Allied has invested $150 million to refurbish ....
During March the Company took the opportunity to advance a number of planned plant maintenance activities and mining operations were continued. The run of mine (ROM) stock pile has been built to 90,000 tonnes with 75,000 tonnes at Pigiput and 15,000 tonnes at the Sorowar pit. Additionally a significant amount of waste has been pre-‐striped in all pits.
Gold Ridge Commissioning At the 120,000 ozpa Gold Ridge mine in the Solomon Islands commissioning is progressing well since the first gold pour on the 8th of March. Ore on the ROM pad, predominantly from the Valehaichichi pit, stands at 200,000 tonnes with the mine fleet increasing productivity towards 14,000 tonnes per day of ore and waste. In the Namachamata pit some pockets of ore have been taken and the main pit area is scheduled to be accessed in late May.
The mill throughput has been progressively increased with rates achieved of 85%-‐90% of the planned 310 tonnes per hour production rate. The first gold sales from Gold Ridge are expected this month. For more details, please contact: Simon Jemison Investor Relations & Media +61 418 853 922 1 ABOUT ALLIED GOLD Allied Gold is a 200,000 ounce per annum Pacific Rim gold producer with production and exploration assets in Papua New Guinea and the Solomon Islands approximately 3 hours by plane from Brisbane, Australia.
The company’s 100%-‐owned Simberi gold mine is 85 kilometres from Lihir Island in the Tabar Islands group in Papua New Guinea. Simberi commenced gold production in 2008, produced 64,000 ounces in 2009-‐10 and its process plant is being expanded to a throughput of 3.5 Mtpa to produce 100,000 ounces per annum by late 2011. Allied Gold acquired the Gold Ridge mine in the Solomon Islands in late 2009 when it acquired Toronto-‐listed Australian Solomons Gold.
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