Perseus Mining Limited reported production results of Edikan Gold Mine, Ghana for the quarter ended December 31, 2012. For the quarter, the company reported gold production of 51,090oz. Total ore and waste movements (4,056,246bcm) was 9% above target for the quarter; Head grade (1.39 g/t) was 6% below target and total plant recovery (84.2%) was 4% below target; Average hourly mill throughput rate of 811 dry tonnes per hour equates to annual throughput of 6.4Mt at 90% plant availability and represents an increase of 6.6% from the previous quarter; SAG mill utilisation rate of 76% was the same as the previous quarter and largely reflects the impact of unexpected availability issues in the primary crusher in November and December 2012.

Exploration - Ghana and C the d'Ivoire- 35,356m of drilling completed including 10,792m in Ghana and 24,564m in C the d'Ivoire; Significant drill intercepts from multiple prospects including new discoveries at Pokukrom near Edikan in Ghana and at Mbengu and Napi in C the d'Ivoire.