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Alacer Corporate
P: 303-292-1299
F: 303-297-0538
9635 Maroon Circle, Suite 300
Englewood, Colorado 80112
www.AlacerGold.com
ALACER GOLD COMMENTS ON RECENT EVENTS IN TURKEY
July 17, 2016, Toronto: Alacer Gold Corp. ("Alacer" or the "Company") [TSX: ASR and ASX: AQG] reports that after initiating our contingency plans, the Company is able to confirm that all personnel have been accounted for and are safe. All activities at the Çöpler Mine are operating as normal and there were no local disruptions. Alacer will continue to closely monitor the situation over the coming days. The Çöpler Mine is located in east-central Turkey in the Erzincan Province, approximately 700 miles southeast from Istanbul, Turkey and 340 miles east from Ankara, Turkey's capital city.
About Alacer
Alacer is a leading intermediate gold mining company, with an 80% interest in the world-class Çöpler Gold Mine in Turkey operated by Anagold and the remaining 20% owned by Lidya Mining. The Company's primary focus is to leverage its cornerstone Çöpler Mine and strong balance sheet to maximize portfolio value, maximize free cash flow, minimize project risk and, therefore, create maximum value for shareholders.
Alacer is actively pursuing initiatives to enhance value beyond the current mine plan:
Detailed information regarding the Çöpler Sulfide Project can be found in the Technical Report dated March 27, 2015 available on SEDAR at www.sedar.com and on the Company's website.
1 Alacer has an 80% controlling interest of the Çöpler Gold Mine.
2 All-in Sustaining Costs is a non-IFRS financial performance measure and has no standardized definitions under IFRS. For further information and detailed reconciliation, please see the "Non-IFRS Measures" section of the MD&A for three months ended March 31, 2016.
Alacer is a Canadian company incorporated in the Yukon Territory with its primary listing on the Toronto Stock Exchange. The Company also has a secondary listing on the Australian Stock Exchange where CDIs trade.
For further information on Alacer Gold Corp., please contact:
Lisa Maestas - Director, Investor Relations at +1-303-292-1299