Trans-Siberian Gold plc reported unaudited consolidated earnings and operating results for the six months ended June 30, 2017. For the period, the company reported revenue was $18,804,000 against $23,570,000 a year ago. Profit from operations was $1,294,000 against $6,431,000 a year ago. Profit before tax was $543,000 against $5,359,000 a year ago. Profit for the period attributable to owners of the parent company was $29,000 or 0.03 cents per basic and diluted share against $3,198,000 or 2.91 cents per basic and diluted share a year ago. Net cash flows generated from operating activities was $4,879,000 against $8,180,000 a year ago. Capital expenditure in the period amounted to $8.3 million relating to extensive underground development at lower horizons and completion of the second map of tailings storage with designed capacity until 2022. Debt was $16 million as of June 30, 2017 against $19.7 million as of June 30, 2016.

For the period, the company reported ore extracted of 93,393 tonnes against 87,348 tonnes a year ago. Ore processed was 90,177 tonnes against 80,646 tonnes a year ago. Refined gold production was 15,007 oz. against 18,680 oz. a year ago.

The company expects that the current high level of average mill feed grade (8-10 g/t) will remain until the end of the year. The company's target to achieve 2017 refined gold production in the range of 32,000 oz. - 36,000 oz. remains unchanged.