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March 5, 2013
07:55 EDTGSSGolden Star Resources announces signing of negotiated resettlement agreement
Golden Star Resources announced the signing of the negotiated resettlement agreement which will enable the relocation of the community of Dumasi to a new site. The community of Dumasi is located upon the Dumasi deposit, which is a key orebody for the Company's Bogoso Mine. The orebody is Bogoso's largest undeveloped open pit mine on the concession and, as at December 31, 2012, contained National Instrument 43-101 compliant Proven and Probable Mineral Reserves of 15.3 million tonnes grading 2.19 g/t for 1.08 million ounces of gold. Dumasi is located approximately 4 kilometres north of the Bogoso processing plant complex. Production from the Dumasi deposit is expected to begin in early 2015 and will feed both the non-refractory and the refractory plants at Bogoso for several years to come.
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March 26, 2015
07:10 EDTGSSGolden Star Resources announces Wassa mine feasibility study results
The Feasibility Study estimates the Wassa Mine will produce an average of 163,000 ounces of gold per annum over its production life with average cash operating costs of $780 per ounce. Internal rate of return of 83% estimated for the Wassa Mine at $1,200 per ounce gold price. Net present value, assuming a 5% discount rate, of $176M estimated for Wassa Mine, at $1,200 per ounce gold price. Total Proven and Probable Mineral Reserves for Wassa Mine as of December 31, 2014 are 24.1 million tonnes at 2.04 grams per tonne of gold for 1.6 million ounces of gold. Total Measured and Indicated Mineral Resources as of December 31, 2014 are 49.5 million tonnes at 2.21 g/t Au for 3.5 million ounces of gold, inclusive of Mineral Reserves. Wassa Underground Mineral Reserves as of December 31, 2014 are 5.4 million tonnes at 4.26 g/t Au for 745,000 ounces of gold. Wassa Open Pit Mineral Reserves, including stockpiles, as of December 31, 2014 are 18.7 million tonnes at 1.39 g/t Au for 834,000 ounces of gold.
07:09 EDTGSSGolden Star Resources reports FY14-end total proven, provable mineral reserves
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