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Perseus Mining Completes First Underground Production Blast at CMA Project

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-- Perseus Mining (PRU.TO) has completed the first underground production blast at its CMA Underground project, marking the continuation of the project's ramp up toward steady-state production scheduled for the third quarter of fiscal 2027, the company said Tuesday.

The blast was fired from the Yaoure Gold Mine in Cote d'Ivoire, with excavation of the first production ore commenced immediately.

The CMA Underground mine is both the first mechanized underground mine in Cote d'Ivoire and the first for Perseus.

"The first production blast is a defining moment for Perseus and Cote d'Ivoire, representing the culmination of many months of intensive underground development, drilling and infrastructure installation," said Craig Jones, managing director and chief executive officer of Perseus.

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