ALD > Great Ann. Significant Gold Intercept at Pigiput Prospect
ALD > Allied Gold Limiteds gold production and exploration development portfolio is centred on the
Tabar Islands of Papua New Guinea, approximately 60 kilometres from Lihir Island which
hosts a plus 40 million ounce gold resource and is well placed in the Pacific Rim of Fire (one
of the worlds proven and most prospective gold jurisdictions). See diagram below.
ALD > In 2008-2009, Allied produced 72,609 ounces of gold. Studies are nearing completion on an
expansion of the oxide plant from 2 Mtpa to 3 Mtpa to increase production to 100,000 oz pa.
A study focused on the sulphide resources is looking at the optional configuration for
100,000 oz pa sulphide operation which would lift group production towards 250,000 oz pa
by 2012.
..Put it on your watch list!
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