Gold Producers & Gold Mining Stocks In Production

[NYBob]

$Sumisu; GCM Mining Announces May 2022 Production; Declares July 15, 2022 Monthly Dividend
June 16, 2022
TORONTO, June 16, 2022 (GLOBE NEWSWIRE) --

GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF)
announced today that its Segovia Operations produced 18,507 ounces of gold in
May 2022, up from 17,936 ounces of gold in May last year.
This brings the total gold production for the first five months of 2022 to 86,779
ounces, up from 84,467 ounces in the first five months last year. Segovia’s trailing
12-months’ total gold production at the end of May 2022 was 208,701 ounces, up
about 1% over 2021.
Expansion of the Company’s processing plant at Segovia to 2,000 tonnes per day
(“tpd”) is nearing completion and is expected to be finished in July.
The Company is on track to meet its annual production guidance for 2022 of
between 210,000 and 225,000 ounces of gold.

https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2022/GCM-Mining-Announces-May-2022-Production-Declares-July-15-2022-Monthly-Dividend/default.aspx

GCM Mining processed a total of 52,731 tonnes in May 2022 at its Maria Dama
plant at Segovia, representing a daily processing rate of 1,701 tpd, compared with
49,089 tonnes and 1,584 tpd in May 2021.
Segovia’s head grades averaged 12.1 g/t in May 2022 compared with 12.6 g/t in
May last year.
For the first five months of 2022, a total of 246,352 tonnes (equivalent to 1,631
tpd) were processed at Segovia at an average head grade of 12.2 g/t compared
with a total of 229,747 tonnes (equivalent to 1,522 tpd) at an average head grade
of 12.7 g/t in the first five months last year.

The Company also processed an average of 93 tpd of tailings in May 2022 at its
polymetallic plant at Segovia resulting in the production of approximately 130
tonnes of zinc concentrate and approximately 94 tonnes of lead concentrate which
have been stockpiled.
The Company finalized the offtake contract for the concentrates earlier this month
and is making preparation for the initial shipments which are expected to occur by
the end of this month.
Payable production from the concentrates in May 2022 is estimated to total
approximately 114,000 pounds of zinc, 124,000 pounds of lead, 9,500 ounces of
silver and less than 50 ounces of gold.
Actual payable quantities are subject to change and will be finalized once the
concentrates are shipped.

Monthly Dividend Declaration

GCM Mining also announced today that its Board of Directors has declared the
next monthly dividend of CA$0.015 per common share will be paid on July 15,
2022 to shareholders of record as of the close of business on June 30, 2022.

About GCM Mining Corp.

GCM Mining is a mid-tier gold producer with a proven track record of mine building
and operating in Latin America.
In Colombia, the Company is a leading high-grade underground gold and silver
producer with several mines in operation at its Segovia Operations.
Segovia produced 206,389 ounces of gold in 2021. In Guyana, the Company is
advancing its fully funded Toroparu Project, one of the largest undeveloped
gold/copper projects in the Americas, which is expected to commence production
of more than 200,000 ounces of gold annually in 2024.
GCM Mining pays a monthly dividend to its shareholders and has equity interests
in Aris Gold Corporation (~44%; TSX: ARIS; Colombia – Marmato, Soto Norte;
Canada - Juby), Denarius Metals Corp. (~32%; TSX-V: DSLV; Spain – Lomero-
Poyatos and Colombia – Guia Antigua, Zancudo) and Western Atlas Resources
Inc. (~26%; TSX-V: WA: Nunavut – Meadowbank).

Additional information on GCM Mining can be found on its website at
https://www.gcm-mining.com
and by reviewing its profile on SEDAR at www.sedar.com.

$In GOD We Trust - Real Money - AU Safety 6000yrs )



https://www.kitconet.com/images/quotes_7a.gif?1493417496003









https://www.kitco.com/images/live/silver.gif?0.8344882022363285

Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

GOLD STANDARD; THE REAL LEGAL MONEY:

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God Bless.

[NYBob]

Caledonia Mining Corporation (CALVF)
thank you good info



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82030445

http://www.caledoniamining.com/pdfs/CALPres-11262012.pdf

Caledonia Mining proposes regular dividend payments

Mark Learmonth, VP Corp Development and Investor Relations at
Caledonia Mining (LON:CMCL TSX:CAL), tells Proactiveinvestors
that the proposed dividend marks the transition from life
as a junior gold mining company to its status as a mainstream,
growing, fully funded gold producer.
Mark emphasises that the company will no longer be reliant
on funding from any other source.

