Alacer Gold Announces Release Date for 2017 Year-End Operational and Financial Results Conference Call
January 17 2018 - 12:54PM
Alacer Gold Corp. (
“Alacer” or
the
“Company”)
(TSX:ASR) and (ASX:AQG) plans
to release its fourth quarter and full year 2017 operating results,
financial statements and the related management’s discussion and
analysis before the Toronto Stock Exchange opens on Tuesday,
February 6, 2018 (North America).
Rod Antal, Alacer’s President and Chief
Executive Officer will host a conference call on Tuesday,
February 6, 2018 at 4:00 p.m. (North America Eastern Standard Time)
/ Wednesday, February 7, 2018 at 8:00 a.m. (Australian Eastern
Daylight Time).
You may listen to the call via webcast at
http://services.choruscall.ca/links/alacer20180202.html. The
conference call presentation will also be available at the link
provided prior to the call commencing.
You may participate in the conference call by
dialing:
1-800-319-4610 |
for U.S. and
Canada |
1-800-423-528
|
for Australia |
800-930-470
|
for Hong Kong |
800-101-2425
|
for Singapore |
0808-101-2791 |
for United Kingdom |
1-604-638-5340
|
for International |
“Alacer Gold
Call” |
Conference
ID |
If you are unable to participate in the call, a
webcast will be archived until May 6, 2018 and a recording of the
call will be available on Alacer’s website at www.AlacerGold.com or
through replay until Tuesday, March 20, 2018 , by using
passcode 2003# and calling:
1-855-669-9658 |
for U.S. and
Canada |
800-984-354
|
for Australia |
The corresponding financial statements,
management’s discussion and analysis, press release, and
presentation will be posted on Alacer’s website and on
www.SEDAR.com.
About Alacer
Alacer is a leading intermediate gold mining
company, with an 80% interest in the world-class Çöpler Gold Mine
in Turkey operated by Anagold Madencilik Sanayi ve Ticaret A.S.
(“Anagold”), and the remaining 20% owned by Lidya Madencilik Sanayi
ve Ticaret A.S. (“Lidya Mining”). The Company’s primary focus is to
leverage its cornerstone Çöpler Mine and strong balance sheet to
maximize portfolio value and free cash flow, minimize project risk,
and therefore, create maximum value for shareholders. The Çöpler
Mine is in east-central Turkey in the Erzincan Province,
approximately 1,100 kilometers southeast from Istanbul and 550
kilometers east from Ankara, Turkey’s capital city.
Alacer is actively pursuing initiatives to
enhance value beyond the current mine plan:
- Çöpler Oxide Production Optimization – Expansion of the
existing heap leach pad capacity to 58 million tonnes continues. A
maiden Mineral Reserve of 176,000 ounces was released for
Çakmaktepe in December 2017 and adds oxide production starting in
2018. The Company continues to evaluate opportunities to extend
oxide production beyond the current reserves, including a new heap
leach pad site to the west of the Çöpler Mine.
- Çöpler Sulfide Expansion Project (the “Sulfide Project”) – The
Sulfide Project construction is more than 75% complete, under
budget, and on schedule for first gold production in the third
quarter 2018. The Sulfide Project is expected to deliver long-term
growth with robust financial returns and adds 20 years of
production at Çöpler. The Sulfide Project will bring Çöpler’s
remaining life-of-mine gold production to over 2 million ounces at
All-in Sustaining Costs averaging $645 per ounce.
- The Company continues to pursue opportunities to further expand
its current operating base to become a sustainable multi-mine
producer with a focus on Turkey. The systematic and focused
exploration efforts in the Çöpler District, as well as in other
regions of Turkey, are progressing. A 70% increase to the
Çakmaktepe Mineral Measured and Indicated Resource estimate was
released in December 2017, and the resource remains open. The
Çöpler District remains the focus in 2018 with the goal of
continuing to grow oxide production and utilize the existing Çöpler
infrastructure. In the region, work continues on a Definitive
Feasibility Study (“DFS”) for the Gediktepe Project and is expected
to be complete in June 2018.
Alacer is a Canadian company incorporated in the
Yukon Territory with its primary listing on the Toronto Stock
Exchange. The Company also has a secondary listing on the
Australian Securities Exchange where CHESS Depositary Interests
(“CDIs”) trade.
For further information on Alacer Gold
Corp., please contact: Lisa Maestas – Director, Investor
Relations at +1-303-292-1299