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Additional Information

Market:	ASX TSX
Sector:	Gold Mining
EPIC:	CGX
Latest Price:	1.70 (4.62% )
52-week High:	2.95
52-week Low:	1.58
Market Cap:	574.13M

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CGA Mining Full CGA Mining profile here

CGA Mining (ASX:CGX, TSX:CGA) is a producing gold mining company, with its principal asset being the +200,000 ounce per annum Masbate Gold Mine in the Philippines.

Masbate is the largest operating gold project in the Philippines, with construction on the process plant successfully completed in February 2009, less than 2 years after acquisition of the project.

Record gold throughput in November for CGA Mining at Masbate project

Monday, November 23, 2009

Dual-listed gold producer CGA Mining (ASX: CGX, TSX: CGA) has achieved a record daily throughput at the Masbate Gold Project in the Philippines.

A record daily throughput was achieved for 17 November 2009 with 17,123t’s milled (106 microns). This equates to a feed rate of 713dt/h.

Design for the plant was 4mtpa (500t/h or 12,000t per day) at a grind size of 150 microns.

CGA produced 29,751 oz of gold and 15,898 oz of silver from Masbate during the September quarter from an ore blend consisting largely of softer oxide and transitional ore types.

The mine is currently ramping up to full production. Steady state operations are forecast to produce over 200,000 ounces per annum.

The total indicated resource base at Masbate is 4.55M ounces, with a total inferred resource base of 3.22M ounces and a probable reserve of 3.03M ounces of gold.

CGA is listed on the Toronto Stock Exchange and Australian Securities Exchange.

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