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China Gold International Resources Ord Shs T.CGG

Alternate Symbol(s):  JINFF

China Gold International Resources Corp. Ltd. is a Canada-based gold and base metal mining company. The Company is principally engaged in the acquisition, exploration, development and mining of mineral resources in the People’s Republic of China (the PRC). It operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The CSH gold mine is located in Inner Mongolia of China, approximately 210 kilometers (km) northwest of the city of Baotou, which is engaged in producing gold dore bars with silver as a by-product. The Jiama project is a copper gold polymetallic mine in China. The Jiama project is located within the Gangdise Copper Metallogeny Belt in Central Tibet, China and is approximately 60 kilometers east of Lhasa City along the Sichuan-Tibet Highway. The Jiama project is a polymetallic deposit consisting of copper, molybdenum, gold, silver, lead and zinc.


TSX:CGG - Post by User

Post by AGandAUon Jul 25, 2016 11:00am
93 Views
Post# 25081397

Generating cashflow from the former Mirado mine

Generating cashflow from the former Mirado mine

The process of milling the stockpiles of the former Mirado mine will start shortly , producing a minimum of 3000 ounces of gold with a sales value of over 5 M $.

 

Orefinders Resources ( ORX.V ) will use the proceeds for exploration and drilling in order to expand the existing gold resource at their flagship Kirkland Lake project.

Mirado contains a NI43-101 compliant inferred resource of 440 K ounces of high grade and near surface gold.

 

Long ORX.V

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