Tsvangirai unveils JUICE
http://www.thezimbabwemail.net/zimbabwe/14485-president-tsvangirai-unveils-juice.html
God Bless

[sumisu]

Miramar Identifies New Mineralized Zone at Boston and Continues to Extend Naartok East

Wednesday August 23, 2:02 pm ET

http://biz.yahoo.com/iw/060823/0156785.html

[sumisu]

Miramar Mining Reports Earnings for Second Quarter 2006

Monday August 14, 8:00 am ET

Quarterly earnings of $1.9 million as a result of a reduction in the future income tax rate for Hope Bay

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 14, 2006 -- Miramar Mining Corporation (TSX:MAE.TO - News)(AMEX:MNG - News) today announced its financial results for the second quarter ended June 30, 2006. For the period, Miramar reported consolidated net earnings of $1.9 million or $0.01 per share compared to a net loss of $0.5 million of $0.00 per share for the same period in 2005. Included in the quarter results is the effect of the reduction in future tax rate changes which were approved on June 6, 2006, by the Canadian Federal Government. Consequently, the Company reduced the tax rate used to calculate future income taxes on its Hope Bay project from 34.1% to 31%, which resulted in a reduction of the future tax liability by $2.7 million. We anticipate this tax rate reduction will have a significant positive impact on the estimated future taxes to be paid in the long-term operating scenarios at Hope Bay and will result in higher after tax cash flows estimates. The Company is currently assessing alternatives for Phase 2 of development of the Hope Bay Project which would follow the proposed Doris North project.

Quarter Highlights

The second quarter saw accomplishments in several areas.

Miramar released its new Hope Bay resource estimates which showed an increase in resources of 40% over last year. The exploration success of 2005 was followed up by a significantly larger campaign for 2006 that set out to determine parameters for assessment for the next phase of production at Hope Bay.

A total of 31,100 metres of drilling was completed during the second quarter focussed on the Madrid deposit and in particular the Suluk zone. Drilling significantly extended the Suluk deposit to the south as well as established continuous mineralization between Suluk and Rand gaps. These and other exploration results can be found on the company's website:

http://www.miramarmining.com

Also during the quarter, the company announced two concurrent equity financings for gross proceeds of $95.1 million which consisted of a public offering of 19,200,000 common shares priced at $4.17 per share and a private placement flow through financing of 2,900,000 common shares priced at $5.20 per share. On July 12, 2006 the Company completed the initial closing of these financings. The underwriters also had a 30 day over allotment option related to the common share offering which closed on August 11, 2006 and resulted in gross proceeds of $4.6 million. The proceeds from these financings are not included in the 2nd Quarter results.

Subsequent to the quarter, on July 28, 2006 the Minister of Indian and Northern Affairs Canada (INAC) accepted the Nunavut Impact Review Board's recommendation that the Doris North Project proceed. Miramar is now in the final phase of permitting for Doris North. Dependent on receipt of all final licences and permits, Miramar hopes to be operating at Doris North in mid-2008.

Financial Results

For the quarter ended June 30, 2006, the Company had earnings of $2.2 million or $0.01 per share compared to a net loss of $0.5 million or $0.00 per share in 2005. Excluding the effect of the future tax rate recovery of $2.7 million the loss in the quarter would have been $0.5 million or $0.00 per share. On June 30, 2006 the Company had consolidated working capital of $52.2 million compared to $64.3 million at the end of 2005 which includes $60.0 million of cash and cash equivalents. This does not include the $99.7 million raised in the equity financing.

See the full Financial Statements and Management's Discussion and Analysis attached to this news release.

