China Gold International Resources Co. Ltd. (TSX: T.CGG, Stock Forum) has tabled results of an updated pre-feasibility study for a phase two expansion of its Jiama copper-polymetallic mine in Tibet.
The NI 43-101-compliant study was completed by Minarco-MineConsult (MMC), part of the Runge Ltd. Group of Companies, in conjunction with independent consulting engineers and management, the company said in a press release.
“With a potential increase in the processing capacity from 6,000 to 40,000 tonnes per day, along with a longer mine life of close to 31 years, we are very pleased with the future outlook of the operation," said China Gold Chief Executive Officer Dr. Xin Song.
Jiama is a large scale polymetallic deposit located about 60 kilometres east of Lhasa City along the Sichuan-Tibet Hwy., within the Gangdise Copper Metallogeny Belt in Central Tibet, China.
The Phase two expansion will include the addition of four open pits and one underground mine.
. PUT Maoling Gold Project in the Liaoning Province in CGG NAME!. CNG pls! Mundoro Maoling Gold Project through its 5% interest in Mundoro Mining Inc. ..its better to put in CGG name asap! Mr. Zhaoxue Sun is Executive Chairman of the Board of China Gold International Resources Corp. Ltd. Mr. Sun serves as President of China National Gold, the He serves as a director of Mundoro Mining Inc!...make it happen!