MarketWatch / marketwire: Centerra Gold Updates Reserves and Resources Total Gold Reserves 8.1 million Contained Ounces

Centerra Gold Inc. today issued updated estimates for the Company’s reserves and resources based on its successful 2011 exploration program. During 2011, Centerra’s Proven and Probable gold reserves increased 694,000 contained ounces (before accounting for 2011 production) to 8.1 million ounces of contained gold, compared to 8.2 million ounces as of December 31, 2010. This represents an increase of 9% before accounting for 793,000 contained ounces processed at Kumtor and Boroo during 2011. All 2011 year-end reserves were estimated using a gold price of $1,200 per ounce compared to $1,000 per ounce at December 31, 2010. To read the full article, click hereCenterra Gold Updates Reserves and Resources Total Gold Reserves 8.1 million Contained Ounces

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