Centre has agreed to provide research and development services to advance the ore
processing technology of the CSH Mine and Jiama Mine for a total of Rmb5 million.China Gold International Resources (02099) said
its 96.5%-owned cooperative joint venture company Inner Mongolia Pacific Mining has
entered into the a geological exploration design agreement with Jinsheng Mining, a
wholly-owned subsidiary of ultimate controlling shareholder China National Gold Group.
Jinsheng Mining has agreed to prepare the next stage geological exploration design with
respect to the Haoyaoerhudong region of the Chang Shan Hao (CSH) mine for a service fee of
Rmb60,000.5 million oz of gold and 250 million oz of silver coming ..CSH 59,145 m exploration program concluded on schedule in 2011 Based on the drilling results, the Company is planning to expand the CSH operation.Results have confirmed the continuity of gold mineralization and the tendency
of grade increase to depth..