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March 27, 2019TSX: CGwww.centerragold.com
Öksüt Gold ProjectPhotographic Construction Update 8
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Öksüt: Funded High Margin Gold Production
Mine Type Open Pit, Heap Leach
Avg. LOM Annual Production 110koz Au
Avg. LOM AISC(1) (US$/oz) $490
Reserve Mine Life 8 years
Development Capex (US$MM) $221
LOM Sustaining Capital(1) (US$MM) $10
P&P Reserves(2)(Moz) 1.3
Au grade (g/t)(2) 1.4
Life of Mine Strip Ratio (w:o) 2:1
First Gold Pour (3) Q1-2020
2015 Feasibility Highlights
EIA approval received in November 2015
Forestry Permit & GSM License received July 2016
Pastureland Permit received January 2018
Investment Incentive Certificate received February 2018
Construction commenced late-March 2018
Bought back Stratex and Teck royalties
US$150MM low-cost financing in-place
Admin AreaCatalyst Schedule
Öksüt Gold Project
(1) Non-GAAP measure see “Non-GAAP Measures” in Centerra’s MD&A and news release of February 22, 2019.(2) Refer to February 22, 2019 news release and Technical Report on Öksüt Gold Project dated September 3, 2015.(3) Forward-looking information refer to news release of February 22, 2019.March 2019 2
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General Mine Site Layout
March 2019 3
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Admin Office Area Overview
March 2019 4
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Haul Road and Keltepe Open Pit Location
March 2019 5
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Primary Crusher Steel Work
March 2019 6
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Crushing Area ‐ Crushers in Place
March 2019 7
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Hydraulic Rock Breaker Onsite
March 2019 8
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Stacker Conveyor Installation
March 2019 9
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ADR Plant Construction
March 2019 10
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ADR Plant Construction
March 2019 11
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ADR Plant ‐ Tanks/Regen Plant
March 2019 12
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ADR Plant – Carbon Tanks
March 2019 13
Carbon Regen Plant
Carbon Fines Tank
Quench Tank
Carbon Attrition
Tank
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Barren Ellution Tank Installed
March 2019 14
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Electro Winning / Filter Press Installed
March 2019 15
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Vibrating Carbon Screen Onsite
16March 2019
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Electric Sub‐Station Construction
March 2019 17
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TSX: CGwww.centerragold.com