Teranga Gold Reports Record First Quarter Production, One of the Best Quarters in Company History Monday, April 11, 2016 Teranga Gold Reports Record First Quarter Production, One of the Best Quarters in Company History 06:00 EDT Monday, April 11, 2016 TORONTO, ONTARIO--(Marketwired - April 11, 2016) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) today announced its production results for the quarter ended March 31, 2016. Teranga's gold production for the first quarter of 2016 was 70,727 ounces. Record high mill throughput, together with the benefit of high-grade material deferred from last year, underpinned the quarter's results. "We are pleased that 2016 is off to a strong start with record first quarter production and one of our best quarters ever," stated Richard Young, President & Chief Executive Officer of Teranga. "The solid start to the year puts us on track to meeting our full year production guidance of 200,000 to 215,000 ounces." First Quarter Results Conference Call & Webcast Details Teranga also announced that it will release its first quarter 2016 financial and operating results on Friday, April 29, 2016 at approximately 6:00 a.m. (ET). The release will be followed by a conference call and audio webcast later that morning at 8:30 a.m. (ET). Richard Young, President and Chief Executive Officer, and Navin Dyal, Vice President and Chief Financial Officer, will review Teranga's results and discuss the quarter's highlights. Those wishing to listen can access the live conference call and audio webcast as follows: Date & Time: Friday April 29, 2016 at 8:30 a.m. ET Telephone: Toronto 647-788-4919 Toll-free 1-877-291-4570 International +1-647-788-4919 Please allow 10 minutes to be connected to the conference call. Webcast: The webcast can be accessed directly at www.gowebcasting.com/7469 and on Teranga's website at www.terangagold.com. Replay: The conference call replay will be available for two weeks after the call by dialing 416-621-4642 or toll-free at 1-800-585-8367 and entering the conference ID 87704954. Note: The slide presentation will be available for download at www.terangagold.com for simultaneous viewing during the call. About Teranga Gold Teranga is a Canadian-based gold company listed on the Toronto Stock Exchange (TSX:TGZ) and Australian Securities Exchange (ASX:TGZ). Teranga is principally engaged in the production, sale and exploration of gold in Senegal, West Africa. Teranga's