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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

Comment by zeropointenergyon Dec 05, 2024 2:59am
207 Views
Post# 36346497

RE:RE:RE:RE:RE:CGG-REPORTING-TOMORROW

RE:RE:RE:RE:RE:CGG-REPORTING-TOMORROWChina has uncovered a massive gold reserve worth $83 billion in Hunan province, containing over 1,000 tonnes of gold hidden in 40 veins more than 2,000 meters underground. The discovery, made possible by advanced 3D geological modeling, represents about 3.5% of the world's known gold reserves. This find could help China bridge its significant production-consumption gap, as the country currently produces 268 tonnes but consumes 741 tonnes of gold. A leverage buyout with CCG  at $25 take out  sp at CGG  yes make it happen and its then a nice move then to have then a dividend payout to 2080 on both mines and would be cool to see! on both mines to make it happen!
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