These are intruded into metapelites and sandstones which are additionally strongly mineralised, significantly above the principle intrusive plug(s).

Gold mineralisation at Gbeni is hosted by quartz-veined and variably altered metasediments, typically in shut proximity to ‘dioritic’ plugs. The latter don’t look like mineralised.

No important concentrations of different financial metals or deleterious metals happen with the mineralisation. Arsenopyrite happens in hint portions.

Drilling Methods
Exploration drilling at Sissingué described on this report included aircore (AC) drilling and diamond core (DD) drill holes. Air core drilling (AC) used a 105mm face-sampling blade bit. Diamond drillholes had been cored HQ from floor to round 200m depth, cased off and drilled NQ to ultimate depth.

Floor surveys of drill gap collars are presently incomplete. The areas offered within the announcement derive from a combination of DGPS (diamond holes) and hand-held GPS readings. The previous are anticipated to be dependable to <1m in X-Y while the latter are anticipated to be dependable to +/- 2m in X-Y. Coordinates are said in WGS84 Zone 29N grid.

DD holes had been down-hole surveyed at roughly 30 depth increments utilizing a Reflex digital compass instrument. Aircore holes weren’t down-hole surveyed.

Drill Protection
The three diamond holes drilled beneath the Sissingué deposit had been reconnaissance in nature and designed to check particular geological ideas at depth; consequently, drill holes weren’t situated on a set spacing. The holes had been drilled at -55 levels dip and true widths are estimated to be round 70% of drilled widths.

Drill protection on the early stage Gbeni prospect was applicable for the extent of investigation – sometimes single traverses throughout soil anomalies with holes drilled ‘heel-to-toe’ on 40m spacings. Most holes have been drilled at -55 diploma dips. The geometry of the mineralisation will not be properly understood, and therefore true widths are unsure.

Sampling
Air core drill samples had been collected on the drill website over 1m intervals, with every 1m spear sampled and the spear samples composited into 4m intervals to provide a subsample of two.4 – 3kg for submission for assay.

Diamond core was typically sawn in half utilizing a diamond blade noticed, with one half despatched for assaying and the opposite half saved on website in core trays for reference. Samples had been usually taken over 1 metre intervals (in some instances being adjusted for geology to shorter intervals). Core recoveries had been measured and averaged in extra of 90%.

All assay pulps are retained on the related laboratory for 3 months earlier than return to website for long run storage.

Pattern Analytical Strategies
The vast majority of pattern preparation has been carried out at Yaouré in a devoted pattern preparation facility owned and operated by Perseus. Pattern preparation sometimes comprised drying, crushing to -2 millimetres and pulverising of a 1.5 kg subsample. Inner laboratory checks required at the least 85% of the pulp passing -75 microns. The pulverised product was then dumped on a rubber mat, rolled and roughly 300g chosen by a number of dips of a spatula and packaged in a kraft paper packet.

Pattern grind dimension was monitored by screening 1:100 samples. Duplicate discipline break up samples had been collected for every 1:20 samples. Duplicate pulp samples had been created for every 1:20 samples.

The vast majority of samples have been assayed by 50 g fireplace assay approach with AAS willpower for gold solely at impartial industrial laboratories in Côte d’Ivoire, predominantly Bureau Veritas Laboratory in Abidjan.

A constant regime of high quality assurance has been employed together with submission of duplicate pulp samples, coarse blanks and authorized reference supplies. The performances of blanks and requirements had been monitored as assay outcomes had been obtained. The industrial laboratory’s inside QAQC additionally consists of the usage of licensed reference supplies and pulp replicates.

Pattern Safety
Chain of custody was managed by Perseus. Perseus staff retained custody of subsamples from drill websites by means of transport to the Yaouré pattern preparation laboratory, by means of that facility after which transport of subsample pulps to the Bureau Veritas laboratory in Abidjan.

GHANA

AGYAKUSU OPTION

Negotiations continued with the local people and farmers to permit first-pass RC and DD drilling over the Breman granite prospect. An settlement was reached late within the quarter with entry and drill pad preparations commencing instantly thereafter. The primary drill gap was collared on 1 July 2021 and topic to continued entry to land, additional drilling is deliberate for the September 2021 quarter.

AGYAKUSU-DML OPTION

Neighborhood sensitisation actions commenced forward of an preliminary 10,000m AC program to check gold-in-soil anomalism alongside the principle structural/intrusive hall extending SW from the Breman prospect on the adjoining Agyakusu allow (Appendix A – Determine 4). AC drilling is predicted to begin throughout the subsequent quarter.

DOMENASE OPTION

Deliberate first-pass soil sampling protecting the principle structural/intrusive corridors on this property was delayed pending decision of points with the choice settlement.

EXPLORATION EXPENDITURE

Expenditure on exploration actions all through West Africa throughout the intervals ending 30 June 2021 in outlined in Desk 14 beneath.

