Jiama also 5 million oz gold and 250 million oz of silver......... we are looking for this news in first quarter 2013 ! in the news!
MALAYSIA - CNMC to start mass gold production
The Minerals and Geoscience Department of Kelantan has approved the development of CNMC Goldmine Holdings’ heap leach gold recovery scheme at its flagship Sokor Gold Project in northern Malaysia.
The green light means CNMC can begin an immediate trial run of its heap leach production operations using a stockpile of about 90,000 tonnes of gold-bearing ore. The heap leach scheme is the largest of CNMC’s three gold recovery sites at Sokor, with a monthly throughout capacity of 100,000 tonnes.
The company’s chief executive officer Chris Lim says, “This approval and the inauguration of our first mass gold recovery operation at Sokor marks another significant milestone in CNMC’s development. We have already identified the ore body from which gold will be recovered for this heap leach operation and look towards ramping up our gold production
The Sokor gold field project’s first gold pour was achieved in July 2010. The 10sqkm site hosts four identified gold deposits - Manson’s lode vein, New Discovery vein, Sg Ketubong target and Rixen target. Sokor gold field. ... of indicated gold and another 1.89 million ounces of inferred gold
In June, CNMC announced its gold reserves rose by 20 per cent to 82,000 ounces.
Another interesting miner is Singapore-listed CNMC Goldmine Holdings Ltd which has the rights to the 2,370 acres Sokor gold field. CNMC reckons that this gold field is the most prospective but undeveloped hard rock gold mining area in Malaysia.
CNMC Goldmine Holdings Ltd which has the rights to the 2,370 acres Sokor gold field. CNMC reckons that this gold field is the most prospective but undeveloped hard rock gold mining area in Malaysia.
In June, CNMC announced its gold reserves rose by 20% to 82,000 ounces.
CNMC is founded by one Lin Xiang Xiong, a Chinese national who is the chief advisor for China International Trade to the Kelantan state government.
For its six months ended June, the company recorded a net profit of US$482,646