4 March 2014
Vancouver, British Columbia, March 3, 2014 – Elgin Mining Inc. (“Elgin Mining” or the “Company”) (TSX:ELG and ELG.WT) released today its gold production and operating outlook for 2014. The Company expects to see a significant year-over-year improvement in the operating and cost performance of its Björkdal mine with gold production consistent with the previous year. At current gold prices above US$1,300 per ounce, the Company expects AISC* to be below $1100/oz boosting its cash and working capital, and reducing its current modest long-term debt, in 2014.