Desk 14: Group Exploration Expenditure June Quarter

Area Items December
2020
Half 12 months
March
2021
Quarter
June
2021
Quarter
June
2021
Half 12 months
2021
Monetary
12 months
Ghana US$ million 1.83 0.46 0.39 0.85 2.68
Côte d’Ivoire            
Sissingué US$ million 1.78 1.86 2.55 4.41 6.19
Yaouré US$ million 5.08 2.43 3.52 5.95 11.03
Regional US$ million -0.05 0.12 0.07 0.19 0.14
Sub-total US$ million 6.81 4.41 6.14 10.55 17.36
Whole West Africa US$ million 8.65 4.87 6.53 11.40 20.04

GROUP FINANCIAL POSITION

CASHFLOW AND BALANCE SHEET (UNAUDITED)

Perseus continues to strengthen its steadiness sheet and studies a US$50.3 million enhance in its total internet money place (i.e. money & bullion much less interest-bearing debt) relative to the prior quarter.

Based mostly on the spot gold worth of US$1,763 per ounce and a A$:US$ alternate price of 0.7508 at 30 June 2021, the whole worth of money and bullion readily available on the finish of the quarter was A$207.9 million, (US$156.1 million) together with money of A$181.3 million (US$136.1 million) and 11,347 ounces of bullion readily available, valued at A$26.7 million (US$20.0 million).

Through the quarter, excellent company debt was diminished by US$30 million to US$100 million, ensuing within the internet money and bullion steadiness of US$56.1 million. By comparability, on the finish of the prior quarter, the money and bullion steadiness amounted to US$135.8 million and with excellent debt of US$130 million, the web money and bullion steadiness stood at US$5.8 million, roughly US$50.3 million lower than the present internet steadiness.

The rise in internet money of US$50.3 million resulted from attaining constant working margins at Sissingué and Edikan, in addition to the ramp up in manufacturing and working money flows from Yaouré, and diminished capital expenditure following the completion of the event of the mine. Notional money inflows from Yaouré ramped as much as US$24.2 million for the quarter, while inflows from Sissingué and Edikan remained fairly regular contributing an additional US$37.9 million.

The graph beneath (Determine 1) exhibits the notional working money flows from the three mines, the biggest single driver of money motion.

The general motion in money and bullion throughout the quarter as proven beneath in Determine 2 takes account of the constructive notional working margins from the Edikan (A$22.5 million), Sissingué (A$26.6 million), and Yaouré (A$31.4 million) operations, Australian and West African company prices (A$4.9 million), exploration (A$12.3 million), debt service (A$41.8 million – of which a principal reimbursement of US$30 million, or A$39.7 million), and different capex of (A$5.9 million).

Determine 1: Notional Working Cashflow is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/bf1012e1-0a16-4f87-acda-f45cf3a2eab9

Determine 2: Quarterly money and bullion actions is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/726beebc-ff6f-4350-9149-2b8ef4b92874

GOLD PRICE HEDGING

On the finish of the quarter, Perseus held gold ahead gross sales contracts for 210,313 ounces of gold at a weighted common gross sales worth of US$1,564 per ounce. These hedges are designated for supply progressively over the interval as much as 30 September 2022. Perseus additionally held spot deferred gross sales contracts for an additional 90,441 ounces of gold at a weighted common gross sales worth of US$1,668 per ounce. Combining each units of gross sales contracts, Perseus’s complete hedged place on the finish of the quarter was 300,754 ounces at a weighted common gross sales worth of US$1,595 per ounce.

Perseus’s hedge place has decreased by 11,353 ounces for the reason that finish of the March 2021 quarter. On account of our coverage of changing decrease priced hedges with increased priced hedge contracts when doable, the weighted common gross sales worth of the hedge ebook elevated by US$43 per ounce or 2.8% throughout the quarter.

Hedging contracts at present present draw back worth safety to roughly 20% of Perseus’s at present forecast gold manufacturing for the subsequent three years, leaving 80% of forecast manufacturing doubtlessly uncovered to actions (each up and down) within the gold worth.

SUSTAINABILITY (UNAUDITED)

In monetary yr 2021, Perseus continued to carry out strongly towards its social and environmental goals and targets.

Efficiency highlights from the monetary yr 2021 had been:

  • Continued to take care of protected, secure operations while managing the impacts of the COVID-19 virus, and supporting our communities by means of the pandemic;
  • Board gender range is now at 33% with the appointment of Ms Amber Banfield as a Non-Government Director in Might 2021. Government Stage Variety (reporting to the CEO) is 40%;
  • Financial contribution to our host international locations of US$428 million (better than 80% of income), together with ~US$323 million to native suppliers, US$52 million for native salaries, wages and related taxes, US$51 million in funds to authorities in taxes, royalties and different funds, and US$2 million in social funding;
  • Native and nationwide employment and procurement 96% and 81% respectively; and   
  • Zero important environmental occasions or tailings dam integrity points.

Sustainability challenges throughout the 2021 monetary yr included:

  • While Sissingué and Yaouré carried out strongly towards their steady enchancment TRIFR targets, targets weren’t achieved at Edikan or at Group degree.
  • Neighborhood unrest was skilled at Sissingué in January 2021 attributable to a misunderstanding by a small group of residents in a neighborhood village on the distribution of neighborhood advantages by the mine. This misunderstanding was resolved by means of enhanced engagement with the village management together with representatives of the “youth” group and re-focus of the tasks undertaken underneath the Sissingué Neighborhood Growth Fund.
  • Unlawful mining actions on Perseus’s mining and exploration licence areas additionally offered challenges for the Firm at each the Edikan and Yaouré mines.