Forward-Looking Statements

This press release and the attached financial disclosure contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, statements relating to Miramar's strategies, goals and objectives at the Hope Bay project and the expected results of exploration work. Forward-looking statements are statements that are not historical facts and are generally but not always, identified by words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "goal", "objective", "strategy", or variations thereof or similar expressions or statements that events or conditions "will", "would", "may", "could", or "should" occur.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks related to fluctuations in gold prices; uncertainties related to raising sufficient financing in a timely manner and on acceptable terms to fund the planned work; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties, and that commercially viable deposits may not be identified; uncertainties involved in the interpretation of drilling results and other tests and the estimation of gold reserves and resources; the possibility that required permits may not be obtained on a timely manner or at all; the possibility that capital and operating costs may be higher than currently estimated and may preclude commercial development or render operations uneconomic; the possibility that the estimated recovery rates may not be achieved; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in work programs or mine closures; the risk of environmental contamination or damage resulting from Miramar's operations and other risks and uncertainties, including those described in this press release and the attached disclosure and in the Miramar's Annual Report on Form 40-F for the year ended December 31, 2005 and Reports on Form 6-K filed with the Securities and Exchange Commission. Forward-looking statements are based on the beliefs, estimates and opinions of Miramar's management on the date the statements are made. Miramar undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.

This news release has been authorized by the undersigned on behalf of Miramar Mining Corporation.

Tony Walsh, President & CEO

(consolidated financial contained in link below)

http://biz.yahoo.com/iw/060814/0153631.html

[sumisu]

Lateegra Gold to acquire interest in Picacho gold mine

2006-07-25 19:45 ET - News Release

Mr. Michael Townsend reports

LATEEGRA GOLD ACQUIRES PRODUCING GOLD MINE IN SIERRA MADRE GOLD BELT MEXICO

Lateegra Gold Corp. has entered into an acquisition agreement with Tara Gold Resources Corp. to acquire up to a 70-per-cent interest in the Picacho gold mine located within the Northern Sierra Madre gold belt, 120 kilometres south of the United States border, in Sonora state, Mexico.

The Picacho mine, a 3,236-hectare mining concession, is 24 kilometres by haulage road from Bacoachi, a town with a population of approximately 2,000 people serviced by the national electrical grid, a 1,200-metre airstrip and a paved highway accessing the nearby mining town of Cananea and the state capital, Hermosillo.

The previous owners have been exploiting an up to six-metre-wide vein structure for the past three years by driving in on a five-metre by five-metre ramp declining 8 per cent and extending over one kilometre in length. Production comes from several working faces averaging four to six metres in width, dipping at 700, with very competent hangingwall and roof-support conditions. Owner-reported, and company-verified, ore grades averaged five grams gold and 15 grams silver per tonne hosted within a mineralized structure comprising an 85-per-cent-silica content, creating a tailings product that is being sold as a flux agent to the local smelters for $35 (U.S.) per tonne, an amount that is estimated to generate sufficient revenues to cover current mining and milling costs. Management believes the orebody width, dip and hangingwall competency offer tremendous operational flexibility, enabling a variety of mining methodologies to ultimately optimize efficiency while minimizing pillar volumes and dilution.

Lateegra has commissioned three separate site visits to the Picacho property, with check samples being taken under the supervision of National Instrument 43-101 qualified persons, Michael Sandidge, PGeo, Jeffrey Reeder, PGeo, and James McCrea, PGeo. The samples tabulated below were random, representing both the structure and the wall rock. Results as obtained from samples are as follows.

RESULTS AS OBTAINED FROM SAMPLES

Sample Au Ag Site Sample Au Ag Site
No. (g/t) (g/t) No. (g/t) (g/t)

16476 1.315 9.3 MP 0004-06 3.86 4.5 UG
16477 0.57 3.8 MP 0005-06 0.354 6.9 DAV
16478 0.258 4.0 MP 1 0.018 1.9 UG
16479 0.451 13.9 MP 2 0.049 0.6 UG
16480 5.72 31.1 UG 3 1.31 2.9 UG
16481 7.82 22.3 UG 4 0.041 1.4 UG
16482 29.9 53.2 GF 5 1.59 11.1 UG
16483 2.42 12.0 OP 6 3.66 23.9 UG
16484 2.37 9.4 OP 7 0.258 1.6 UG
16485 3.93 12.0 OP 8 6.17 15.3 UG
0001-06 6.47 26.2 OP 9 5.85 11.4 UG
0002-06 2.56 7.6 UG 10 0.135 5.4 UG
0003-06 1.565 4.4 UG 11 7.88 43.1 UG

The samples were collected and transported by independent consultants to ALS Chemex Laboratory (Chemex) in Hermosillo, Sonora, Mexico, (a laboratory certified by ISO 9002).

