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News - Detailed News Story

CNMC Goldmine: Contract For Mining And Production Of Silver, Lead And Zinc.

09 Jan 2012 17:48

CNMC Goldmine Holdings Limited wishes to announce that CMNM Mining Group Sdn. Bhd., a 81% owned subsidiary of the Group, had on 8 January 2012 entered into a contract with Sincan Juyuan Mining Sdn. Bhd., a wholly-owned subsidiary of Xiamen Shenkun Group Co., Ltd., for the mining and production of silver, lead and zinc at Manson's Lode, an area of approximately 1.5 square kilometres at Sokor Mines, Kelantan, Malaysia. According to the Independent Technical Review report issued by Behre Dolbear Australia Pty Limited as provided in the offer document of the Company dated 18 October 2011, the Company reported that approximately 1.26 million ounces of silver, 9,200 tonnes of lead and 8,900 tonnes of zinc have been discovered in the said area...

Attachments: Source: ShareInvestor Express

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