Centerra Gold’s Mount Milligan PFS Outlines Mine Life to 2045, Delivering Growth with a Fully Funded, Disciplined $186 Million Growth Capital Plan

TORONTO, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) is pleased to announce the results of a Pre-Feasibility Study (“PFS”) for its Mount Milligan mine (“Mount Milligan”) in British Columbia, confirming a life of mine (“LOM”) extension of approximately 10 years, to 2045. The extension is driven by disciplined future investments, including increasing process plant capacity in 2029 and constructing a second tailings storage facility (“TSF”) in the first half of the 2030s. These initiatives reinforce Mount Milligan as a long-term, low-cost contributor to Centerra’s production profile and cash flow generation in a top tier mining jurisdiction.

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