The purchase of the mine includes an extensive processing facility currently capable of 250 tonnes per day of ore throughput. The mill includes a 1,500-tonne-per-day jaw crusher, a 500-tonne-per-day cone crusher, two ball mills, two floatation cells (400 tonnes per day), two caterpillar gen-sets and a large shop facility. The rolling stock consists of three Wagner ST8 scoop trams, a Gardner Denver 2 boom pneumatic jumbo, a stationary hydraulic exploration drill, two compressors, two Cat D8s and a D9 dozer, a Clarke Michigan front-end loader, one track loader, haul trucks, and all ancillary mining equipment. The equipment, being in good serviceable condition, allows the option for a continuing mining operation simultaneous to the commissioning of a scoping study to prepare recommendations, around various optimization scenarios, for plant and equipment upgrading.

The Picacho project, interpreted as a low-sulphidation epithermal gold-silver system, is hosted in a middle-upper Tertiary caldera complex of silicified andesites and andesitic tuffs intruded by nearly contemporaneous rhyodacites, diotites and andesitic breccias. This caldera complex is part of a volcanic regime covering northern Sonora and Chihuahua states of Mexico, overprinting a northwest-southeast-trending lower Tertiary porphyry-copper belt host to Mexico's largest copper deposits -- Cananea and La Caridad. The property is structurally delineated by northwest-southeast, north-south and northeast-southwest fault and fracture-trending structures traced for over five kilometres, and potentially representing a reactivation of older structures, developing an extensive vein system hosting gold, and characterized by multiphase banded quartz and sulphide stockwork veining with hydrothermal brecciation within intensely silicified andesitic volcanics.

A new zone of intense alteration comprising a vuggy silica discovered in recent workings, represents a near-surface heap-leachable gold target believed to be related to the same structure currently being mined on strike, more than two kilometres away. The new zone will be drill tested as part of a resource definition program. Low sulphidation systems of this type, under favourable conditions, have formed large bulk-tonnage gold deposits including the 42-million-ounce Lihir deposit in Papua New Guinea, the 16-million-ounce Zhao-Ye deposit in China, the five-million-ounce Kori-Kollo deposit in Bolivia and the 18-millon-ounce Cadia East deposit in Australia.

The terms of the option agreement to earn an initial 65-per-cent interest in the project are as follows. Lateegra will make staged escalating payments to the vendors totalling $7,325,000 over a five-year period plus an additional $100,000 per year on the anniversary of the agreement for the term of the joint venture. Lateegra will also commit to spending $1-million in exploration and $2-million on mine development and production plant enhancements within 18 months of the signing of the agreement, as well as issue Tara Gold 50,000 shares per month for a period of 12 months. Once Lateegra has earned the 65-per-cent interest, a joint venture will be formed and a standard dilution clause will be in effect. As a basis for the dilution clause, each party will be deemed to have invested the following amount of money in the Picacho groupings:

* Lateegra -- $10,325,000 (U.S.) (representing its 65-per-cent interest); and
* Tara -- $5.6-million (U.S.) (representing its 35-per-cent interest).

In the event a participant has been diluted down to a 10-per-cent interest, this interest will automatically convert into a 3-per-cent net smelter return and the joint venture agreement will become null and void. For a period of no longer than one year, the 3-per-cent NSR can be reduced to 1 per cent by any partner in exchange for a $2-million (U.S.) payment for each 1-per-cent increment. It is also agreed that Lateegra will have an 18-month option to increase its interest in the Picacho groupings to 70 per cent, thereby reducing Tara's interest in the Picacho groupings to 30 per cent, whereby the price for the 5 per cent will be determined based on a sliding scale of daily production averaged over three months. A finder's fee in accordance with TSX policies will be payable.

The above proposed transaction is subject to TSX Venture Exchange approval. The technical information in this news release has been reviewed by Michael Sandidge, PGeo, a qualified person as defined in National Instrument 43-101, and acknowledges that the property-specific data are historical and believed to be accurate, but should not be relied on.

The company has also granted incentive stock options to the officers, consultants and employees under its stock option plan, for the purchase of up to 130,000 common shares of the company for a period of two years at a price of 80 cents per share.

