Jiama/Preliminary feasibility study for the Jiama Mine has been completed. Jiama's processing capacity will grow nearly 7 times from 6,000 tonnes per day ("tpd") in 2012 to 40,000 tpd The Company - 2013 outlook

  • Expected production of 145,000 ounces of gold from the CSH Mine in 2013.
     
  • Expected production of 26.5 million pounds of copper from the Jiama Mine in 2013.
     
  • At CSH, the Company is building a new 30,000 tpd stand-alone crushing, heap leaching and ADR (Absorption, Desorption and Refining) plant system in addition to the existing 30,000 tpd facility. Expansion construction is expected to be completedin the fourth quarter of 2013, at which time the first ore is to be placed on the leach pad in the fourth quarter of 2013.
     
  • The Company expects to complete the Jiama Mine's Phase II Independent Feasibility Study and to release an updated NI43-101 compliant report in the second quarter  
  • Expected production of 145,000 ounces of gold from the CSH Mine in 2013.
     
  • Expected production of 26.5 million pounds of copper from the Jiama Mine in 2013.
     
  • At CSH, the Company is building a new 30,000 tpd stand-alone crushing, heap leaching and ADR (Absorption, Desorption and Refining) plant system in addition to the existing 30,000 tpd facility. Expansion construction is expected to be completedin the fourth quarter of 2013, at which time the first ore is to be placed on the leach pad in the fourth quarter of 2013.
     
  • The Company expects to complete the Jiama Mine's Phase II Independent Feasibility Study and to release an updated NI43-101 compliant report in the second quarter The Company plans to drill approximately 30,000 meters at the Jiama Mine during 2013.(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.
     CGG goal should be 200 tons of Gold at jiama going 30,000 meters down!andPUT Maoling Gold Project in the Liaoning Province in CGG NAME!.and CNG shares would not be for-sale if they did that on the deal! ..CNG OWNS 39% OF CGG!