Production Commences At Wahgnion Gold Operations Ahead Schedule

TORONTO - Teranga Gold Corporation reported that its second mine, Wahgnion Gold Operations began processing ore during August. Wahgnion, which is located in the southwest portion of Burkina Faso, West Africa, is expected to produce 30,000 to 40,000 ounces of gold in 2019. “During August, we successfully commissioned the Wahgnion plant and are pleased to report that all aspects of the plant are now operational. Fine tuning will continue during September with throughput and grade expected to ramp up during the fourth quarter, in line with our guidance. Typical with commissioning, low grade ore was used to ensure the extraction process is working well before putting higher grade material into the circuit,” said Paul Chawrun, Chief Operating Officer. “We were able to start production ahead of schedule due to the dedication of our owner’s team led by Metifex, as well as our EPCM partner Lycopodium. With safety front and centre, the commissioning phase was completed without a single lost time injury, encompassing over 5.3 million hours worked. This accomplishment reflects the hard work and dedication of all of our employees and contractors, and is aligned with our commitment to responsible mining.”

During construction, Teranga recruited and trained more than 650 skilled workers to work at Wahgnion. Recently, the Company transitioned 70 of these employees from construction into operational roles. In addition to a smooth ramp up to commercial production, Teranga is focusing on its local social responsibility efforts.

The company’s address is 77 King Street West, Suite 2110, Toronto, ON, M5K 2A1, (416) 594-0000, www.terangagold.com.