[NYBob]

trader, great new UNCN Photo Gallery -

http://www.uncn.com/news/othermedia_gallery4.asp

UNCN Gold Mine Investors -

well, lots of buyers getting strategic UNCN -
firesales bargain positions -

Welcome to UNCN -

Great Unico Gold & Silver Mines -

http://www.investorshub.com/boards/board.asp?board_id=177

[NYBob]

Eurasia Gold Inc.

DL (7/3/2006 12:49 PM)
T.EGX Last: 2.25

Change: +0.60(+36.36%)

Volume: 41.17 k

Last Trade: 6/30/06

http://www.investorshub.com/boards/quotes.asp?ticker=t.egx

http://www.investorshub.com/boards/board.asp?board_id=5404

[avocado]

Bullion River Gold Corp. Test Mining Shows Great Promise with the First Recovery of Gold at its French Gulch Mine

http://biz.yahoo.com/iw/060612/0134977.html

RENO, NEVADA--(CCNMatthews - June 12, 2006) - Bullion River Gold Corp. (OTCBB:BLRV) recovered its first gold as it started its mill and test mining operation on Friday, June 9, 2006. The mill-consisting of two ball mills with a capacity of about 220 tons per day, a new Falcon concentrator with a capacity of about 700 tons per day, and a gravity and flotation circuit-was successfully tested with ore from the Washington vein. All systems worked well: after a gradual start up, the mill ran for several hours to test its overall capacity. Gold was recovered from the gravity table in steady streams with several large pieces in between. For pictures of the first gold recovered at French Gulch mine go to http://www.bullionrivergold.com/Gold/index.html.

Peter M. Kuhn, President of Bullion River Gold, said: "We are very, very happy with the success of our start-up and the recovery of such spectacular pieces of gold. This high-grade recovery is encouraging support for our expectations of a high-grade operation. My thanks go out to our crews who have worked so hard to accomplish this smooth start up in the mill. I'm particularly proud of our safety record: our crews have worked 590 consecutive days without a lost-time injury. The mine is producing ore out of the Washington vein and drifts toward the Lucky Seven vein with the major decline. We will increase the efficiency of our mill and test the major Washington and Lucky Seven vein systems while we continue to explore additional veins from surface and underground."

About Bullion River Gold Corp.: Bullion River Gold Corp. is an American-based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Western United States. The company has seven properties, four of which are located in Nevada. Two of the Nevada properties are considered advanced projects and two are considered grassroots projects. The three remaining properties are in California. All three of these properties are past producers.

For more information, contact Jason Martinez, Investor Relations at Bullion River Gold Corp. at (800) 540-BLRV (2578), email at: [e-mail] or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov to review Bullion River's latest filings.

[sumisu]

Yamana Reports Operating Earnings of $5.3 Million for the First Quarter 2006.
Tuesday May 9, 2:12 am ET

http://biz.yahoo.com/iw/060509/0127919.html

[NYBob]

The Largest Future Goldmining in EURO -

Eurasia location to EURO/ASIA will make it
to be the largest Gold Miner in EURO and
ASIA - in the future ? -

http://tinyurl.com/poonk

Another giant waking up -
the largest future Goldmining in EURO ? -



http://www.ivarkreuger.com/Eurasia.htm

Eurasia Gold Corp. -
DD ...
http://tinyurl.com/d7han
Imo. Brgds.

[NYBob]

The Largest Future Goldmining in EURO -

http://tinyurl.com/poonk

Another giant waking up -
the largest future Goldmining in EURO ? -

http://tinyurl.com/otmch

http://www.ivarkreuger.com/Eurasia.htm

http://tinyurl.com/d7han

Eurasia Gold Corp. starting to wake up -

http://www.tsx.com/HttpC

[NYBob]

The Largest Future Goldmining in EURO -

Another giant waking up -
the largest future Goldmining in EURO ? -

http://tinyurl.com/otmch

http://www.ivarkreuger.com/Eurasia.htm

http://tinyurl.com/d7han

Eurasia Gold Corp. starting to wake up -

http://www.tsx.com/HttpController?GetPage=QuotesViewPage&DetailedView=DetailedPrices&Languag...

http://finance.yahoo.com/q?s=egx.v

RE: Eurasia Gold Corp. has bought
all shares of JSC Charaltyn -

About - JSC Charaltyn -
shares have been sold at
Kazakhstan Stock Exchange (KASE)-

There was the first agreement made for JSC Charaltyn
shares selling.
17,1 mln shares were sold.

