(1) The mineral reserve and resource estimates for the Sabodala-Massawa Project and Wahgnion Gold Operation are both as at December 31, 2019. For more information regarding Sabodala-Massawa’s mineral reserve and resource estimates and related notes, please refer to the press release dated and filed July 27, 2020. For more information regarding Wahgnion’s mineral reserve and resource estimates and related notes, please refer to management’s discussion and analysis for the year ended December 31, 2019 and filed on February 21, 2020. Both filings are available on the Company’s website at www.terangagold.com and on SEDAR at www.sedar.com.
(2) This production target is based on proven and probable minerals reserves for the Sabodala-Massawa Project and the Wahgnion Gold Operation as at December 31, 2019 as disclosed on the Company’s website at www.terangagold.com and on SEDAR at www.sedar.com. The estimated reserves underpinning this production target have been prepared by a competent and qualified person or persons (see Competent and Qualified Persons Statement in Management’s Discussion and Analysis for the three and six months ended June 30, 2020).