Perseus’s Sustainable Growth Report for the monetary yr ended 30 June 2021 will present full particulars of the Firm’s environmental and social efficiency throughout this era and can be revealed across the identical time as our Annual Report early within the December 2021 quarter.

PLANNED ANNOUNCEMENTS FOR SEPTEMBER 2021 QUARTER

  1. Yaouré Lifetime of Mine Plan Replace – August 2021
  2. Reserve & Useful resource Replace – August 2021
  3. Bagoé Feasibility Examine – August 2021
  4. FY21 Monetary Statements – August 2021
  5. Sissingué Lifetime of Mine Replace – September 2021

This market announcement was authorised for launch by the Board

DATE OF RELEASE: 21 JULY 2021

ASX/TSX code: PRU

Capital construction as at 20 July 2021
Abnormal shares: 1,226,969,570
Efficiency rights: 23,428,673

REGISTERED OFFICE:

Stage 2
437 Roberts Highway
Subiaco WA 6008

Phone: +61 8 6144 1700
E mail: IR@perseusmining.com

Web site: www.perseusmining.com

DIRECTORS:

Mr Sean Harvey
Non-Government Chairman

Mr Jeff Quartermaine
Managing Director & CEO

Ms Amber Banfield

Non-Government Director

Ms Elissa Brown
Non-Government Director

Mr Dan Lougher
Non-Government Director

Mr John McGloin
Non-Government Director

Mr David Ransom
Non-Government Director

CONTACTS:

Jeff Quartermaine

Managing Director & CEO
jeff.quartermaine@perseusmining.com

Claire Corridor

Company Communications
claire.corridor@perseusmining.com

Nathan Ryan

Media Relations
+61 4 20 582 887
nathan.ryan@nwrcommunications.com.au

Competent Particular person Assertion:
All manufacturing targets for Edikan, Sissingué and Yaouré referred to on this report are underpinned by estimated Ore Reserves which have been ready by competent individuals in accordance with the necessities of the JORC Code. The knowledge on this report that pertains to Esuajah North Mineral Assets estimate was first reported by the Firm in compliance with the JORC Code 2012 and NI43-101 in a market announcement entitled “Perseus Mining Updates Mineral Assets & Ore Reserves” launched on 29 August 2018.  The knowledge on this report that pertains to the Mineral Useful resource and Ore Reserve estimates for the Bokitsi South and AFG Hole deposits on the EGM was first reported by the Firm in compliance with the JORC Code 2012 and NI43-101 in a market announcement launched on 26 August 2020. The knowledge on this report that pertains to the Mineral Useful resource and Ore Reserve estimates for the opposite EGM deposits (Fetish and Esuajah South Underground) was first reported by the Firm in compliance with the JORC Code 2012 and NI43-101 in a market announcement launched on 20 February 2020 and was up to date for depletion till 30 June 2020 in a market announcement launched on 26 August 2020. The Firm confirms that it’s not conscious of any new info or knowledge that materially have an effect on the data in these market releases and that each one materials assumptions underpinning these estimates and the manufacturing targets, or the forecast monetary info derived therefrom, proceed to use and haven’t materially modified. The Firm additional confirms that materials assumptions underpinning the estimates of Ore Reserves described in “Technical Report — Central Ashanti Gold Mission, Ghana” dated 30 Might 2011 proceed to use.

Related articles

The knowledge on this report that pertains to Mineral Assets and Ore Reserves for Sissingué was first reported by the Firm in compliance with the JORC Code 2012 and NI43-101 in a market announcement launched on 29 October 2018 and consists of an replace for depletion as at 30 June 2020.The knowledge on this report that pertains to Mineral Assets and Ore Reserves for the Fimbiasso East and West deposits, beforehand Bélé East and West respectively, was first reported by the Firm in compliance with the JORC Code 2012 and NI43-101 in a market announcement launched on 26 August 2020. The Firm confirms that materials assumptions underpinning the estimates of Mineral Assets and Ore Reserves described in these market bulletins. The Firm confirms that it’s not conscious of any new info or knowledge that materially have an effect on the data in these market releases and that each one materials assumptions underpinning these estimates and the manufacturing targets, or the forecast monetary info derived therefrom, proceed to use and haven’t materially modified. The Firm additional confirms that materials assumptions underpinning the estimates of Ore Reserves described in “Technical Report — Sissingué Gold Mission, Côte d’Ivoire” dated 29 Might 2015 proceed to use.

The knowledge on this report in relation to Yaouré Mineral Useful resource and Ore Reserve estimates was first reported by the Firm in compliance with the JORC Code 2012 and NI43-101 in a market announcement on 28 August 2019. The Firm confirms that each one materials assumptions underpinning these estimates and the manufacturing targets, or the forecast monetary info derived therefrom, in that market launch proceed to use and haven’t materially modified. The Firm additional confirms that materials assumptions underpinning the estimates of Ore Reserves described in “Technical Report — Yaouré Gold Mission, Côte d’Ivoire” dated 18 December 2017 proceed to use.

