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.

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