Trans-Siberian Gold plc

Gold production at the Company's Asacha mine commenced in September 2011

Established in 2000 with the objective of acquiring and developing a portfolio of quality gold mining assets in Russia, Trans-Siberian Gold plc (TSG) is a UK-based resources company which listed on the London Stock Exchange's Alternative Investment Market (AIM) in November 2003. TSG has focused on acquiring full ownership of its projects rather than joint venturing with a local partner. The Group employs Russian management and staff on its projects. With a well established position in Russia and strong growth prospects, TSG commenced gold production at its Asacha mine in September 2011.

Following the disposal of Veduga and Bogunay in June 2007, TSG's activities are now focused on the Kamchatka peninsula in Far East Russia where its Asacha and Rodnikova properties contain approximately 900,000 oz of gold and about 4 million oz of silver in total mineral resources calculated to JORC standards. There is upside potential at both properties.

Development mining at Asacha commenced in 2008 and by the end of November 2010 more than 58,000 tonnes of ore had been mined and stockpiled. Gold production commenced in September 2011. Production of around 7,500 ounces is expected in 2011, increasing to 63,000 ounces in 2012 and 100,000 ounces in 2015.

AGM presentation by Chief Executive PDF (2.8Mb)

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