Exploration

As of June 30, 2012, the Company successfully completed 10,750 meters of its planned 44,900 meter drilling program for

2012...

Exploration

The Company continues drilling at its CSH Mine for the purpose of exploring for higher grade mineralization down depth

and mineralization in between the two open pits, where previous drilling was limited due to very broken ground. As at

June 30, 2012, the Company has successfully completed approximately 4,600 meters of its planned 10,200 meter drilling

for the year.

..Results release coming up!   Sun Zhaoxue said China Gold will accelerate development of the second phase of the Jiama project, the company will have an annual production capacity of 63,000 tons of copper valued at CNY4 billion. Plans also aims to make Jiama one of the top non-ferrous metal production sites in the world..

JIAMA!/Chinese geologists discovered 102 types of mineral deposits in over 3000 mine beds with an estimated value of about 600 billion Yuan, (USD 100 billion) in Tibet.

 

China Gold panning for overseas options

Development arm of mainland industry leader is pursuing mine purchases on several continents in a bid to ramp up output of precious metals

Jiama ...the existing stand-alone quartz-diorite porphyry gold mineralized body and gold-rich Skarn type mineralized body It will focus on four targets in the 3km long three-in-one stacked system comprising Hornfels (top), Skarn, and Porphyry (base) mineralised bodies The aim of this drilling is to define a reasonable size gold or gold rich deposit. The fourth target is to explore the porphyry mineralised body in the center of the mineralised zone by drilling to 2000m depth. A magneto-telluric geophysical survey may be conducted to define the extent of the deep porphyry system and guide selection of the deep drill holes. “The key objectives of this aggressive drilling plan are to further define the mineralised zoneThe high grade gold mineralization section in the hole ZK4504 has shown the potential to find a standalone gold deposit in the Jiama deposit area. It will focus on four targets in the 3km long three-in-one stacked system comprising Hornfels (top), Skarn, and Porphyry (base) mineralized bodies. The first target is in-fill drilling to complete 100x100m and 200x100m spacing in the central part of the Skarn mineralized body. The aim of this drilling is to upgrade the current inferred and indicated resources to the indicated and measured category. The second target is further drilling work surrounding the existing stand-alone quartz-diorite porphyry gold mineralized body and gold-rich Skarn type mineralized body It will focus on four targets in the 3km long three-in-one stacked system comprising Hornfels (top), Skarn, and Porphyry (base) mineralised bodies The aim of this drilling is to define a reasonable size gold or gold rich deposit. The fourth target is to explore the porphyry mineralised body in the center of the mineralised zone by drilling to 2000m depth. A magneto-telluric geophysical survey may be conducted to define the extent of the deep porphyry system and guide selection of the deep drill holes  CSH/After discussions with management, we believe that the new
estimate could potentially double the existing measured and indicated resource to
around
10 million ounces of gold

Plans call for Jiama mine in Tibet to produce 63,000 tons annually!