RE:Jiama /Drilling/DEEP! Mine life extension is a Must!
China Gold Int'l earns $81.7-million (U.S.) in Q2 /NICE READ!/An exploration report on zones along boundary and at depth was reviewed by the Evaluation Centre for Mineral Resources and Mineral Reserves of the Ministry of Natural Resources (PRC) in November 2021 and registered in the Ministry of Natural Resources (PRC) in January 2022. The data was submitted to the Geology Archives Centre for Inner Mongolia Autonomous Region in May 2022, obtaining the Certificate of Submission, signifying an end of this stage of exploration and providing a basis for development studies of mineral resources at depth. The Company is currently working on an updated NI 43-101 Technical Report which is expected to be disclosed shortly! By the end of Q2 2022, a total of 5,350.4 m drilling was completed, with borehole logs of 4,271.64 m and samples of 1,380 pieces. In addition, the other exploration program with eight holes for 10,222 m concentrated on the boundary of the Jiama deposit was planned early this year, awaiting the approval from the Natural Resources Bureau of Mozhugonka County following the submission of the application materials for the land leasing. Third, to delineate one to two new target areas, a prospecting program at Bayi meadow was initiated in Q1 2022, with geological investigation of 37.31 km2 , soil and rock survey of 26 km2 respectively, and 12 drill holes for 5,168 m, with the leasing approval of land underway