Tuesday, November 3, 2009
Sino Gold has been active in China since 1996 and is China’s biggest foreign gold producer.
The Company is developing the Jinfeng gold mine in Guizhou Province, southern China, which has Mineral Resources contains 4.0 million ounces and Ore Reserves containing 2.9 million ounces.
Once developed, Jinfeng will be the next largest gold mine in China with production of 180,000 ounces per annum. A proposal to accelerate production from the underground mine as part of the Phase 2 expansion is at present being progressed.
The White Mountain project in Jilin Province, northeast China, has good potential to become Sino Gold's after that mine. Drilling during 2006 is aimed at increasing the Mineral Resource containing 436,000 ounces and succeeding the project to feasibility stage.
Sino Gold is a growth gold company that is dynamically pursuing a discovery and acquisition strategy in China. With a "first mover" advantage, it holds a strong spirited position in China.
The Company is developing the Jinfeng gold mine in Guizhou Province, southern China, which has Mineral Resources contains 4.0 million ounces and Ore Reserves containing 2.9 million ounces.
Once developed, Jinfeng will be the next largest gold mine in China with production of 180,000 ounces per annum. A proposal to accelerate production from the underground mine as part of the Phase 2 expansion is at present being progressed.
Labels: Sino Gold
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