2013-03-18 10:42:56 -

PG Alluvial Mining PLC (PG5) , a gold mining and exploration development
organization, with operations located in Mali, West Africa's third most abundant
mining territory, announced today its production expectations for 2013.
Anticipation is running high with a substantial increase in yields forecast as
production gets fully underway at Bagoe River, Mali.

London, United Kingdom.  18th March 2013.


PG5 anticipates production levels to break through the 4300 troy ounce barrier
this year, now that production is under-way at Bagoe River, one of the company's
concessions acquired earlier in  2011-2012. Bagoe River, Mali has proven to be
substantially rich in gold deposits and is set to account for approximately 60%
of PG5's overall output this year. Processing volumes are in the region of 15
tonnes per hour (of material) using the company's latest   technologically
advanced , environmentally friendly processing equipment. Volumes across all of
PG5's operations are set to continue to increase up until the end of 2014 with
projections running to 1,000 troy ounces monthly production rate. The gears are
steadily shifting towards a concentrated effort in expansion and increasing of
production to satisfy investors and stakeholders.

Talking about PG5's production expectations for 2013, company founder and CEO
Jacky Pluton commented " We are now at a pivotal time in the company's young
history having successfully transitioned what we have affectionately termed, the
"test years". We are confident to do safe and profitable business in Mali
despite large scale gold mining being a relatively young industry and
considerably underexploited, we are poised for growth " said Pluton. "The last
'test' years saw the company focus largely on small scale river dredging across
its portfolio in preparation for a planned increase in production output for
this year. This is definitely a strategic move on our part, which has enabled
the company to fully explore and more importantly, test, it's operational
logistics in readiness for this bold expansion. We are ready to take our
production levels to another level this year" said Pluton.

Since its in inception in 2011, PG5 has been steadfast in making a number of key
acquisitions, strengthening its governmental relations and commencing small
scale river dredging with some remarkable success.

Commenting further Pluton added " We have guaranteed the future of our mining
effort with more than 10 concessions in various stages of exploration and have
further concessions planned for later on this year. We are delighted that
production is now fully under-way at Bagoe River which means that we are on
course to reach projected targets during 2013 and 2014. At the time of our
company's listing on the GXG Stock Exchange in London, we estimated projected
reserves of over 800,000 ounces of gold worth an estimated USD 1.4 billion in
today's market. We are now actively engaged with some of the best sustainable
technology available and will make further announcements on progress in the
coming months that we are confident will impress stakeholders" added Pluton.


Ends =


About PG Alluvial Mining PLC (PG5)

PG Alluvial Mining PLC (PG5) is a fully diversified resource organization
focusing on alluvial mining of gold, and is located in the third most abundant
gold producing areas of West Africa, Mali. Since it's inception in 2011 PG5 has
spent considerable time, resources and capital investigating, testing and
carefully putting into place the required infrastructure for a profitable gold
mining operation. Founded by Jacky Pluton, the company has offices located in
Mali, Dubai and London. PG5 Alluvial Mining PLC (PG5) is an established UK
incorporated gold mining company.  PG5 has secured its future in mining with
more than 12 concessions for gold mining operations in key strategic locations
throughout Mali. It is fully operational concentrating first on small scale
river dredging during the initial years which has enabled the company to
explore, address and refine critical issues relating to its operational
logistics and production infrastructure. PG5 has built substantial government
relationships during that time. During the test years PG5 has successfully
extracted and exported over 28KG of gold at an average yield 2g/ton. The company
is shifting it's gears into production from development with a substantial
number of further investments in infrastructure and state of the art technology
and as a result anticipates significant increase in production. PG5 is fully
licensed to perform all aspects of alluvial and surface mining, exploration,
mine development, production,purchase, transportation and exportation of
precious metals. PG5 is focused to become a highly profitable mining operation
adding value to all stakeholders. PG5 follows responsible and sustainable mining
practices and environmentally friendly gravimetric extraction processes and is
dedicated to further advancing its corporate social responsibility across all of
its operations.


For further information contact:

April Hobbs Public Relations Manager
MLDS Public Relations Management LLC
Concord Tower Suite 16. 22(nd) Floor
Media City, Dubai UAE
april@mlds.co
Telephone : 9714 4364216
Fax: +9714 4470317
Mobile : +97150 4378921

PG5: 
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Source: PG Alluvial Mining PLC via Thomson Reuters ONE
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