Ann: Updated December 2018 Quarterly Activities Report, page-13

16 Dec 2009
STRATEGIC BUSINESS SUMMARY
Citigold Corporation is a gold producer controlling Australia's richest major goldfield at
Charters Towers in North Queensland. The high-grade deposit contains a
gold resource of 10 million ozs (23 Mt @ 14 g/t) with exceptional growth potential.
Gold output targets growing to 300,000 ozs per year with gold production cash
costs under A$350 per oz.

Annual Report 2014
Citigold has the plan to develop the project in stages over a five
year period, subject to adequate funding, building gold production
to over 300,000 ounces per annum

300,000 oz is a mentioned many times over the years.


DYOR My thoughts and ramblings only