The knowledge on this report and the attachments that pertains to exploration drilling outcomes relies on, and pretty represents, info and supporting documentation ready by Dr Douglas Jones, a Competent One that is a Chartered Skilled Geologist.  Dr Jones is the Group Common Supervisor Exploration of the Firm.  Dr Jones has enough expertise, which is related to the type of mineralisation and kind of deposit into account and to the exercise being undertaken, to qualify as a Competent Particular person as outlined within the 2012 Version of the ‘Australasian Code for Reporting of Exploration Outcomes, Mineral Assets and Ore Reserves’”) and to qualify as a “Certified Particular person” underneath Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Tasks (“NI 43-101”).  Dr Jones consents to the inclusion on this report of the issues primarily based on his info within the type and context through which it seems.

Warning Concerning Ahead Trying Data:
This report accommodates forward-looking info which relies on the assumptions, estimates, evaluation and opinions of administration made in mild of its expertise and its notion of traits, present circumstances and anticipated developments, in addition to different components that administration of the Firm believes to be related and cheap within the circumstances on the date that such statements are made, however which can show to be incorrect. Assumptions have been made by the Firm relating to, amongst different issues: the value of gold, persevering with industrial manufacturing on the Yaouré Gold Mine, the Edikan Gold Mine and the Sissingué Gold Mine with none main disruption because of the COVID-19 pandemic or in any other case, the receipt of required governmental approvals, the accuracy of capital and working price estimates, the flexibility of the Firm to function in a protected, environment friendly and efficient method and the flexibility of the Firm to acquire financing as and when required and on cheap phrases. Readers are cautioned that the foregoing checklist will not be exhaustive of all components and assumptions which can have been utilized by the Firm. Though administration believes that the assumptions made by the Firm and the expectations represented by such info are cheap, there may be no assurance that the forward-looking info will show to be correct. Ahead-looking info includes identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes, efficiency or achievements of the Firm to be materially completely different from any anticipated future outcomes, efficiency or achievements expressed or implied by such forward-looking info. Such components embrace, amongst others, the precise market worth of gold, the precise outcomes of present exploration, the precise outcomes of future exploration, adjustments in challenge parameters as plans proceed to be evaluated, in addition to these components disclosed within the Firm’s publicly filed paperwork. The Firm believes that the assumptions and expectations mirrored within the forward-looking info are cheap. Assumptions have been made relating to, amongst different issues, the Firm’s capacity to hold on its exploration and improvement actions, the well timed receipt of required approvals, the value of gold, the flexibility of the Firm to function in a protected, environment friendly and efficient method and the flexibility of the Firm to acquire financing as and when required and on cheap phrases. Readers mustn’t place undue reliance on forward-looking info. Perseus doesn’t undertake to replace any forward-looking info, besides in accordance with relevant securities legal guidelines.

APPENDIX 1

Determine 1.1: Yaouré Gold Mission – Exploration Targets June 2021 Quarter is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/894cd79c-107f-4ee0-bd45-a7122ba302d0

Determine 1.2: Yaouré Gold Mission – CMA SW Prospect June Quarter Outcomes is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c28d123-197b-4ee7-b518-5ef5d45c3f1c

Determine 1.3: Yaouré Gold Mission – CMA SW Cross Part is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/46ac9140-e8a9-489d-857a-a9235c6c17be

Determine 1.4: Sissingué Gold Mission – Regional Geology, Permits and Prospects is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/447be7cd-d3a3-41eb-a339-503c128bc655

Determine 1.5: Bagoé Gold Mission – Foremost Prospects is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/a8545248-b243-46c1-8777-20f0fc18face

Figure 1.6: Edikan Gold Mission – Regional Geology, Tenements and Prospects is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4063874-f088-486b-a83d-b11834ff9e51

