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Announced the completion of the Haile Optimisation Study where results demonstrate enhanced value through ...

Announced the completion of the Haile Optimisation Study where results demonstrate enhanced value through upgraded mineral reserves, increased annual gold production, longer mine life and robust economics. Highlights included: Increased Proven and Probable gold reserves by over 70% from 2.02 Moz to 3.46 Moz. Announced a maiden reserve on the Horseshoe deposit of 0.44 Moz. Revised mine plan that includes larger open pit operations for a 16-year mine life and an underground operation at Horseshoe for a six-year mine life. OceanaGold Corporation