Golden Star Resources Ltd.

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April 18, 2018 at 1:50 PM (CEST)|Park Hyatt, Zürich

Sam Coetzer

President & CEO

Mr. Coetzer has over 30 years of international mining experience and provides Harte Gold with strong leadership skills and an extensive knowledge of underground mining operations. Most recently, Sam was President and Chief Executive Officer of Golden Star Resources Ltd. During Mr. Coetzer’s tenure as CEO, he successfully:
• Transitioned the company from open pit operations to an underground-only producer
• Attracted institutional capital including a large strategic investment
• Grew the capital markets profile and increased overall share trading volume
Prior to Golden Star, Sam held numerous senior management positions for global mining companies, including Senior Vice President, South American Operations for Kinross Gold, COO of Xstrata Nickel, COO of Xstrata Coal South Africa and Managing Director for Placer Dome Inc. in Africa. Mr. Coetzer holds a degree in mining engineering from the University of Pretoria, South Africa.


SAFE HARBOUR: Some statements contained in this presentation are forward-looking statements or forward-looking information (collectively, “forward-looking statements”) within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Such statements include comments regarding: production, cash operating cost, all-in sustaining cost and capital expenditure guidance for 2018; the ability to extend production at Prestea Open Pits until end of H1 2018; the ability to focus on higher margin underground ore; the timing for completing the processing of ore from Prestea Open Pits; the ability to expand production at Wassa Underground and Prestea Underground; the ability to use excess shaft/decline capacity and processing capacity at Wassa Underground and Prestea Underground; the targeted 2018 mining rate at Wassa Underground and Prestea Underground; the ability to conduct additional drilling at Wassa Underground and Prestea Underground and the timing for completion thereof; the impact on grade as mining operations move further into B Shoot; the potential to add additional ounces to the short term mine plan at Wassa Underground and Prestea Underground; the potential drilling targets in 2018; planned stoping of the B Shoot at Wassa Underground and at West Reef at Prestea Underground; the ability to achieve 2018 production guidance; the ability to expand Mineral Reserves and Mineral Resources, extend the life of mine and supply additional ore to processing plants at Prestea Underground and Wassa Underground; the timing for releasing initial drilling results from the 2018 drilling program; and the dollar amount of capital expenditures to be incurred in 2018. Factors that could cause actual results to differ materially include timing of and unexpected events at the Prestea and/or the Wassa processing plants; variations in ore grade, tonnes mined, crushed or milled; delay or failure to receive board or government approvals and permits; construction delays; the availability and cost of electrical power; timing and availability of external financing on acceptable terms or at all; technical, permitting, mining or processing issues, including difficulties in establishing the infrastructure for Wassa Underground or Prestea Underground, inconsistent power supplies, plant and/or equipment failures and an inability to obtain supplies and materials on reasonable terms (including pricing) or at all; changes in U.S. and Canadian securities markets; heavy rainfall and flooding of underground mines; and fluctuations in gold price and input costs and general economic conditions. There can be no assurance that future developments affecting the Company will be those anticipated by management. Please refer to the discussion of these and other factors in our Annual Information Form for the year ended December 31, 2016 filed on SEDAR at The forecasts contained in this presentation constitute management's current estimates, as of the date of this presentation, with respect to the matters covered thereby. We expect that these estimates will change as new information is received and that actual results will vary from these estimates, possibly by material amounts. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event. Investors and others should not assume that any forecasts in this presentation represent management's estimate as of any date other than the date of this presentation.


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