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Centamin Egypt Ltd FIRST GOLD EXPORT AND DESIGN THROUGHPUT...

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    Centamin Egypt Ltd FIRST GOLD EXPORT AND DESIGN THROUGHPUT ACHIEVED

    TIDMCEY

    RNS Number : 3120F
    Centamin Egypt Limited
    11 January 2010

    Centamin Egypt Limited ("Centamin" or "the Company")
    (LSE:CEY, TSX:CEE, ASX:CNT)

    FIRST GOLD EXPORT AND DESIGN THROUGHPUT ACHIEVED

    Centamin, the gold mining group in Egypt, is pleased to advise that the Sukari
    Gold Project has achieved yet another important milestone with the commencement
    of gold exports to a nominated overseas gold refinery, Johnson Matthey.


    The commencement of gold exports from Sukari coincides with the achievement of
    optimal design throughput at the Sukari Gold Project during December 2009. The
    4mtpa processing facility is now performing in accordance with commercial
    production standards and in line with design specifications.


    Sukari is the first modern commercial gold mine to be operated in Egypt, and has
    a current mineral reserve of 142Mt @1.4g/t Au for 6.4Moz. The current mineral
    resource stands at 210Mt @ 1.52g/t Au for 10.29Moz Measured and Indicated, and
    66Mt @ 1.6g/t Au for 3.4Moz Inferred.


    The achievement of the above milestones are a result of the extraordinary
    efforts and dedication of the entire team at Centamin and the co-operation of
    the Egyptian Government, in particular His Excellency Sameh Fahmy Minister for
    Petroleum and Mineral Resources.


    We look forward to updating stakeholders on further progress of the Sukari Gold
    Project in coming months as the exploration, development and production at
    Sukari continues.


    For Centamin Egypt Limited








    Josef El-Raghy
    Managing Director/CEO
    11 January 2010


















    For more information please contact:


    +------------------------------------------+------------------------------------------+
    | Centamin Egypt Limited | Buchanan Communications Limited |
    | + 61 (8) 9316 2640 | + 44 (0) 207 7466 5000 |
    | Josef El-Raghy | Bobby Morse |
    | www.centamin.com | Ben Willey |
    +------------------------------------------+------------------------------------------+








    Quality Assurance and Control and Qualified Person


    The information in this report that relates to ore reserves has been compiled
    internally and reviewed by Mr Andrew Pardey. Mr Pardey is a Member of the
    Australasian Institute of Mining and Metallurgy and is a full time employee of
    the Company. He has sufficient experience which is relevant to the style of
    mineralisation and type of deposit under consideration and to the activity he is
    undertaking, to qualify as a "Competent Person" as defined in the 2004 Edition
    of the "Australasian Code for Reporting of Exploration Results, Mineral
    Resources and Ore Reserves" and is a "Qualified Person" as defined in the
    "National Instrument 43-101 of the Canadian Securities Administrators" and "CIM
    Definition Standards For Mineral Resources and Mineral Reserves" of December
    2005 as prepared by the CIM Standing Committee on Reserve Definitions of the
    Canadian Institute of Mining. Mr Pardey's written consent has been received by
    the Company for this information to be included in this report in the form and
    context which it appears.

    The information in this report that relates to ore reserves has also been
    independently verified by Mr Pieter Doelman, an employee of Coffey Mining Pty
    Ltd Perth. Mr Doelman is a Member of the Australasian Institute of Mining and
    Metallurgy and has sufficient experience, relevant to the style of
    mineralisation and type of deposit under consideration and to the activity he is
    undertaking, to qualify as a "Competent Person" as defined in the 2004 Edition
    of the "Australasian Code for Reporting of Exploration Results, Mineral
    Resources and Ore Reserves" and is a "Qualified Person" as defined in the
    "National Instrument 43-101 of the Canadian Securities Administrators" and the
    "CIM Definition Standards For Mineral Resources and Mineral Reserves" of
    December 2005 as prepared by the CIM Standing Committee on Reserve Definitions
    of the Canadian Institute of Mining. Mr Doelman consents to the inclusion of
    this estimate in reports.

    Information in this report which relates to exploration, geology, sampling and
    drilling is based on information compiled by geologist Mr Richard Osman who is a
    full time employee of the Company, and is a member of the Australasian Institute
    of Mining and Metallurgy with more than five years experience in the fields of
    activity being reported on, and is a 'Competent Person' for this purpose and is
    a "Qualified Person" as defined in "National Instrument 43-101 of the Canadian
    Securities Administrators". His written consent has been received by the Company
    for this information to be included in this report in the form and context which
    it appears.

    The assay samples were analysed by Ultra Trace Pty Ltd, Canning Vale, Western
    Australia.

    The information in this report that relates to mineral resources is based on
    work completed independently by Mr Nicolas Johnson, who is a Member of the
    Australian Institute of Geoscientists. Mr Johnson is a full time employee of
    Hellman and Schofield Pty Ltd and has sufficient experience which is relevant to
    the style of mineralisation and type of deposit under consideration and to the
    activity which he is undertaking to qualify as a "Competent Person" as defined
    in the 2004 edition of the "Australasian Code for Reporting of Exploration
    Results, Mineral Resources and Ore Reserves" and is a "Qualified Person" as
    defined in "National Instrument 43-101 of the Canadian Securities
    Administrators". Mr Johnson consents to the inclusion in the report of the
    matters based on his information in the form and context in which it appears.


    Refer to the updated Technical Report which was filed in May 2009 for further
    discussion of the extent to which the estimate of mineral resources/reserves may
    be materially affected by any known environmental, permitting, legal, title,
    taxation, socio-political, marketing or other relevant issue.

    This information is provided by RNS
    The company news service from the London Stock Exchange
    END

    MSCGLGDBCXBBGGB

    (END) Dow Jones Newswires
    11-01-10 0700GMT
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