Trans Siberian Gold : Mining Licence Extension Approved

Trans-Siberian Gold plc

('TSG' or the 'Company')

Mining Licence Extension Approved

Trans-Siberian Gold plc (TSG.LN) announces that the Russian State Subsoil Agency ('Rosendra') has approved the Company's application to extend the existing mining licence at the Asacha Gold for a further six year period.

The extended mining licence will expire on 31 December 2024

Production guidance for 2018 of 36,000oz-40,000oz, remains unchanged.

Dmitry Khilov, Chief Executive Officer of TSG, commented:

'This is a significant milestone for TSG. This is another successful extension of the mining licence at the Asacha Gold Mine. We have a new leadership team in Kamchatka and look forward to them achieving further operational efficiencies and improvements.'

Contacts: TSG
Stewart Dickson	[phone]
Cantor Fitzgerald Europe	[phone]
David Porter

About TSG

TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia.

Additional information is available from the Company's website:www.trans-siberiangold.com

Market Abuse Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.