Valetta, 3 July - 2026.
Gold Road International plc ("Gold Road") reports on its unaudited production
figures for June 2026.
Gold Road processed 13,678 tons of feed in total, split between 3,140 tons of
feed from the Gold Road Mine (ore) and 10,538 tons of residues from legacy
mining operations at the Tom Reed Mine (tailings). The average recovered grade
was about 0.87 gram per ton. 11,914 grams of gold were recovered in the mill
(383.07 ounces). 14,615 grams of gold were poured as doré (469.90 ounces).
Please see the attached document for further details and production graphics.
The effort through May and June to rehabilitate the main grinding unit of the
processing plant, the ball mill, is about to be completed. This will increase
grinding capacity, plant throughput and the gold recovery rate. A second filter
press line is also about to be installed.
Half a dozen sections of the Gold Road Mine are currently being mined (4201, 500
East, Y-Stope and 970) or are expected to be ready for mining shortly.
Shrink stoping is applied in some sections, whereby the miners extract ore from
the bottom up in horizontal slices, blasting the rock overhead. About 80% of the
broken ore is left in the stope as a temporary platform to drill the next slice,
before being extracted when the whole section (stope) is completed. This is an
effective mining method, although it affects the timing and variability of gold
production.
Going forward, Gold Road intends to provide an operational update, including
unaudited production figures, on a monthly basis.
For more information, please contact:
CEO Nils P. Skaset
Telephone: +47 951 88 154
Email: nils.skaset@goldroadplc.com
About Gold Road
Gold Road International p.l.c. is a gold mining company with operations based in
Arizona, USA. The Gold Road group operates the Gold Road Project, a fully
equipped gold mining and processing operation, having restarted the mill and
mine in late 2025. The company's overarching strategic objective is to establish
the Gold Road Project as a capital-disciplined, cash-flow-generating gold mining
operation, targeting an annualised production rate of 8,000 - 10,000 ounces of
gold with further upside.
ised production rate of 8\,000 - 10\,000 ounces of\
gold with further upside.\