Great news - NEW JINSHAN presentationCSH Reserves & Resources:
?Measured and Indicated of 3.9 million oz, Inferred of 1.3 million oz
?An updated ITR will be released by year-end 2009 to present new reserve & resource
Deposit is open to the west and at depth
?Current mine plan incorporates the NE and SW zones
?Expansion plan would include further work on the SW zone
?Step out drilling to focus in the southwest and the fold nose area
?4 km mineralization strike to be explored further
Jiama Project
?An MOU has been signed and a definite purchase agreement and ITR are being drafted
?Jiama project is a large scale poly-metallic deposit consisting of copper, molybdenum, gold and silver and is currently in the development stage
?Production capacity of 6,000 tonnes per day, operation will begin shortly
?NI 43-101 Technical Report on the property scheduled to be completed in 4Q09
Corporate Strategy and Growth
?Only Overseas Listing Vehicle of China National Gold
?Growth through:
?Continue to expand and advance the development of existing assets
?2009 production will reach of 85,530 oz
?2010E gold production will reach or even exceed 120,000 oz
?Acquire potential large scale gold and non-ferrous metal projects world wide with support of controlling shareholder, including assets injection from China National Gold
?Enhance the unique image in North American market, tap Asian capital market to get low cost financing and new investor base
?Committed to stability, growth, strong operations, and low costs to achieve maximum shareholder value
?This is the “New Jinshan”