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To: TobagoJack who wrote (24082)10/14/2007 6:34:26 PM
From: energyplay  Read Replies (1) | Respond to of 217887
 
PLA looks for gold ?

resourceinvestor.com

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In other news, a large-scale gold deposit with proven reserves of 27 tonnes of gold and additional reserves estimated to exceed 50 tonnes has been discovered in southern China's Hunan Province, according to the China Gold Industry Association.

The gold deposit is located in Shaoyang City, within the White Horse Mountain and the Dragon Mountain gold metallogenic belt.

The deposit was initially discovered by the 11th Gold Reconnoiter Brigade of the People's Liberation Army (PLA) in 2001.

After five years of prospecting, 14 gold veins have been identified, with the main vein measuring 6,370 metres long and over 500 metres deep. The ore body is of a large size and has good continuity with a gold grade above 3 grams per tonne.

A comprehensive reconnaissance has recently started, with the PLA brigade focusing on analysis of the main gold veins and ore body in order to discover metallogenic patterns and identify higher grade gold reserves within the mine.