Golden Point means OceanaGold's Macraes will move into fourth decade

WITH the addition of the Golden Point deposit, OceanaGold will be producing gold from Macraes in New Zealand until late this decade.

Golden Point means OceanaGold's Macraes will move into fourth decade Golden Point means OceanaGold's Macraes will move into fourth decade Golden Point means OceanaGold's Macraes will move into fourth decade Golden Point means OceanaGold's Macraes will move into fourth decade Golden Point means OceanaGold's Macraes will move into fourth decade

Initial Golden Point reserves are estimated at 160,000 ounces, with first production expected next year.

Golden Point contributes the lion share of additional reserves at Macraes of 240,000oz.