Inactive Instrument

Alacer Gold Corp.

Equities

ASR

CA0106791084

Alacer Gold : Çöpler Sulfide Expansion Project - November 2017

November 09, 2017 at 04:59 pm EST

Çöpler Sulfide Expansion Project Photographic Update Çöpler Sulfide Expansion Project

The Çöpler Gold Mine is operated by Alacer Gold and is currently an open‐pit, heap‐leach operation that is producing gold from oxide ore. The Çöpler orebody also contains refractory sulfide ore that requires a different processing solution than heap‐leaching to extract the gold. A Definitive Feasibility Study was completed and determined that the treatment of the sulfide ore via pressure oxidation provided the best economic return. In May 2016 construction commenced on the Çöpler Sulfide Expansion Project, and at September 30, 2017, the Sulfide Project was 62% complete, under budget and on schedule for first gold production in the third quarter of 2018, providing the next stage of growth for Alacer.

Çöpler Sulfide Expansion Project1
Pre‐Production Capital	US$719 million
Estimated Mine Life	20 years
Life‐of‐Mine Production	4 million ounces
All‐in Sustaining Costs	$645 per ounce
2017 Milestones
Equipment Procurement	Complete
Autoclaves Arrived on Site	Complete
Autoclave Assembly	Complete
Engineering Design	Complete
Autoclave Certification	Complete
Major Plant Civil Works	Complete
Completion of Oxygen Plant	Q4 2017
Electrical & Instrumentation Works	Ongoing
Major Project Milestones
Dry Commissioning Begins	Q1 2018
First Gold Pour	Q3 2018

1 Detailed information regarding the Sulfide Project, including the material assumptions on which the forward‐looking financial information is based, can be found in the technical report dated June 9, 2016 entitled

"Çöpler Mine Technical Report," available on www.sedar.com and on www.asx.com.au.

TSX: ASR / ASX: AQG / 2 Construction Site

Leach & CIP Tanks Maintenance Workshop

Warehouse

Reagent Storage

Oxygen Plant

Crusher

Haul Road

Pressure Oxidation Building

SAG Mill Feed Conveyor

Grinding Thickening

HV Switchyard

Iron Arsenic Precipitation

POX Feed Thickener

Acidulation Area Decant Thickener

SAGMill

Grinding Area

TSX: ASR / ASX: AQG / 3 Grinding Area

Electrical Rooms

TSX: ASR / ASX: AQG / 4

Alacer Gold Corp. published this content on 09 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 November 2017 21:58:08 UTC.

Original documenthttp://www.alacergold.com/docs/default-source/press-releases/csep-construction-photos-september-2017--final.pdf?sfvrsn=0

Public permalinkhttp://www.publicnow.com/view/64FA1B35AEBA579454C60A250D8ED514A958A07B

Latest news about Alacer Gold Corp.

Alacer Gold Corp.(TSX:ASR) dropped from S&P/TSX Composite Index	20-09-21	CI
Alacer Gold Corp.(TSX:ASR) dropped from S&P/TSX Capped Composite Index	20-09-21	CI
Alacer Gold Corp.(TSX:ASR) dropped from S&P/TSX Completion Index	20-09-21	CI
Alacer Gold Corp.(TSX:ASR) dropped from S&P Global BMI Index	20-09-21	CI
Alacer Gold Corp.(TSX:ASR) dropped from S&P/TSX Global Mining Index	20-09-21	CI
Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX 300 Index	20-09-17	CI
Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX All Ordinaries Index	20-09-17	CI
Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX Small Ordinaries Index	20-09-17	CI
SSR Mining Inc. completed the acquisition of Alacer Gold Corp. in a merger of equals transaction.	20-09-15	CI
Ssr Mining Inc. and Alacer Gold Corp.Receive Final Regulatory Clearance	20-09-11	CI
Transcript : Alacer Gold Corp., Q2 2020 Earnings Call, Aug 14, 2020	20-08-14
Alacer Gold Corp. Reports Operating Results for the Second Quarter Ended June 30, 2020	20-08-14	CI
Alacer Gold Corp. Reaffirms Production Guidance for the Year 2020	20-08-14	CI
Alacer Gold Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-14	CI
Australian shares hit 3-week high as COVID-19 cases stabilise	20-08-10	RE
Insurance Australia : Australia shares track Wall Street's tech-led selloff, gold stocks lose shine	20-07-23	RE
Yamana Gold : Canada's Yamana Gold aims to hike dividends	20-07-20	RE
De Grey Mining : Australia shares inch lower on unemployment, virus worries; NZ recovers	20-07-16	RE
Australia shares falter as COVID-19 cases, U.S.-China tensions rise	20-07-14	RE
Australia shares fall on second-wave coronavirus fears; NZ flat	20-07-13	RE
Transcript : Alacer Gold Corp. - Shareholder/Analyst Call	20-07-10
Alacer Gold Corp.(ASX:AQG) dropped from S&P/ASX Emerging Companies Index	20-06-22	CI
TSX rises 1.04% to 15,394.36	20-06-02	RE
Gold M&A back on the agenda as coronavirus restrictions ease	20-05-29	RE
Transcript : Alacer Gold Corp., SSR Mining Inc. - M&A Call	20-05-11

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Company Profile

Alacer Gold Corp is an intermediate gold producer. The Company operates in one reportable operating segment consisting of mining, development and exploration of mineral deposits in Turkey. It holds interest in the Copler Gold Mine (Copler) in Turkey. Copler is located in east-central Turkey in the Erzincan Province, approximately 1,100 kilometers southeast from Istanbul and 550 kilometers east from Ankara. Its Copler project is an epithermal gold-silver-copper deposit. The Copler plant has the capacity to process approximately 17,000 tons per day of oxide ore. It also operates the Sulfide Plant. It also owns the Cakmaktepe Project, which is located approximately five kilometers (km) from the Copler Gold Mine.

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