CitiGold Corporation’s Quarterly Report December 2009 January 29, 2010

Citigold Corporation Limited (ASX:CTO, FSE:CHP) reports progress for the Quarter ended 31 December 2009 in mine operations at the Charters Towers Gold Project.

The highlights for the Quarter include:

• Gold production up 110% on previous Quarter to 5,563 ounces
• Highest quarterly and half yearly production
• Average per ounce revenue was A$1,225
• Average cash cost A$481 per ounce
• Planning underway to reactivate mining on City reefs

Click here to view the full announcement.

For further information, please contact:

Mark Lynch
Managing Director/CEO
Telephone +61 7 3834 0000

Matthew Martin
Company Secretary
Telephone +61 7 3834 0000

Media:
Luke Dean
Fortbridge
Telephone +61 9331 0655
Mobile: +61 414 535 433