{"id":433179,"date":"2026-10-26T21:05:00","date_gmt":"2026-10-26T21:05:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/pru-september-2026-quarter-report\/"},"modified":"2026-10-26T21:05:00","modified_gmt":"2026-10-26T21:05:00","slug":"pru-september-2026-quarter-report","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/pru-september-2026-quarter-report\/","title":{"rendered":"PRU September 2026 Quarter Report"},"content":{"rendered":"<p><\/p>\n<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p>Perth, Western Australia, Oct.  27, 2026  (GLOBE NEWSWIRE) &#8212; \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p align=\"center\"><b>SEPTEMBER 2026 QUARTER REPORT<\/b><\/p>\n<p align=\"center\"><b>Perseus delivers another strong quarter, ending with cash &amp; bullion of US$900 million<\/b><\/p>\n<p align=\"justify\"><b>Perth, Western Australia\/ October 27, 2026\/ <\/b>Perseus Mining Limited (\u201cPerseus\u201d or the \u201cCompany\u201d) (TSX &amp; ASX: PRU) reports on its activities for the three months\u2019 period ended on September 30, 2026 (the \u201cQuarter\u201d). Below is a summary of the release. The full report is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JeArN0u3w5XEodlpHQvLV9lyinUQHkLp0ULnjyrotzfzwdJbVJyFXjVU-K0cAaF-M6kTIAxEf9u6Mpgs4jAbbsDiFsxbz_JzbikTbVjNAyY=\" rel=\"nofollow\" target=\"_blank\" title=\"www.perseusmining.com\">www.perseusmining.com<\/a> <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hBaZrMfJuN_fM_DYX8axVPOu-YITwWoCVp7VhOeSBzhpT88jeH40zBR4lC6g2Dhu_yCkbIuFIriFyeJ2-iK2WmqBcTvNeuXZ_KyO172HOQo=\" rel=\"nofollow\" target=\"_blank\" title=\"www.sedarplus.ca\">www.sedarplus.ca<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RivjfgMBooE0GIKGTHcaqlKq_oQFK-fNcZfcEGoNjp1GFT2z-D_yF0EFVYOfFNR9TXVsbhh-_rST-SXOWVNXcA==\" rel=\"nofollow\" target=\"_blank\" title=\"www.asx.com.au\">www.asx.com.au<\/a><\/p>\n<p align=\"justify\"><b>Overview <\/b><\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:6pt; text-align:justify;\"><b>Group TRIFR 1.01 with Nyanzaga Gold Project (NGP) achieving 10.9 million worked hours LTI free<\/b><\/li>\n<li style=\"margin-top:1pt; margin-bottom:3pt; text-align:justify;\"><b>Q1 FY27 Group production exceeds plan with 92,551 ounces of gold at an All-In Site Costs (AISC) of US$2,035 per ounce<\/b><\/li>\n<li style=\"margin-top:1pt; margin-bottom:3pt; text-align:justify;\"><b>Average cash margin of US$1,846\/oz of gold produced, delivering notional operating cashflow of US$171 million <\/b><\/li>\n<li style=\"margin-bottom:3pt; text-align:justify;\"><b>Yaour\u00e9 CMA Underground achieves commercial production<\/b><\/li>\n<li style=\"margin-bottom:3pt; text-align:justify;\"><b>NGP reached 88.4% overall project progress, and development remains on track for first production by January 2027<\/b><\/li>\n<li style=\"margin-bottom:3pt;\"><b>Cash and bullion of US$900 million, plus liquid listed securities valued at US$338 million<\/b><\/li>\n<\/ul>\n<p align=\"justify\"><b>FY27 Outlook<\/b><\/p>\n<p><b>With production plans exceeded for Q1 FY27, Perseus remains on track for production and AISC guidance for June 2027 Financial Year (FY27)<\/b> of 420,000 &#8211; 480,000 ounces at US$1,835 \u2013 2,070 per ounce.<\/p>\n<p align=\"justify\">Key operating indicators and highlights<b> for the September 2026 quarter (Q1 FY27) include<\/b>:<\/p>\n<p align=\"left\"><b><i>Table 1: Group Quarterly Performance<\/i><\/b><\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>PERFORMANCE INDICATOR\u00a0<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>UNIT\u00a0<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>DECEMBER 2025<\/b><br \/><b>QUARTER<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>MARCH 2026\u00a0<\/b><br \/><b>QUARTER\u00a0<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>JUNE 2026\u00a0<\/b><br \/><b>QUARTER\u00a0<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>SEPTEMBER 2026\u00a0<\/b><br \/><b>QUARTER<\/b><sup>3<\/sup><b>\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Gold recovered<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">88,888<sup>1<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">107,144<sup>1<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">109,013<sup>1<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>92,551<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Production Cost<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$\/ounce\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,362<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,238<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,340<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>1,472<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">All-In Site Cost (AISC)<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$\/ounce\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,800<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,748<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,941<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>2,035<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">All