Perseus Mining Limited provided an update on ongoing exploration activities conducted at and around its two operating gold mines in Côte d?Ivoire. At the Yaouré Gold Mine, exploration drilling continues to demonstrate the down dip potential of the CMA underground Mineral Resource; and adds further confidence in opportunities to expand the Yaouré open pit Mineral Resource. While targeting the continuation of the CMA structure at depth, drilling has located previously unidentified shallow mineralisation located immediately east of the CMA pit.

This mineralisation has been termed the Zain 1 Prospect. At the Sissingué Gold Mine and Fimbiasso Satellite Pits, ongoing exploration continues to identify extensions to existing mineral deposits and other prospects that have significant potential to extend the life of the Sissingué operation. Highlights: YAOURÉ - CMA UNDERGROUND NORTH EXTENSION - The objective of this program is to infill the existing drilling to a nominal drill pattern of 25 m × 25 m to target an upgrade of the Mineral Resource to higher confidence categories.

A secondary objective is to complete step out drilling to the north to test for extensions to the CMA mineralisation. While the program is ongoing, results to date include: YDD0594: 12m @ 4.58 g/t gold from 325m and 3m @ 6.27 g/t gold from 349m; YDD0608: 14.25m @ 3.95 g/t gold from 566.75m; YRC2359D: 10.4m @ 4.35 g/t gold from 362.6m; YRC2360D: 13.6m @ 4.67 g/t gold from 431.4m; YRC2361D: 17m @ 3.21 g/t gold from 446m; YRC2362D: 12.1m @ 24.50 g/t gold from 480.9m, including 1m @ 255.1 g/t gold from 487m. YAOURÉ OPEN PIT - The program is designed to improve confidence in the Mineral Resource and to test for extensions along strike and down dip.

The program is ongoing with assays to date including: YDD0604: 16m @ 2.08 g/t gold from 171m; YRC2367D: 18m @ 2.57 g/t gold from 109m, including 2m @ 9.54 g/t gold from 124m; YRC2379D: 4.95m @ 6.17 g/t gold from 111.8m, and 12m @ 1.08 g/t gold from 119m, and 18.2m @ 3.32 g/t gold from 134m; YRC2380D: 12m @ 1.98 g/t gold from 159m, and 29m @ 2.47 g/t gold from 174m; YRC2382D: 4m @ 753.46 g/t gold from 130m including 1m @ 3,008.89 g/t gold from 133m, and 15m @ 1.28 g/t gold from 137m; YRC2383D: 16m @ 1.58 g/t gold from 229m. YAOURÉ - ZAIN 1 ? The program is ongoing and is designed to assess near-surface mineralisation identified during the CMA underground north extension drilling.

Assay results have returned significant gold intercepts including: YRC2390: 13m @ 1.52 g/t gold from 10m; YRC2396: 14m @ 2.27 g/t gold from 65m and 5m @ 1.17 g/t gold from 90m; YRC2397: 21m @ 1.13 g/t gold from 49m; YRC2403: 5m @ 3.56 g/t gold from 24m and 3m @ 2.65 g/t gold from 57m; YRC2409: 18m @ 1.91 g/t gold from surface; YRC2411: 7m @ 3.56 g/t gold from 3m. SISSINGUE - FIMBIASSO WEST ? A review of the mineralisation at Fimbiasso has identified potential to increase the Mineral Resource.

A three-phase drilling program was designed to infill and extend the mineralisation and is currently underway. Results to date are encouraging with the primary mineralised zone intersected down dip and along strike. Significant results include: FMRC0040: 6m @ 3.78 g/t gold from 118m; FMRC0047: 9m @ 2.10 g/t gold from 109m; FMRC0061: 5m @ 9.69 g/t gold from 0m; FMRC0063: 9m @ 3.95 g/t gold from 40m; FMRC0064: 11m @ 5.47 g/t gold from 2m; FMRC0071: 6m @ 5.62 g/t gold from 46m; FMRC0072: 11m @ 3.97 g/t gold from 28m; FMRC0088B: 5m @ 3.85 g/t gold from 156m; FMRC0089: 12m @ 2.62 g/t gold from 143m; FMRC0090: 13m @ 2.66 g/t gold from 142m; FMRC0094: 15m @ 2.38 g/t gold from 130m; FMRC0096: 4m @ 4.48 g/t gold from 115m; FMRC0098: 18m @ 4.05 g/t gold from 132m.

SISSINGUÉ ? AIRPORT WEST ? RC drilling was conducted at Airport West and Binkadi to follow up on previous drill results.

Some 3,890m were drilled in 46 RC holes. More significant assays results include: SRC1405: 3m @ 6.51 g/t gold from 38m and 28m @ 1.62 g/t gold from 66m; SRC1407: 12m @ 1.77 g/t gold from 63m; SRC1411: 11m @ 1.83 g/t gold from 35m; SRC1412: 8m @ 13.71 g/t gold from 20m; SRC1413: 2m @ 23.38 g/t gold from 49m and 13m @ 3.83 g/t gold from 52m; SRC1434: 7m @ 3.19 g/t gold from 41m; SRC1442: 5m @ 3.87 g/t gold from 7m and 5m @ 5.85 g/t gold from 39m; SRC1445: 5m @ 3.26 g/t gold from 12m.