INTERVIEW-UPDATE 1-White Tiger Gold sees deal boosting growth39 minutes ago by Thomson Reuters

* White Tiger has cash to bring Century's Lamaque online

* Sees 500,000-600,000 ounce/year joint ouput in 5 years

TORONTO, May 11 (Reuters) - White Tiger Gold's <WTG.TO> proposed takeover of Century Mining <CMM.V> will create a half-million ounce per year gold producer within five years, the company's chairman said on Wednesday.

Maxim Finskiy told Reuters that if the takeover bid is successful, White Tiger has the funds to bring Century's Lamaque mine in Quebec back online and will look to double planned production at the project to around 250,000 ounces a year.

The companies expect a shareholder vote on the takeover this summer.

White Tiger, which owns five gold projects in Russia, also plans to boost its production there to around 300,000 ounces a year within five years from 18,000 ounces in 2011, he said.

"The main two points of the growth that we see are Canada and Russia," Finskiy said, noting that the combined company will be like a barbell -- with a low-risk, steady cash flow asset in Canada balancing higher-risk, high-return projects in Russia.

White Tiger Gold and Century Mining agreed in March to a C$855 million all-stock deal to combine the companies under the White Tiger banner. (Reporting by Julie Gordon and Pav Jordan; editing by Peter Galloway)