in Sustaining Cost<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$\/ounce<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,897<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,604<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,848<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>1,855<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Gold sales<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">86,607<sup>1<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">96,260<sup>1<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">114,567<sup>1<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>99,661<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Average sales price<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$\/ounce\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">3,437<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">4,143<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">4,086<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>3,881<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Notional Cashflow<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$ million\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">145<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">252<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">216<sup>2<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>171<\/b><\/td>\n<\/tr>\n<\/table>\n<ol style=\"list-style-type:decimal;\">\n<li style=\"margin-top:6pt; text-align:justify;\"><i>Includes the <\/i><i>CMA Underground gold produced and sold for the quarter before commercial production was achieved. Commercial production for CMA Underground was achieved on 1 July 2026.<\/i>\u00a0\u00a0<\/li>\n<li style=\"margin-top:2pt; text-align:justify;\"><i>Excludes CMA Underground production cost, gold produced, AISC, Average sales price and Notional Cashflow as the related cash costs are capitalised until commercial production was achieved<\/i><i>. <\/i><\/li>\n<li style=\"margin-top:2pt; text-align:justify;\"><i>All metrics include CMA Underground following commercial production achieved on 1 July 2026.<\/i><\/li>\n<\/ol>\n<p><b><i>Perseus\u2019s Managing Director and CEO Craig Jones said:<\/i><\/b><\/p>\n<p align=\"justify\"><i>&#8220;The September Quarter was a solid start to FY27, with all three operations performing and on track for our full year guidance. The CMA Underground has achieved commercial production and our Nyanzaga project is progressing to completion with an outstanding safety record, remaining on budget and on schedule. Our balance sheet remains strong and debt-free, to fund our growth objectives while continuing to deliver meaningful returns to shareholders through our buy-back and the upcoming Special Distribution. I want to thank our employees and contractors for their continued commitment across our sites.<\/i><\/p>\n<p align=\"justify\"><i>Looking ahead, we expect production to build through the second half of the year as Yaour\u00e9\u2019s CMA continues to increase production and Edikan accesses higher grades in the Nkosuo pit along with Nyanzaga commencing operation, positioning Perseus for a transformational year\u201d.<\/i><\/p>\n<p align=\"justify\"><b>Conference Call <\/b>Perseus will host investor webinar and conference call to discuss its September 2026 Quarterly Results, at 9.00am AEDT today (27 October 2026). Register for the webinar at: <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yJFQa3rWAnRvW81kzpTU6T6tN-_28Aj6xH9Wc6fCKMNQJ3zuUn29BjwGKINsA1zEovrCH3B3rSK4deNqqil9sWznwdq7SCC0YFqbRlEvpnbRk_qJI4G9qAZjbal8ovBvLdQ5eshNlmDlVYQuE9Sk9NjfDfNKeM_Af0V7SGqIsiQVxD3MmtSOqjnRLuBN4AguenuyK5_bAOnfQZsDi85gFA==\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/us02web.zoom.us\/webinar\/register\/WN_5JPqtLq5QVOV1wqjG1Mn1g<\/a><\/p>\n<p>A recording of the conference call will be made available via Perseus\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JeArN0u3w5XEodlpHQvLV9lyinUQHkLp0ULnjyrotzcSCaaatzB9p1AT7434Cn5bYpn44de9vqTtWMJF-xMPYgWE2nUCjUUM_AlHdtQezDI=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>www.perseusmining.com<\/b><\/a>.<\/p>\n<p>GROUP GOLD PRODUCTION AND COST GUIDANCE<\/p>\n<p>Perseus remains on track to deliver group gold production and AISC for the 2027 financial year as shown in <b><i>Table 6 below<\/i><\/b>.