China Gold International Resources Reports 2025 First Quarter Results

(TheNewswire)

VANCOUVER – TheNewswire- May 15, 202 5 - China Gold International Resources Corp. Ltd. (TSX: CGG;HKEX: 2099) (“ China Gold International Resources ” or the “ Company ”) reports financial and operationalresults for the three months ended March 31, 202 5 (“ Q1 ”,“ first quarter ” or “ firstquarter of 202 5 ”). This news release should be read in conjunction withthe Company’s Financial Statements, Notes to the FinancialStatements and Management’s Discussion and Analysis (“ MD&A ”).

For detailed information, please read the Company’sFinancial Statements and MD&A for the quarter ended March 31,202 5 which are availableon SEDAR’s website at www.sedar.com, The Stock Exchange of Hong Kong Limited’s website at www.hkex.com.hk, the Company'swebsite at www.chinagoldintl.com, or call the Company at +1-604-609-0598 and email to info@chinagoldintl.com.

202 5 FIRST QUARTER FINANCIAL, PRODUCTION AND OPERATION HIGHLIGHTS

• Revenue increased by351% to US$ 273.1 million from US$60.5 million forthe same period in 202

• Mine operating earnings ofUS$117.7 million , increased by US$129.2 million from mineoperating loss of US$11.5million for the same period in 202

• Net profit of US$86. million , increased by US$112. millionfrom net loss of US$26.0 million for the sameperiod in 202

• Cash flow from operation of US$ 143.5 million, increased from cash used in operation of US$7.2 million for the same period in 202

• Total gold production increasedby 116% to 4 4,797 ounces from 20,714 ounces for the same period in202

• Total copper production of 37.3 million pounds (approximately 16,911 tonnes), increased from 4.6 millionpounds (approximately 2,093 tonnes) for the same period in202

The Company’s Chairman and CEO, Mr. Chenguang Hou , stated, “In Q1 2025,we delivered the strongest first-quarter performance in the Company'shistory, building on the operational improvements achieved since 2024and supported by favorable market conditions. The solid start in thefirst quarter of 2025 laid a strong foundation for the Company'sfull-year operations, and the record result reflects our strategy'seffectiveness, our team's dedication, and our continued commitment todelivering long-term value to shareholders.”

About China Gold InternationalResources

China Gold International Resources is a gold and basemetal mining company incorporated in BC, Canada and operates twomines, the CSH Gold Minein Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Minein Tibet, China. The Company’s objective is to build shareholdervalue through growing production at its current mining operations,expanding its resource base, and acquiring and developing new projectsinternationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The StockExchange 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 Note About 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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