From Toronto, Alacer Gold Corp reports that after “initiating our contingency plans, the company is able to confirm that all personnel have been accounted for and are safe. All activities at the Çöpler mine are operating as normal and there were no local disruptions. Alacer will continue to closely monitor the situation over the coming days.”

Çöpler mine is located in east-central Turkey in the Erzincan Province, approximately 700 miles southeast from Istanbul, Turkey and 340 miles east from Ankara, Turkey’s capital city.

Alacer is a leading intermediate gold mining company, with an 80% interest in the worldclass Çöpler gold mine in Turkey operated by Anagold and the remaining 20% owned by Lidya Mining.

Alacer is actively pursuing initiatives to enhance value beyond the current mine plan:

• Çöpler Oxide Production Optimization – expansion of the existing heap leach pad to 58 Mt continues to advance. All required land use permits for the Heap Leach Pad Phase 4 expansion have been received. The corporation continues to evaluate opportunities to optimize and extend oxide production beyond the current reserves, including a new heap leach pad site to the west of the Çöpler mine
• Cöpler Sulphide Project – this will deliver long-term growth with robust financial returns and adds over 20 years of production at Çöpler. The Sulphide Project will bring Çöpler’s remaining life-of-mine gold production to 4 Moz at All-in Sustaining Costs averaging $645 per ounce. The Environmental Impact Assessment and all required land use permits for construction have been approved.