Trans-Siberian Gold plc announced production and revenue results for the first quarter ended 31 March 2020. For the quarter, the company reported mine development was 1,541 meter compared to 2,020 meter a year ago. Ore extracted of 34,009 tonnes compared to of 34,839 tonnes a year ago. Ore processed of 44,221 tonnes compared to of 44,746 tonnes a year ago. Average gold grade of 5.2 g/t compared to 8.8 g/t a year ago. Average silver grade of 19.2 g/t compared to 27.7 g/t a year ago. Gold recovery rate of 94.5% compared to 95.4% a year ago. Silver recovery rate of 78.6% compared to 81.0% a year ago. Gold in dore of 6,859 oz compared to 12,345 oz a year ago. Silver in dore of 21,691 oz compared to 32,158 oz a year ago. Gold refined of 6,035 oz compared to 11,857 oz a year ago and silver refined of 22,205 oz compared to 30,874 oz a year ago.

The company reiterates full year 2020 gold production guidance of between 38,000 and 42,000 ounces, as announced in January.

For the quarter, the company reported total revenues of $9.3 million compared to $16.2 million a year ago.