(Infocast News)    China Gold International Resources Corp. Ltd. (02099) announced that Inner Mongolia Pacific, a cooperative joint venture company controlled by the company, has entered into an entrustment loan agreement with China National Gold (the ultimate controlling shareholder of the company) and the head office of Agricultural Bank on 18 October 2012 pursuant to which Inner Mongolia Pacific has agreed to provide a loan in the sum of RMB100 million through Agricultural Bank, the entrustee bank, to China National Gold, with a term of six months.

Interest shall be payable at the benchmark lending interest rate announced by the People's Bank of China for equivalent duration on the date of each particular draw down.   Nice Looking forward to CGG 15 million oz of Gold and 250 million oz of SILVER in CGG long awaited Dill results!