<\/p>\n<p><b><i>Table\u00a06: Production and AISC Guidance<\/i><\/b><\/p>\n<table style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>PARAMETER<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>UNITS<\/b><\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: top ; \"><b>SEPTEMBER 2026\u00a0<\/b><br \/><b>QUARTER (ACTUAL)<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>2027 FINANCIAL YEAR<\/b><br \/><b>FORECAST<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Yaour\u00e9 Gold Mine<\/b><\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Production<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">36,648<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">150,000 \u2013 170,000<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">All-in Site Cost <sup>(1)<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$ per ounce<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">$<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">2,393<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">$1,955 \u2013 $2,205<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Edikan Gold Mine<\/b><\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: top ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Production<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">35,830<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">150,000 \u2013 170,000<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">All-in Site Cost <sup>(1)<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$ per ounce<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">$<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,738<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">$1,700 \u2013 $1,920<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Sissingu\u00e9 Gold Mine<\/b><\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Production<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">20,073<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">65,000 \u2013 85,000<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">All-in Site Cost <sup>(1)<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$ per 0unce<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">$<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">1,913<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">$1,865 \u2013 $2,105<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Nyanzaga Gold Mine<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Production <sup>(2)<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">&#8211;<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">~55,000<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>PERSEUS GROUP<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Production<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Ounces<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>92,551<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>420,000 \u2013 480,000<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">All-in Site Cost <sup>(1)<\/sup><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">US$ per ounce<\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>$<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>2,035<\/b><\/td>\n<td style=\"border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; vertical-align: middle ; \"><b>$1,835 \u2013 $2,070<\/b><\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><i>Notes<\/i><\/p>\n<ol style=\"list-style-type:decimal;\">\n<li style=\"margin-top:2pt; text-align:justify;\"><i>Cost guidance is based on a gold price assumption of $4,000 per ounce and Government royalty rates of 8% in C\u00f4te d&#8217;Ivoire and 11% (applicable at $4,000 per ounce) in Ghana. Group AISC and has only been calculated based on the three operating mines.<\/i><\/li>\n<li style=\"margin-top:2pt; text-align:justify;\"><i>Nyanzaga production guidance is based on FID as released in April 2025 &#8211; Refer ASX Release &#8211; Perseus mining proceeds with development of the Nyanzaga Gold Project. Further guidance for Nyanzaga will be provided in Q3 FY27. All operating costs for Nyanzaga are capitalised until Commercial Production planned for Q4 FY27.<\/i><\/li>\n<\/ol>\n<p><b>DECEMBER 2026 QUARTER EVENTS &amp; ANNOUNCEMENTS<\/b><\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:3pt; margin-bottom:3pt; text-align:justify;\">27 October \u2013 September 2026 Quarterly Report &amp; Webinar<\/li>\n<li style=\"margin-top:3pt; margin-bottom:3pt; text-align:justify;\">5 November \u2013 Macquarie WA Forum<\/li>\n<li style=\"margin-top:3pt; margin-bottom:3pt; text-align:justify;\">9 November \u2013 UBS Australasia conference<\/li>\n<li style=\"margin-top:3pt; margin-bottom:3pt; text-align:justify;\">30 November \u2013 Annual General Meeting<\/li>\n<\/ul>\n<p><b>Competent Person Statement <\/b><\/p>\n<p align=\"justify\"><i>All production targets referred to in this release are underpinned by estimated Ore Reserves which have been prepared by Competent Persons in accordance with the requirements of the JORC Code.