The shares were listed at KASE
on November 26 2003,
in A category.

The Kazakhstani Gold extraction company, JSC Charaltyn,
received KZT 250.561 Million in profit in the first half
of 2004 year compared to KZT 4 Million of 2003.

The company report to KASE states that sales
exceeded KZT 828.9 Million, which is 3.2 times greater
than 2003.

Company owned capital exceeded KZT 3.3 Billion by
July 1, 2004, which doubled during 2003.

The company’s assets grew from KZT 4.3 Billion to
more than KZT 6.5 Billion - 2004.

JSC Charaltyn was created in 1994 with a license
to develop the Charaltyn Gold Belt, which
exceeds 12 square kilometers in the East
Kazakhstan Gold Belt Territory.

Through out the area, very few boreholes have tested the
depth extensions of surface Gold occurrencies and anomalies
below the oxidation zone.

Very few boreholes have been drilled below a depth of
more than 150 metres.

Considering the significant refractory sulphide-Gold resources
(multi-million ounces of gold based on public domain data)
existing in several Gold deposits located within the excised
area enclosed by the Charsk Gold Belt (Bakyrchik, Bolshevik,
Suzdal, and Jerek deposits) the potential for sulphide-bearing
Gold mineralization - remains to be tested.

Confirmed from the few drilled reserves from the
Gold fields up to 2004 -
controlled by JSC Charaltyn totals 85 tonnes of Gold.
(Kazakhstan Today)

Now JSC Charaltyn is the only Kazakh Gold Mining Company
listed in A category at KASE.

The company produces and sells precious metals,
explores deposits.

Charaltyn is one of Kazakh largest Gold mining enterprises.
The company mined 2,5 tons of Gold - 2003 -
- in 2007 plans 6 tons of Gold precious metal.

Charaltyn currently holds licenses in two regions
in Kazakhstan that are producing Gold.

Mizek Gold mining operation, is an open pit mine
currently mining oxide ore with the future
potential of mining sulphide ore is located in
the Central Eastern Region.

The other mining operations are situated in the
Charsk Gold Belt which is located in the North
Eastern Region.

The Company also holds a license for the Novo-Ukrainskoye
silver deposit in North Western Kazakhstan.

All regions are currently licensed to Charaltyn
for the exploration, development and production
from those deposits.

Based on materials from Kazinform.

http://www.ivarkreuger.com/Eurasia.htm
--

Rhodium $3715.00/oz Frontrunner to Gold -
Gold POG soon to follow -

http://www.kitco.com/LFgif/rh0030lnb.gif
Imo. Brgds.
--

[goldsmith2]

Eurasia Gold Corp. wishes to announce Record Gold Production to
date for 2004
Thursday December 16, 9:00 am ET

TORONTO, Dec. 16 /CNW/ - Eurasia Gold Corp. (TSX-V symbol: EGX - News).

Following on from the revised operational production plan for 2004,
which takes into account the extension of full scale mining
operations at Myaly and the subsequent increase in gold recovery at
Central Mukur, the Board is pleased to announce that it has exceeded
previous operational production and gold sales previously achieved by
the Company to date.

The current gold production to date of 27,072 ounces and gold
sales to date of 26,070 ounces has exceeded the previous year's
annual operational gold production and sales. Annualised gold
production and sales for 2003 were 25,332 ounces and 25,951 ounces
respectively.

Commenting on this achievement Mr Baltabek Mukashev, President and
CEO reconfirmed the Company's commitment to continue to increase gold
production cost effectively by investing in technology and improving
the efficiency of our mining operations.

The Company has successfully demonstrated the application of
technology and improving the efficiency of the mining operations with
a 24.5% improvement in gold recovery from the new crushing and
agglomeration complex at Central Mukur.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE



http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=13970

For further information

Baltabek Mukashev, President and CEO, [phone],
[e-mail]
Ismail Nishanbayev, CFO, [phone], [e-mail]
Graham Bevan, Director, [phone], [e-mail]
Eurasia Gold Corp., [phone], [e-mail]


Source: Eurasia Gold Corp.

http://biz.yahoo.com/cnw/041216/eurasia_gold_results_1.html

--------

http://www.ivarkreuger.com/gold.htm
--