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Additional Information

Market:	ASX TSX
Sector:	Gold Mining
EPIC:	CGX
Latest Price:	2.38 (0.00%)
52-week High:	3.35
52-week Low:	1.79
Market Cap:	793.67M

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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.

CGA Mining repays all corporate debt

Monday, March 22, 2010

Gold miner CGA Mining (ASX: CGX, TSX: CGA) has reported it has repaid all corporate debt ahead of schedule.

Repaying the US$25M 12% promissory notes and the US$10M 14% facility from Meridian Securities (UK) Limited and Casten Holdings Limited, together with all accrued interest, by month end, CGA will have repaid US$14.3M of the project finance facility for the Masbate Gold Project, reducing the outstanding balance to US$66M.

CGA is ramping up Masbate to full production. The Masbate project has a total indicated resource base of 4.55M ounces, total inferred resource base of 3.22M ounces and a probable reserve of 3.03M ounces of gold. It is on track to produce over 200,000 ounces per annum.

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