Golden Star Resources Ghana

Golden Star Resources
Golden Star has a 21 year history of producing gold in Ghana. The Company expects to produce 165,000-175,000 ounces of gold at a cash operating cost of $1,000-$1,075 per ounce in 2021. Ghana is a stable jurisdiction with a century-long history of mining and good existing infrastructure.

Golden Star is an established gold mining company with two producing mines on the prolific Ashanti Gold Belt in Ghana. In 2018, Golden Star won the PDAC Award for Environmental and Social Responsibility, reflecting our commitment to responsible mining. Our guidance for 2020 is 195,000-210,000 ounces of gold at an All-In Sustaining Cost of $1,080-1,180 per ounce. This is Golden Star's official LinkedIn page - any other pages claiming to be associated with Golden Star are not legitimate. If you are unsure, please contact [email protected]

Corporate Governance
Golden Star is an organization committed to acting and operating with integrity.

The Company’s Board of Directors has adopted Corporate Governance guidelines this, and are consistent with our investors best interests. Our Corporate Governance policies include directives for our Board of Directors, provide oversight of the Company's accounting and financial reporting processes, and defines our corporate code of ethics.

Policies
The Company has created several policies that govern the Corporation to ensure that all stakeholders can be confident in the credibility of our business conduct.

Products and Services

Golden Star is a mid-tier gold mining company over a quarter-century in age and total historical production of over two million ounces of gold. The Company has two operating mines situated along the prolific Ashanti Gold Belt in Ghana, West Africa. Production in 2009 totaled 409,902 ounces of gold from these two mines.

The Bogoso/Prestea Gold Mine

Bogoso/Prestea consists of a gold mining and processing operation located along the Ashanti Trend in western Ghana, approximately 35 kilometers northwest of the town of Tarkwa. Mining areas at Bogoso and Prestea are linked to the Bogoso processing plants by paved and gravel haul-roads located on its properties. There are two ore processing facilities at Bogoso/Prestea, and open pit mining methods are employed. In addition, there are numerous ancillary support facilities, including warehouses, maintenance shops, roadways, administrative offices, an employee residential complex, power and water supply systems, a medical clinic, and a tailings disposal facility. During the year ended December 31, 2009, its Bogoso/Prestea gold sales totaled 186,054. The Mampon deposit is located approximately 35 kilometers north of the Bogoso processing plant.

Mampon is an undeveloped gold deposit with, as of December 31, 2009, an estimated 1.2 million tons of Probable Mineral Reserves at an average gold grade of 5.24 grams per ton. The Pampe deposit is located approximately 19 kilometers west of the Bogoso processing plants. As of December 31, 2009 it had estimated a Probable Mineral Reserve of 1.5 million tons at an average gold grade of 3.53 grams per ton.

The Wassa Gold Mine

The Company owns and operates the Wassa gold mine located approximately 35 kilometers east of Bogoso/Prestea in southwest Ghana. The property includes a series of open-pits, a nominal three million ton per annum carbon-in-leach (CIL) processing plant with its crushing and grinding circuits, a fleet of mining equipment, ancillary facilities including an administration building, a warehouse, a maintenance shop, a stand-by power generating facility and an employee residential complex. Wassa also owns and operates the Hwini-Butre and Benso mines located 80 and 50 kilometers, respectively, south of Wassa. The Benso and Hwini-Butre mines include multiple open pits at both locations as well as mining equipment, equipment repair shops, warehouses and other ancillary support equipment and buildings.

Accra Office

Tel.: (0302) 777282, 779040, 779041
Fax: (0302) 777700
Email: [email protected]

Website : www.gsr.com

Golden Star Wassa Ltd.

Akyempim, via Tarkwa
Private Mail Bag, Akyempim
Tel.: 0277 740 850
Fax: (3123) 20295
Email: [email protected]