<\/i><\/p>\n<p align=\"justify\"><i>The information in this report that relates to the Mineral Resources and Ore Reserve was updated by the Company in a market announcement \u201cPerseus Mining updates Mineral Resources and Ore Reserves\u201d released on 26 August 2026. The Company confirms that all material assumptions underpinning those estimates and the production targets, or the forecast financial information derived therefrom, in that market release continue to apply and have not materially changed. <\/i><\/p>\n<p align=\"justify\"><i>The Company confirms that the material assumptions underpinning the estimates of Ore Reserves described in \u201cTechnical Report \u2014 Edikan Gold Mine, Ghana\u201d dated 6 April 2022, \u201cTechnical Report \u2014 Yaour\u00e9 Gold Project, C\u00f4te d\u2019Ivoire\u201d dated 18 December 2023, \u201cTechnical Report \u2014 Sissingu\u00e9 Gold Project, C\u00f4te d\u2019Ivoire\u201d dated 29 May 2015, and \u201cTechnical Report \u2014 Nyanzaga Gold Project, Tanzania\u201d dated 10 June 2025 continue to apply.<\/i><\/p>\n<p><b>Caution Regarding Forward Looking Information: <\/b><\/p>\n<p align=\"justify\"><i>This report contains forward-looking information which is based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Assumptions have been made by the Company regarding, among other things: the price of gold, continuing commercial production at the Yaour\u00e9 Gold Mine, the Edikan Gold Mine and the Sissingu\u00e9 Gold Mine without any major disruption, development of a mine at Nyanzaga, the receipt of required governmental approvals, the accuracy of capital and operating cost estimates, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used by the Company. Although management believes that the assumptions made by the Company and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any anticipated future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the actual market price of gold, the actual results of current exploration, the actual results of future exploration, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company&#8217;s publicly filed documents. Readers should not place undue reliance on forward-looking information. Perseus does not undertake to update any forward-looking information, except in accordance with applicable securities laws.<\/i><\/p>\n<p align=\"center\"><b><i>This market announcement was authorised for release by Craig Jones, Managing Director and CEO<\/i><\/b><\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; border-top: solid black 1pt ; vertical-align: top ; \"><b>SX\/TSX CODE: PRU<\/b><br \/><b>CAPITAL STRUCTURE:<\/b><br \/>Ordinary shares: 1,326,111,555<br \/>Performance rights: 7,286,920<br \/><b>REGISTERED OFFICE:<\/b><br \/>Level 2<br \/>437 Roberts Road<br \/>Subiaco WA 6008<br \/>Telephone: +61 8 6144 1700<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=flSZfKQrwZwGBJE5Bi4XqTBidgKIyjeb4OxIOMSvHjrJZrU9-85L4pyI7v3Kwu8S3NBSZ4OM3WpVf2FpMSk01_H_0izNjp2moHFO_lch_cwl6BTw8HDbSl010Jdb5wUg\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b><u>www.perseusmining.com<\/u><\/b><\/a><\/td>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; border-top: solid black 1pt ; vertical-align: top ; \"><b>DIRECTORS:<\/b><br \/>Rick Menell<br \/>Non-Executive Chairman<br \/>Craig Jones<br \/>Managing Director &amp; CEO <br \/>Amber Banfield<br \/>Non-Executive Director<br \/>Elissa Cornelius<br \/>Non-Executive Director<br \/>Dan Lougher<br \/>Non-Executive Director<br \/>John McGloin<br \/>Non-Executive Director<br \/>Tommy McKeith<br \/>Non-Executive Director<br \/>Jim Rutherford<br \/>Non-Executive Director<\/td>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; border-top: solid black 1pt ; vertical-align: top ; \"><b>CONTACTS:<\/b><br \/><b>Craig Jones<\/b><br \/><i>Managing Director &amp; CEO<\/i><br \/><u>craig.jones@perseusmining.com <\/u><br \/><b>Stephen Forman<\/b><br \/><i>Investor Relations<\/i><br \/>+61 484 036 681<br \/><u>stephen.forman@perseusmining.com<\/u><br \/><b>Nathan Ryan<\/b><br \/><i>Media<\/i><br \/>+61 420 582 887<br \/><a href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/10\/26\/3388607\/0\/en\/mailto:nathan.ryan@nwrcommunications.com.au\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>nathan.ryan@nwrcommunications.com.au<\/u><\/a><\/td>\n<\/tr>\n<\/table>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n        <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=EyetnHRJnHX2SLiT7lKJuaWAtC7IVGkWEcZHokV-XmBc_UFFJ3x6v7UurXXIC8vshP0q-zUjZqn-xNMkxYD_h883FpzeNxvqKX2t3VTrMpiTDhuW1UbCPz0xL09z_2C_XlYaLOWDT72fgTB3jGMeWlMEyeJ-QjyW7cD7qPv-i8DSnkBh7T9lHYUu9VysU3KB\" title=\"TSX PRU Release Sept Q1 FY27\" rel=\"nofollow\">TSX PRU Release Sept Q1 FY27<\/a>\n      <\/li>\n<\/ul>\n<p><img decoding=\"async\" alt=\"\" src=\"no-referrer-when-downgrade\"\/>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Perth, Western Australia, Oct. 27, 2026 (GLOBE NEWSWIRE) &#8212; \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SEPTEMBER 2026 QUARTER REPORT Perseus delivers another strong quarter, ending with cash &amp; bullion of US$900 million Perth, Western Australia\/ October 27, 2026\/ Perseus Mining Limited (\u201cPerseus\u201d or the \u201cCompany\u201d) (TSX &amp; ASX: PRU) reports on its activities for the three months\u2019 period ended on [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":433180,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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