Desk 1.1: Yaouré drill holes and important assays

Gap ID East
(mE)
North
(mN)
Drill Sort Azimuth
(°)
Dip
(°)
Depth
(m)
No of samples From
(m)
To
(m)
Width
(m)
Grade
(g/t)
Degbezere                      
YAC2076 207229 771601 AC 270 -60 50 NSI        
YAC2077 207195 771590 AC 270 -60 50 NSI        
YAC2078 207170 771590 AC 270 -60 50 NSI        
YAC2079 207145 771596 AC 270 -60 50 NSI        
YAC2080 207120 771596 AC 270 -60 50 NSI        
YAC2081 207095 771607 AC 270 -60 52 NSI        
YAC2082 207069 771605 AC 270 -60 50 NSI        
YAC2083 207044 771605 AC 270 -60 50 NSI        
YAC2084 207019 771605 AC 270 -60 58 NSI        
YAC2085 206990 771598 AC 270 -60 50 NSI        
YAC2086 206965 771600 AC 270 -60 50 NSI        
YAC2087 206940 771600 AC 270 -60 54 NSI        
YAC2088 206913 771600 AC 270 -60 52 NSI        
YAC2089 206887 771600 AC 270 -60 50 NSI        
YAC2090 206862 771607 AC 270 -60 50 NSI        
YAC2091 206837 771613 AC 270 -60 50 NSI        
YAC2092 206812 771623 AC 270 -60 50 NSI        
YAC2093 206787 771632 AC 270 -60 50 NSI        
YAC2094 206762 771631 AC 270 -60 50 NSI        
YAC2095 206737 771611 AC 270 -60 52 NSI        
YAC2096 206711 771581 AC 270 -60 50 NSI        
YAC2097 206686 771568 AC 270 -60 50 NSI        
YAC2098 206661 771565 AC 270 -60 50 NSI        
YAC2099 206636 771557 AC 270 -60 50 NSI        
YAC2100 206611 771563 AC 270 -60 50 NSI        
YAC2101 206586 771575 AC 270 -60 50 NSI        
YAC2102 206561 771590 AC 270 -60 51 NSI        
YAC2103 206536 771592 AC 270 -60 50 NSI        
YAC2104 206511 771598 AC 270 -60 50 NSI        
YAC2105 206486 771602 AC 270 -60 50 NSI        
YAC2106 206472 771603 AC 270 -60 50 NSI        
YAC2107 206436 771605 AC 270 -60 50 NSI        
YAC2108 206411 771609 AC 270 -60 50 NSI        
YAC2109 206386 771607 AC 270 -60 50 NSI        
YAC2110 206361 771607 AC 270 -60 52 NSI        
YAC2111 206336 771607 AC 270 -60 50 NSI        
YAC2112 206311 771603 AC 270 -60 50 NSI        
YAC2113 206286 771597 AC 270 -60 50 NSI        
YAC2114 206261 771595 AC 270 -60 52 NSI        
YAC2115 206235 771594 AC 270 -60 50 NSI        
YAC2116 206210 771603 AC 270 -60 50 NSI        
YAC2117 206185 771606 AC 270 -60 50 NSI        
YAC2118 206160 771605 AC 270 -60 47 NSI        
YAC2119 206135 771602 AC 270 -60 49 NSI        
YAC2120 206110 771602 AC 270 -60 50 NSI        
YAC2121 206085 771605 AC 270 -60 48 NSI        
YAC2122 206061 771602 AC 270 -60 54 NSI        
YAC2123 206033 771601 AC 270 -60 50 NSI        
YAC2124 206009 774603 AC 270 -60 50 NSI        
YAC2125 205984 771601 AC 270 -60 50 NSI        
YAC2126 205959 771595 AC 270 -60 50 NSI        
YAC2127 205934 771593 AC 270 -60 50 1 12 16 4 0.56
YAC2128 205909 771597 AC 270 -60 50 NSI        
YAC2129 205884 771601 AC 270 -60 52 NSI        
YAC2130 205858 771604 AC 270 -60 50 NSI        
YAC2131 205833 771601 AC 270 -60 50 3 40 50 10 0.3
YAC2132 205808 771603 AC 270 -60 50 1 20 24 4 0.23
YAC2132 205808 771603 AC 270 -60 50 1 36 40 4 0.22
YAC2133 205783 771604 AC 270 -60 50 2 44 50 6 1.29
YAC2134 205758 771613 AC 270 -60 52 NSI        
YAC2135 205732 771621 AC 270 -60 52 NSI        
YAC2136 205707 771623 AC 270 -60 50 NSI        
YAC2137 205682 771607 AC 270 -60 50 NSI        
YAC2138 205657 771600 AC 270 -60 50 NSI        
YAC2139 205627 771579 AC 270 -60 55 NSI        
YAC2140 205600 771564 AC 270 -60 50 NSI        
YAC2141 205464 771613 AC 270 -60 48 NSI        
YAC2142 205439 771614 AC 270 -60 51 NSI        
YAC2143 205415 771611 AC 270 -60 50 NSI        
YAC2144 207139 771998 AC 270 -60 52 NSI        
YAC2145 207113 771997 AC 270 -60 50 NSI        
YAC2146 207088 771997 AC 270 -60 50 NSI        
YAC2147 207063 771995 AC 270 -60 58 NSI        
YAC2148 207035 771994 AC 270 -60 50 NSI        
YAC2149 207010 771997 AC 270 -60 50 NSI        
