China Gold International Resources Ord Shs T.CGG

RE:RE:CGG-REPORTING-TOMORROW

[zeropointenergy]

Mining company China Gold International (2099.HK) reported it returned to the black in the third quarter, recording a profit of $27.9 million Bamboo Works-Huatailong Mining Development Co., Ltd. has planned two geological exploration programs in the Jiama mining area including a detailed exploration on the copper-lead project around the current mining license and a prospecting exploration on the Bayi Ranch copper project. The planned work programs include 20 drill holes with 15,370 drilling meters, 37.31 square kilometers of geological prospecting, 26 square kilometers of soil sampling, and 26 square kilometers of rock sampling. The total estimated budget is RMB34.47 million, approximately US$4.9 million. As of September 30, 2024, the construction of accessing roads and drilling pads for the copper-lead project surrounding the existing mining license in the Jiama Mining Area has been completed, and the drilling works have been commenced; The geological mapping of 30.7 square kilometers soil sampling of 17 square kilometers and 18.3 square kilometers of rock sampling have been completed in the Bayi Ranch prospecting program-Ag Moz 245.85 Jiama Mine resources by category as of December 31, 2023 under NI 43-101:Probable 338.43Ag Moz