Trans-Siberian Gold plc announced production results and revenue results for the first quarter ended March 31, 2018. Production results for the first quarter; gold production was 11.8% increase in gold production of 8,100oz against 7,246oz a year ago. Silver in dore was 15,662oz against 10,148oz a year ago. Gold refined was 11,343oz against 7,644oz a year ago. Silver refined was 21,127oz against 12,356oz a year ago.

Revenue results for the first quarter, the company reported revenue generation of $15.6 million compared to $9.6 million a year ago.

For the 2018; The company anticipated that second quarter 2018 production levels will reflect the continuation of high water levels whilst remedial activities take place. Gold production in second half of 2018 is expected to improve as the effects of the installation of additional pumping equipment is felt. Accordingly, the company's total gold production guidance range of 36,000-40,000oz for 2018 remains unchanged. The upper end of the range represents a year-on-year increase of approximately 9% in total gold production.