YAC2150 206985 771998 AC 270 -60 50 NSI        
YAC2151 206960 772001 AC 270 -60 50 NSI        
YAC2152 206935 772005 AC 270 -60 50 NSI        
YAC2153 206910 772002 AC 270 -60 52 1 48 52 4 0.28
YAC2154 206884 772003 AC 270 -60 51 NSI        
YAC2155 206859 772002 AC 270 -60 50 NSI        
YAC2156 206834 772000 AC 270 -60 54 NSI        
YAC2157 206807 772000 AC 270 -60 50 NSI        
YAC2158 206782 772000 AC 270 -60 50 NSI        
YAC2159 206757 772000 AC 270 -60 50 NSI        
YAC2160 206728 771998 AC 270 -60 51 1 32 36 4 0.2
YAC2161 206703 772000 AC 270 -60 58 NSI        
YAC2162 206673 7771998 AC 270 -60 50 1 0 4 4 1.03
YAC2163 206648 772001 AC 270 -60 50 1 0 4 4 0.31
YAC2164 206624 771994 AC 270 -60 50 NSI        
YAC2165 206599 772002 AC 270 -60 54 NSI        
YAC2166 206572 771997 AC 270 -60 50 1 0 8 8 0.22
YAC2167 206547 772002 AC 270 -60 53 NSI        
YAC2168 206514 772000 AC 270 -60 55 NSI        
YAC2169 206487 772000 AC 270 -60 48 NSI        
YAC2170 206460 772007 AC 270 -60 50 NSI        
YAC2171 206435 772003 AC 270 -60 50 NSI        
YAC2172 206410 772005 AC 270 -60 54 NSI        
YAC2173 206383 772001 AC 270 -60 58 NSI        
YAC2174 206354 772000 AC 270 -60 48 NSI        
YAC2175 206328 771996 AC 270 -60 54 NSI        
YAC2176 206301 771991 AC 270 -60 50 NSI        
YAC2177 206276 771995 AC 270 -60 50 NSI        
YAC2178 206251 771998 AC 270 -60 50 NSI        
YAC2179 206226 772002 AC 270 -60 50 1 48 50 2 0.91
YAC2180 206201 772001 AC 270 -60 50 NSI        
YAC2181 206176 772002 AC 270 -60 50 NSI        
YAC2182 206151 772002 AC 270 -60 50 1 12 16 4 0.21
YAC2183 206126 772002 AC 270 -60 50 NSI        
YAC2184 206101 772002 AC 270 -60 51 NSI        
YAC2185 206076 771995 AC 270 -60 51 1 44 48 4 0.29
YAC2186 206051 771995 AC 270 -60 51 NSI        
YAC2187 206026 772003 AC 270 -60 50 1 0 4 4 0.27
YAC2188 206001 772002 AC 270 -60 50 NSI        
YAC2189 205976 772009 AC 270 -60 50 NSI        
YAC2190 205951 772009 AC 270 -60 50 NSI        
YAC2191 205926 772006 AC 270 -60 50 1 4 8 4 0.26
YAC2192 205901 772006 AC 270 -60 50 1 28 32 4 0.25
YAC2193 205876 772008 AC 270 -60 52 NSI        
YAC2194 205848 772010 AC 270 -60 50 NSI        
YAC2195 205823 772006 AC 270 -60 50 NSI        
YAC2196 205798 772008 AC 270 -60 50 NSI        
YAC2197 205773 772006 AC 270 -60 50 NSI        
YAC2198 205748 772002 AC 270 -60 50 1 4 8 4 0.29
YAC2199 205723 771998 AC 270 -60 50 NSI        
YAC2200 205698 771996 AC 270 -60 50 1 0 4 4 0.3
YAC2200 205698 771996 AC 270 -60 50 4 12 28 16 0.33
YAC2201 205673 771997 AC 270 -60 50 NSI        
YAC2202 205648 772000 AC 270 -60 50 NSI        
YAC2203 205623 771996 AC 270 -60 54 NSI        
YAC2204 205596 772000 AC 270 -60 50 NSI        
YAC2205 205571 772006 AC 270 -60 52 NSI        
YAC2206 205545 772000 AC 270 -60 50 NSI        
YAC2207 205520 771998 AC 270 -60 50 NSI        
YAC2208 205495 771997 AC 270 -60 50 NSI        
YAC2209 205470 771998 AC 270 -60 52 NSI        
YAC2210 205444 771999 AC 270 -60 50 NSI        
YAC2211 205419 772001 AC 270 -60 50 NSI        
YAC2212 208697 772000 AC 270 -60 54 NSI        
YAC2213 208670 772000 AC 270 -60 52 NSI        
YAC2214 208644 772000 AC 270 -60 50 NSI        
YAC2215 208619 772000 AC 270 -60 50 NSI        
YAC2216 208594 772002 AC 270 -60 50 NSI        
YAC2217 208569 772004 AC 270 -60 50 NSI        
YAC2218 208544 772005 AC 270 -60 50 NSI        
YAC2219 208519 772007 AC 270 -60 50 NSI        
YAC2220 208494 772009 AC 270 -60 50 NSI        
YAC2221 208469 772007 AC 270 -60 50 NSI        
YAC2222 208444 772002 AC 270 -60 50 1 20 24 4 0.21
YAC2223 208419 772001 AC 270 -60 51 NSI        
YAC2224 208394 772001 AC 270 -60 51 NSI        
YAC2225 208369 771998 AC 270 -60 52 1 16 20 4 0.33
YAC2226 208343 771993 AC 270 -60 50 NSI        
YAC2227 208318 771997 AC 270 -60 52 NSI        
