Surgold was established in 2004 as an entity of Newmont Mining Corporation and is headquartered in Paramaribo, Suriname. The Surgold Merian Project is located approximately 60 km south of Moengo in a largely undeveloped part of the country with the nearest permanent settlement, Langa Tabiki, approximately 17 km east from the Project site. Strong support from host communities and the government of Suriname strengthen Surgold’s ability to deliver safe, profitable production with significant upside potential and opportunity for employees, host communities and shareholders. The construction phase of the Merian project has commenced in August 2014, and the mining and milling operations is scheduled to start in late 2016.