CGG:CC - China Gold International Resources Provides 2025 Annual Production Guidance and Reports its Jiama Mine's Operation Unaffected by the Earthquake
(TheNewswire)
VA NCOU VE R, January 12 ,202 5 – TheNewswire - C h i n a G o l d I n t e rn a ti o na l R es o u r c es C o rp . L t d . ( T S X : C G G; H KE X : 2099 ) (“ C h i n a G o ld I n t e r na t i ona l R es o u r c e s ” o rt h e “ C o m p a n y ” ) provides 2025 a nnual p roduction g uidance and r eports its JiamaCopper-Gold Polymetallic Mine ’s (the “ Jiama Mine ”) o p erationunaffected by the earthquake in Tibet Autonomous Region.
2025 AnnualProduction Guidance
The Jiama Mine:
The copper production will be approximately between 139million pounds (63,000 tonnes) and 148 million pounds (67,000tonnes);
The gold production will be approximately between69,124 ounces (2.15 tonnes) and 73,947 ounces (2.3 tonnes);
The CSH Mine:
The total gold production is estimated between 77,162ounces (2.4 tonnes) and 83,592 (2.6 tonnes).
The Company reports that the Jiama Mine's operation wasunaffected by the earthquake that occurred in Dingri County, ShigatseCity, Tibet Autonomous Region (approximately 500 kilometers from theJiama Mine in Maizhokunggar County) on January 7, 2025. As aprecautionary measure, safety protocols were immediately implementedacross all the mining areas in the Jiama Mine.
The Company’s Chairman and CEO, Mr. Chenguang Hou,said, “ In 2024, the C ompany resumed the production at the Jiama Mine andachieved profitability in the third quarter. In 2025, whilemaintaining s teady operation , the C ompanywill implement the established development plan for the Jiama Mine andaccelerate the development of underground resourcesat the CSH Mine , strivingto deliver better performance and higher returns to itsshareholders. ”
2024 Final Year-EndResults
The Company expects to report its audited 202 4 Financial Statements, Notes to theFinancial Statements and Management’s Discussion and Analysis by theend of March 202 5 . Inconnection with the release, the management will hold its annual roadshow event s to discuss the Company’s year-endresults and performance.
About China GoldInternational Resources
China Gold International Resources is a gold and basemetal mining company incorporated in BC, Canada and operates twomines, the CSH Gold Mine in Inner Mongolia,China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. TheCompany’s objective is to build shareholder value through growingproduction at its current mining operations, expanding its resourcebase, and acquiring and developing new projects internationally. TheCompany is listed on the Toronto Stock Exchange (TSX: CGG) and theMain Board of The Stock Exchange of Hong Kong Limited (HKE X : 2099).
For further information on the Company, please refer toSEDAR’s website at www.sedar.com, The Stock Exchange of Hong KongLimited’s website at www.hkex.com.hk, the Company's website atwww.chinagoldintl.com, or call the Company at +1-604-609-0598 andemail to info@chinagoldintl.com.
Cautionary NoteAbout Forward-Looking Statements
Certain information regarding ChinaGold International Resources contained herein may constituteforward-looking statements within the meaning of applicable securitieslaws. Forward-looking statements may include estimates, plans,expectations, opinions, forecasts, projections, guidance or otherstatements that are not statements of fact. Although China GoldInternational Resources believes that the expectations reflected insuch forward-looking statements are reasonable, it can give noassurance that such expectations will prove to have been correct.China Gold International Resources cautions that actual performancewill be affected by a number of factors, most of which are beyond itscontrol, and that future events and results may vary substantiallyfrom what China Gold International Resources currently foresees.Factors that could cause actual results to differ materially fromthose in forward-looking statements include market prices,exploitation and exploration results, continued availability ofcapital and financing and general economic, market or businessconditions. The forward-looking statements are expressly qualified intheir entirety by this cautionary statement. The information containedherein is stated as of the current date and subject to change afterthat date.
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