• Gold production to increase by ~95% in 2014 to 260,000 ounces per annum from the current +133,000 ounces per annum;
  • Open pit reserves: 213 million tonnes averaging 0.59 g/t gold totalling 4.08 million ounces of gold at 0.28 g/t cutoff gold grade;
  • Measured and Indicated Resources: 262 million tonnes, averaging 0.60 g/t gold totalling 5.05 million ounces of gold at 0.28 g/t cutoff gold grade;
  • Ore production to increase from 30,000 tpd to 60,000 tpd by August 2013 (~20 million tonnes per annum thereafter;
    Management will hold a global conference call from Hong Kong on March 27, 2013 at 7
    a.m. (Hong Kong time) or March 26, 2013 at 4:00 p.m. (Paci
    fic Time). During the call the
    YearEnd 2012 results and performance will be discussed and the question and ans
    werperiod will be held.
    CHINAGOLDINTL (02099.HK)'s subsidiary affirms gold ore reserves of 148.5 tons in Inner MongoliaExperts believe it is still possible to discover further reserves deeper into the mine and at the surrounding area. (02099.HK) has conducted research upon an ultra-large gold mine in Inner Mongolia. The gold ore reserves at that gold mine amounted to 148.5 tons, Xinhua News Agency reported.