July 20 (Reuters) - Resolute Mining Ltd RSG.AX :
* NEW LIFE OF MINE PLAN FOR MAKO GOLD MINE DELIVERED MATERIAL IMPROVEMENTS TO GOLD PRODUCTION & MINE LIFE
* MAKO GOLD MINE LIFE EXTENDED BY TWO ADDITIONAL YEARS OUT TO EARLY 2027
* SEES MAKO GOLD MINE AVERAGE ANNUAL PRODUCTION OF 140,000 OUNCES OVER NEXT FIVE YEARS
* RESOLUTE MINING- UPDATED LOM HAS GENERATED A 39% INCREASE IN TOTAL GOLD PRODUCTION AND A MINE LIFE EXTENSION OF 2 FURTHER YEARS FOR MAKO
* OVER REMAINING 7 YEARS OF MINE LIFE, MAKO TO PRODUCE 900KOZ AT AVERAGE ALL-IN SUSTAINING COST OF US$900/OZ
* NOW EXPECTS TO MINE FURTHER 900,000 OUNCES OF GOLD FROM MAKO UNTIL EARLY 2027 AT EXPECTED AVERAGE AISC OVER THIS PERIOD OF $900/OUNCE
* TARGETING 2020 PRODUCTION OF 160,000OZ AT AISC OF US$800/OZ AT MAKO