Perseus Mining Limited reported production and sales results for the second quarter and half year ended December 31, 2017. For the quarter, the company reported gold production of 56,699 Ozs. The strong result for the quarter was driven primarily by improved plant run-time and throughput rate of 10% and 8% respectively, resulting in 19% more ore being processed during the quarter relative to the prior period.

For the full year, the company reported gold production of 208,226 Ozs. The strong result for the quarter was primarily driven by improved plant performance.

For the half year, the company reported gold production of 108,008 Ozs.

For the quarter, the company's gold sales were 53,842 Ozs.

For the half year, the company's gold sales were 103,946 Ozs.

For the half year June 2018, the company's production guidance is 140,000 to 160,000 ounces.

For the year fiscal year 2018, the company expects production guidance of 250,000 to 285,000 ounces.