Centerra Gold Reports Substantial 58% Increase in Gold Reserves and 49% in Copper Reserves

summarizeSummary

Centerra Gold announced a significant increase in its 2025 year-end proven and probable gold and copper mineral reserves, alongside positive exploration updates for its key projects.

check_boxKey Events

• Significant Gold Reserve Growth

  Proven and probable gold mineral reserves increased 58% year-over-year to 5.5 million ounces as of December 31, 2025.

• Substantial Copper Reserve Expansion

  Proven and probable copper mineral reserves increased 49% year-over-year to 1.7 billion pounds as of December 31, 2025.

• Mount Milligan Resource Boost

  Mineral resources at the Mount Milligan mine, inclusive of reserves, grew by approximately 2 million ounces of gold and 500 million pounds of copper.

• Kemess Project Potential Confirmed

  Exploration drilling at the Kemess project indicated continued mineralization, with the recent Preliminary Economic Assessment (PEA) evaluating only 47% of the total indicated and inferred resource tonnes.

auto_awesomeAnalysis

This filing is highly important as Centerra Gold reported a substantial 58% year-over-year increase in proven and probable gold mineral reserves to 5.5 million ounces and a 49% increase in copper mineral reserves to 1.7 billion pounds. This significant expansion of the company's core asset base fundamentally enhances its long-term production potential and intrinsic value. The update also provides positive exploration results from Mount Milligan and Kemess, reinforcing the company's organic growth pipeline and building on recent positive news regarding permits and preliminary economic assessments for these projects. The planned $40-$50 million exploration expenditure for 2026 further indicates a commitment to expanding resources and extending mine life. This news provides a strong positive signal for the company's future operational strength and resource longevity.