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Monday, 30th April 2007 (3006 views)

Asian Dragon Group has provided the gold industry with an update on its gold mines which contain multi-million ounce gold and silver properties.

The first property owned by the firm is the Jinjishan gold mine in the Henan province of the country. This project measures 28.3 square kilometres and the company owns a 70 per cent interest in it.

There are 16 known gold veins on the property with the inferred mineral resource standing at 1,271,920 tonnes with a grade of 9.66 grams of gold per tonne.

There are three promising zones on the site which are called the Huashiyan zone, the Zhuyuanmao zone and the Liushugou zone.

Secondly the Shizhaigou gold mine in the same province is also a 70 per cent interest joint venture. There are 17 heavily mineralised veins on site.

Other sites owned by the same company include Loning gold mine, Lingbao Jinshan gold mine plus Tiepling silver and lead mine property.

 

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