Teranga Gold Corporation (fka TGCDF)

[geodan]

Yes, TerangaBeats: Normally does exceed expectations.


TORONTO, ONTARIO -- (Marketwired) -- 01/05/17 -- Teranga Gold Corporation(TGCDF) ("Teranga" or the "Company") is pleased to announce 2016 gold production of 216,735 ounces, exceeding the high end of its 2016 production guidance range of 200,000 to 215,000 ounces.

"Strong operational performance by our employees who worked tirelessly throughout the year enabled Teranga to achieve record production in 2016," stated Richard Young, President and Chief Executive Officer. "Our processing plant operated at record levels this year, following the early commissioning of the mill optimization project that is expected to increase our mill capacity by up to 15% per annum."

Teranga also announced today that it will release its operating results for the three and twelve months ended December 31, 2016 on Monday, January 30, 2017 at approximately 6:00 a.m. ET. A conference call and audio webcast will be held later that morning at 8:30 a.m. ET to review and discuss the quarter's highlights.

Those wishing to listen can access the live conference call and audio webcast as follows:

Date & Time: Monday, January 30, 2017 at 8:30 a.m. ET

Telephone: Toll-free [phone]
Local or International [phone]

Please allow 10 minutes to be connected to the conference call.

Webcast: The webcast can be accessed directly at www.gowebcasting.com/8288 and on Teranga's website at http://www.terangagold.com/.

Replay: The conference call replay will be available for two weeks after the call by dialing
[phone] or toll-free at [phone] and entering the conference ID 48950318.

Note: The slide presentation will be available for download at http://www.terangagold.com/ for simultaneous viewing during the call.