Citigold Corporation Limited reported earnings results for the year ended June 30, 2009. For the year, the company reported LBIT of AUD 1.6 million, return on equity of negative 0.7% and return on assets of negative 0.6% compared to LBIT of AUD 2.4 million, return on equity of negative 1.3% and return on assets of negative 1.1% for the same period a year ago.

Citigold Corporation Limited announced the growth achieved for the quarter ended September 30, 2009 in mine operations at the Charters Towers Gold Project. For the quarter the company reported gold production up 41% on previous quarter to 2,609 ounces average per ounce revenue was AUD 1,149 per gold ounce.

Citigold Corporation Limited reported audited consolidated and company earnings results for the year ended June 30, 2009. For the year, the consolidated sales revenue was AUD 13,142,964 against AUD 12,156,873 a year ago. Loss before income tax was AUD 2,522,287 against AUD 3,167,424 a year ago. Loss after tax from operations was AUD 1,607,418 against AUD 2,371,703 a year ago. Loss attributable to members of the parent entity was AUD 1,607,385 or 0.22 cents basic and diluted per share against AUD 2,371,670 or 0.36 cents basic and diluted per share a year ago. Net cash flow from operating activities was AUD 2,647,110 against net cash used in operating activities of AUD 1,172,165 a year ago. For the year, the consolidated loss before income tax was AUD 4,662,170 against AUD 4,788,799 a year ago. Loss after tax from operations was AUD 3,209,765 against AUD 3,613,028 a year ago. Loss attributable to members of the parent entity was AUD 3,209,765 against AUD 3,613,028 a year ago. Net cash used in operating activities was AUD 2,822,031 against AUD 2,931,862 a year ago.