YAC2228 208267 771985 AC 270 -60 50 NSI        
YAC2229 208242 771989 AC 270 -60 52 NSI        
YAC2230 208216 771992 AC 270 -60 51 NSI        
YAC2231 208191 771997 AC 270 -60 52 NSI        
YAC2232 208165 771995 AC 270 -60 54 NSI        
YAC2233 208138 772002 AC 270 -60 50 NSI        
YAC2234 208113 772012 AC 270 -60 54 NSI        
YAC2235 208086 771995 AC 270 -60 54 NSI        
YAC2236 208059 771995 AC 270 -60 53 NSI        
YAC2237 208023 772002 AC 270 -60 50 NSI        
YAC2238 207998 772011 AC 270 -60 50 1 44 48 4 0.28
YAC2239 207973 772019 AC 270 -60 0 NSI        
YAC2240 207955 772021 AC 270 -60 51 NSI        
YAC2241 207933 772014 AC 270 -60 50 NSI        
YAC2242 207912 772005 AC 270 -60 50 NSI        
YAC2243 207879 772008 AC 270 -60 50 NSI        
YAC2244 207854 772006 AC 270 -60 50 NSI        
YAC2245 207829 772011 AC 270 -60 52 NSI        
YAC2246 207804 772006 AC 270 -60 50 1 28 32 4 0.22
YAC2247 207779 772003 AC 270 -60 50 NSI        
YAC2248 207754 771997 AC 270 -60 50 NSI        
YAC2249 207621 771994 AC 270 -60 50 1 8 12 4 0.28
YAC2250 207596 772000 AC 270 -60 54 NSI        
YAC2251 207569 772002 AC 270 -60 54 NSI        
YAC2252 207542 772000 AC 270 -60 54 NSI        
YAC2253 207515 772004 AC 270 -60 54 NSI        
YAC2254 207488 772000 AC 270 -60 50 NSI        
YAC2255 207463 772006 AC 270 -60 52 NSI        
YAC2256 207437 772000 AC 270 -60 52 NSI        
YAC2257 207411 772003 AC 270 -60 50 NSI        
YAC2258 207386 772004 AC 270 -60 50 NSI        
YAC2259 207361 772005 AC 270 -60 54 NSI        
YAC2260 207335 772000 AC 270 -60 54 NSI        
YAC2261 207309 771993 AC 270 -60 50 1 4 8 4 0.3
YAC2262 207284 771997 AC 270 -60 50 1 40 44 4 0.23
YAC2263 207259 772000 AC 270 -60 50 NSI        
YAC2264 207234 772003 AC 270 -60 50 1 24 28 4 0.3
YAC2265 207209 772003 AC 270 -60 52 2 32 40 8 0.32
YAC2266 207183 772003 AC 270 -60 50 NSI        
YAC2267 207158 772001 AC 270 -60 50 NSI        
YAC2268 208280 772400 AC 270 -60 50 NSI        
YAC2269 208255 772402 AC 270 -60 54 NSI        
YAC2270 208228 772402 AC 270 -60 50 NSI        
YAC2271 208203 772401 AC 270 -60 54 NSI        
YAC2272 208178 772400 AC 270 -60 60 NSI        
YAC2273 208149 772399 AC 270 -60 56 NSI        
YAC2274 208121 772400 AC 270 -60 52 NSI        
YAC2275 208095 772405 AC 270 -60 51 NSI        
YAC2276 208070 772400 AC 270 -60 54 NSI        
YAC2277 208043 772401 AC 270 -60 54 NSI        
YAC2278 208016 772400 AC 270 -60 50 NSI        
YAC2279 207991 772400 AC 270 -60 51 NSI        
YAC2280 207966 772400 AC 270 -60 50 NSI        
YAC2281 207941 772400 AC 270 -60 51 NSI        
YAC2282 207916 772398 AC 270 -60 50 NSI        
YAC2283 207891 772401 AC 270 -60 50 NSI        
YAC2284 207866 772402 AC 270 -60 54 NSI        
YAC2285 207839 772400 AC 270 -60 54 NSI        
YAC2286 207812 772401 AC 270 -60 54 NSI        
YAC2287 207785 772401 AC 270 -60 51 NSI        
YAC2288 207766 772396 AC       1 8 12 4 0.4
YAC2289 207741 772401 AC 270 -60 52 NSI        
YAC2290 207715 772398 AC 270 -60 50 NSI        
YAC2291 207690 772397 AC 270 -60 50 NSI        
YAC2292 207665 772396 AC 270 -60 51 NSI        
YAC2293 207640 772397 AC 270 -60 51 NSI        
YAC2294 207615 772397 AC 270 -60 52 NSI        
YAC2295 207589 772398 AC 270 -60 51 NSI        
YAC2296 207563 772396 AC 270 -60 50 NSI        
YAC2297 207538 772397 AC       1 0 4 4 1.81
YAC2298 207513 772395 AC 270 -60 51 NSI        
YAC2299 207488 772397 AC 270 -60 54 NSI        
YAC2300 207441 772401 AC 270 -60 44 NSI        
YAC2301 207419 772400 AC 270 -60 44 NSI        
YAC2302 207397 772400 AC 270 -60 52 NSI        
YAC2303 207371 772403 AC       1 48 52 4 0.22
YAC2304 207345 772400 AC       1 12 16 4 0.83
YAC2305 207318 772400 AC 270 -60 54 NSI        
YAC2306 207291 772395 AC 270 -60 54 NSI        
YAC2307 207264 772388 AC 270 -60 54 NSI        
