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La Mancha Announces Record Gold Production of 94,570 Ounces in 2009

Posted by AGORACOM at 4:00 PM on Monday, January 25th, 2010

La Mancha Resources Inc. announced that its consolidated gold production for 2009 reached a record 94,570 ounces, compared to 71,550 ounces of gold for 2008, in line with its production guidance. This 32% increase is due to the steady production ramp-up at the Australian Frog’s Leg mine, which more than compensated for lower African production.

HIGHLIGHTS

– Record gold production of 94,570 ounces in 2009

– Gold production target of up to 140,000 ounces for 2010

– Average cash costs expected to be US$539 per ounce of gold

– New Australian White Foil mine set to start operations in March
2010

– Frog’s Leg mine to contribute up to 70,000 ounces of gold net to La Mancha in 2010, 41% more than in 2009

La Mancha is an AGORACOM Client.

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