Thursday, 7th April 2005 (3085 views)

Central China Goldfields has revealed initial soil sampling has uncovered two new gold zones at its the Xiang Shua Jia licence area in Sichuan
Province, China.

The areas are up to 200 metres by 500 metres and 200 metres by 300 metres in size.

Further soil sampling will now take place to ascertain the extent of the gold findings.

The Xiang Shua Jia area is one of seven exploration licences in the prospective west Qinling fold belt currently being transferred to the company's Chinese joint venture company.

New zones are situated around six kilometres along the northwest of the company's Songpanguo deposit, where an initial 204,000 ounces of gold has been identified.

The zones are also near to the firm's Shiu Niu Jia deposit, where an initial 143,000 ounces of gold have been identified.

 

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