Approval of Joint Venture Co.
April 10 2006 - 7:00AM
UK Regulatory
RNS Number:2724B
Central China Goldfields PLC
10 April 2006
Central China Goldfields plc
("GGG" or "the Company")
APPROVAL FOR HUBEI XIANG SHUI TAN GOLD INC.
LONDON - 10 April 2006 - Central China Goldfields plc (AIM: GGG, GGGW) announces
that the Company has received unconditional approval from the Hubei Provincial
Government for the establishment of a Sino-Foreign Joint Venture Company called
Hubei Xiang Shui Tan Gold Inc.
The Business Licence for Hubei Xiang Shui Tan Gold Inc. will be issued shortly.
Exploration work at the Xiang Shui Tan Project, supervised by Exploration
Manager Jun Angeles MSc FAusIMMM, will commence in May 2006 with the aim of
confirming the resources previously defined by our partner the Hubei North East
Geological Team and to identify the potential for porphyry copper - gold style
mineralisation.
Details of the Xiang Shui Tan Project and the Joint Venture terms are contained
in the news release of 15 November 2005.
For further information, please contact:
Central China Goldfields plc Nominated Advisor:
Dr. Jeffrey Malaihollo Ruegg & Co Limited
Tel: 020 7621-0200 Brett Miller
Email: info@ccgoldfields.com Tel: 020 7584-3663
www.ccgoldfields.com
Public Relations: Brokers:
Parkgreen Communications Westhouse Securities LLP
Victoria Thomas / Justine Howarth Richard Morrison / Cailey Barker
Tel: 020 7493-3713 Tel: 020 7601-6100
King & Shaxson Capital Limited
Nick Bealer
Tel: 020 7426-5986
This information is provided by RNS
The company news service from the London Stock Exchange
END
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