Scotgold Resources Limited provide an update on mine production and processing performance at the Cononish Gold and Silver Project in Scotland, ('Cononish'). Mining: high grade ore zones accessed far quicker than anticipated. As previously stated, Scotgold's dual focus is to further enhance safe production through consistency and stability of mine and process plant operations in parallel with the opening of multiple faces of ore in the underground mine itself. During the month, the successful roll-out of this strategy has enabled the Company to optimise the mine design allowing access to higher grade ore zones far quicker than anticipated. Mining in the latter part of June was accessing ore which peaked at 40 grammes per tonne. Mining in this general zone will continue for 2 months and expected to achieve a blended grade average above 10 grammes per tonne. Mining activity continued uninterrupted throughout June, increasing the volume of ore stored on the stockpile. The haulage DUX truck repairs conducted last month in combination with regular maintenance has enabled expected utilisation of mining equipment to be achieved.