CEY Centamin Plc

 

TIDMCEY 
 
RNS Number : 6375U 
Centamin Egypt Limited 
29 June 2009 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Centamin Egypt Limited ("Centamin" or "the Company") 
(TSX:CEE, ASX:CNT, AIM:CEY) 
 
 
 
 
FIRST GOLD POUR FROM THE SUKARI GOLD PROJECT 
 
 
Centamin Egypt Limited is pleased to announce that the first gold from the 
Sukari Gold Project ("Sukari") was poured on Friday, 26 June 2009. 
 
 
This milestone marks the commencement of production and commissioning at the 
Sukari gold mine ahead of the commercial ramp up of production, which is 
anticipated over the coming months. 
 
 
Sukari is the first modern commercial gold mine to be operated in Egypt, and has 
a current mineral reserve of 142Mt @ 1.4g/t Au for 6.4Moz. The current mineral 
resource stands at 191Mt @ 1.53g/t Au for 9.39Moz Measured and Indicated, and 
64Mt @ 1.7g/t Au for 3.5Moz Inferred (as disclosed in the press release dated 12 
February 2009). 
 
 
Josef El-Raghy, Managing Director/CEO of Centamin, stated: 
 
 
"The first gold pour from Sukari marks the beginning of our production from the 
largest gold mine to come on-stream this year. The initial production of gold 
doré came from ore mined in the Amun Zone of the Sukari hill and represents 
Egypt's first modern day gold production. The 4mtpa capacity plant will attain 
production rates of around 200,000 oz Au per annum by year end. Centamin is 
currently stockpiling ore in anticipation of a ramp up in production later this 
year. 
 
 
The delivery of initial gold production in June 2009 is testament to the 
extraordinary hard work and professionalism of the entire team at Centamin and 
the co-operation of the Egyptian Government in particular His Excellency Sameh 
Fahmy, Minister for Petroleum and Mineral Resources. We look forward to updating 
stakeholders further on progress of the project over the coming months." 
 
 
Photographs of the first gold pour are available on the Company's 
website www.centamin.com. 
 
 
For Centamin Egypt Limited 
 
 
 
 
 
 
Josef El-Raghy 
Managing Director/CEO 
29 June 2009 
 
 
 
 
 
 
For more information please contact: 
 
 
+--------------------------+------------------------------+---------------------------+ 
| Centamin Egypt Limited   | Buchanan Communications      |  Ambrian Partners Limited | 
| + 61 (8) 9316 2640       | Limited                      |    + 44 (0) 207 7634 4700 | 
| Josef El-Raghy           | + 44 (0) 207 7466 5000       |             Richard Brown | 
| www.centamin.com         | Bobby Morse                  |        Richard Greenfield | 
|                          | Ben Willey                   |                           | 
|                          | Katharine Sutton             |                           | 
+--------------------------+------------------------------+---------------------------+ 
 
 
 
 
  Quality Assurance and Control and Qualified Person 
 
 
The information in this report that relates to ore reserves has been compiled by 
Mr Tadek Wojtowicz and internally reviewed by Mr Andrew Pardey. Mr Pardey is a 
Member of the Australasian Institute of Mining and Metallurgy and is a full time 
employee of the Company. He has sufficient experience which is relevant to the 
style of mineralisation and type of deposit under consideration and to the 
activity he is undertaking, to qualify as a "Competent Person" as defined in the 
2004 Edition of the "Australasian Code for Reporting of Exploration Results, 
Mineral Resources and Ore Reserves" and is a "Qualified Person" as defined in 
the "National Instrument 43-101 of the Canadian Securities Administrators" and 
"CIM Definition Standards For Mineral Resources and Mineral Reserves" of 
December 2005 as prepared by the CIM Standing Committee on Reserve Definitions 
of the Canadian Institute of Mining. Mr Pardey's written consent has been 
received by the Company for this information to be included in this report in 
the form and context which it appears. 
 
 
The information in this report that relates to ore reserves has also been 
independently verified by Mr Pieter Doelman, an employee of Coffey Mining Pty 
Ltd Perth. Mr Doelman is a Member of the Australasian Institute of Mining and 
Metallurgy and has sufficient experience, relevant to the style of 
mineralisation and type of deposit under consideration and to the activity he is 
undertaking, to qualify as a  "Competent Person" as defined in the 2004 Edition 
of the "Australasian Code for Reporting of Exploration Results, Mineral 
Resources and Ore Reserves" and is a "Qualified Person" as defined in the 
"National Instrument 43-101 of the Canadian Securities Administrators" and the 
"CIM Definition Standards For Mineral Resources and Mineral Reserves" of 
December 2005 as prepared by the CIM Standing Committee on Reserve Definitions 
of the Canadian Institute of Mining. Mr Doelman consents to the inclusion of 
this estimate in reports. 
 
 
Information in this report which relates to exploration, geology, sampling and 
drilling is based on information compiled by geologist Mr Richard Osman who is a 
full time employee of the Company, and is a member of the Australasian Institute 
of Mining and Metallurgy with more than five years experience in the fields of 
activity being reported on, and is a 'Competent Person' for this purpose and is 
a "Qualified Person" as defined in "National Instrument 43-101 of the Canadian 
Securities Administrators". His written consent has been received by the Company 
for this information to be included in this report in the form and context which 
it appears. 
 
 
The assay samples were analysed by Ultra Trace Pty Ltd, Canning Vale, Western 
Australia. 
 
 
The information in this report that relates to mineral resources is based on 
work completed independently by Mr Nicolas Johnson, who is a Member of the 
Australian Institute of Geoscientists. Mr Johnson is a full time employee of 
Hellman and Schofield Pty Ltd and has sufficient experience which is relevant to 
the style of mineralisation and type of deposit under consideration and to the 
activity which he is undertaking to qualify as a "Competent Person" as defined 
in the 2004 edition of the "Australasian Code for Reporting of Exploration 
Results, Mineral Resources and Ore Reserves" and is a "Qualified Person" as 
defined in "National Instrument 43-101 of the Canadian Securities 
Administrators". Mr Johnson consents to the inclusion in the report of the 
matters based on his information in the form and context in which it appears. 
 
 
Refer to the Technical Report which was filed in May 2009 for further discussion 
of the extent to which the estimate of mineral resources/reserves may be 
materially affected by any known environmental, permitting, legal, title, 
taxation, socio-political, marketing or other relevant issue. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCCKFKDOBKDAAB 
 

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