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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (37476)	5/21/2009 9:31:01 PM
From: LoneClone	Read Replies (1) \| Respond to of 193970

Central China Goldfields finds further mineralisation at Gangjiang licence area proactiveinvestors.co.uk Central China Goldfields PLC (AIM: GGG) said rock sampling at the Gangjiang exploration licence area of the Nimu copper-molybdenum project has identified a fourth centre of mineralisation. The prospect is called West Guqing and follows on from discoveries at the Guqing, East Nading and Gelong porphyry centres. Highlights of sampling at West Guqing include 58 metres at 0.35 percent copper equivalent (0.26 percent copper and 0.010 percent molybdenum) and 80 metres at 0.22 percent copper equivalent (0.14 percent Cu and 0.009 percent Mo). West Guqing is located approximately 500 metres to the west of the Guqing prospect. Managing director Jeff Malaihollo commented: “Drilling in 2008 clearly demonstrated that the East Nading and Gelong centres are continuous and we have now identified further mineralisation in trenches between East Nading and Guqing, between Guqing and West Guqing and to the west of Gelong." "With this new and significant discovery, the presence of mineralisation has now been identified along at least 2.5 kilometres and strengthens the likelihood that the total 5 kilometres corridor surrounding the central rhyodacite stock in Nading may be mineralised," he added.