YAC2308 207222 772392 AC 270 -60 57 NSI        
YAC2309 207194 772398 AC 270 -60 54 NSI        
YAC2310 207167 772400 AC       2 12 20 8 0.27
YAC2310 207167 772400 AC       1 40 44 4 0.93
YAC2311 207142 772404 AC 270 -60 50 NSI        
YAC2312 207117 772406 AC 270 -60 50 NSI        
YAC2313 207092 772404 AC 270 -60 50 NSI        
YAC2314 207067 772402 AC 270 -60 50 NSI        
YAC2315 207042 772402 AC 270 -60 50 NSI        
YAC2316 207017 772400 AC 270 -60 50 NSI        
YAC2317 206992 772400 AC 270 -60 53 NSI        
YAC2318 206966 772396 AC       1 4 8 4 0.67
YAC2319 206966 772396 AC 270 -60 50 NSI        
YAC2320 206939 772396 AC 270 -60 50 NSI        
YAC2321 206882 772400 AC 270 -60 54 NSI        
YAC2322 206855 772400 AC       1 20 24 4 0.24
YAC2323 206830 772400 AC 270 -60 52 NSI        
YAC2324 206804 772400 AC 270 -60 60 NSI        
YAC2325 206774 772400 AC       1 12 16 4 0.2
YAC2326 206744 772400 AC 270 -60 54 NSI        
YAC2327 206717 772400 AC 270 -60 54 NSI        
YAC2328 206690 772399 AC       1 16 20 4 0.28
YAC2329 206665 772400 AC 270 -60 54 NSI        
YAC2330 206638 772402 AC 270 -60 50 NSI        
YAC2331 206613 772400 AC 270 -60 50 NSI        
YAC2332 206588 772402 AC 270 -60 50 NSI        
YAC2333 206563 772406 AC 270 -60 50 NSI        
YAC2334 206538 772404 AC 270 -60 50 NSI        
YAC2335 206513 772405 AC 270 -60 50 NSI        
YAC2336 206488 772404 AC 270 -60 51 NSI        
YAC2337 206459 772399 AC       1 0 4 4 0.81
YAC2338 206434 772402 AC 270 -60 54 NSI        
YAC2339 206407 772402 AC 270 -60 54 NSI        
YAC2340 206380 772400 AC 270 -60 54 NSI        
YAC2341 206353 772400 AC 270 -60 51 NSI        
YAC2342 206328 772402 AC 270 -60 50 NSI        
YAC2343 206303 772396 AC       1 8 12 4 0.3
YAC2344 206278 772400 AC 270 -60 51 NSI        
YAC2345 206253 772404 AC 270 -60 50 NSI        
YAC2346 206228 772401 AC 270 -60 50 NSI        
YAC2347 206203 772404 AC 270 -60 52 NSI        
YAC2348 206177 772400 AC 270 -60 51 NSI        
YAC2349 206152 772401 AC       1 28 32 4 0.31
YAC2350 206127 772401 AC       1 52 55 3 0.25
YAC2351 206100 772401 AC 270 -60 51 NSI        
YAC2352 206075 772400 AC       1 0 4 4 2.07
YAC2353 206050 772406 AC 270 -60 50 NSI        
YAC2354 206025 772402 AC       1 32 36 4 0.21
YAC2355 206000 772400 AC 270 -60 50 NSI        
CMA East                      
YRC1760 223150 777010 RC     104 Assay pending        
YRC1761 223565 776400 RC     100 Assay pending        
YRC1762 223764 776280 RC     102 Assay pending        
YRC1763 223355 776359 RC     100 Assay pending        
YRC1764 223669 776375 RC     100 Assay pending        
YRC1765 223455 776359 RC     100 Assay pending        
YRC1766 223263 776404 RC     100 Assay pending        
YRC1767 223334.29 776893.94 RC     100 Assay pending        
YRC1768 223443 776902 RC     120 Assay pending        
YRC1769 223575 775900 RC     102 Assay pending        
YRC1770 223250 776900 RC     100 Assay pending        
YRC1782 221900 777815 RC     120 Assay pending        
YRC1783 221817 777805 RC     80 Assay pending        
YRC1784 221780 777800 RC     60 Assay pending        
YRC1785 221935 777587 RC     80 Assay pending        
YRC1786 221895 777587 RC     80 Assay pending        
YRC1787 221855 777587 RC     80 Assay pending        
YRC1788 221815 777587 RC     60 Assay pending        
YRC1789 221925 777387 RC     80 Assay pending        
YRC1790 221885 777387 RC     80 Assay pending        
YRC1791 221845 777387 RC     80 Assay pending        
YRC1792 221805 777387 RC     60 Assay pending        
YRC1793 221880 777187 RC     60 Assay pending        
YRC1794 221920 777187 RC     80 Assay pending        
YRC1795 221960 777187 RC     80 Assay pending        
YRC1796 222000 777187 RC     80 Assay pending        
YRC1797 221960 776987 RC     60 Assay pending        
YRC1798 222000 776987 RC