Dong Mao Huo Project
November 04 2008 - 2:16AM
UK Regulatory
Central China Goldfields plc
("GGG" or "the Company")
DONG MAO HUO PROJECT
INITIAL GOLD BULK SAMPLING COMPLETED
LONDON - 5 November 2008
Central China Goldfields plc (AIM: GGG) is pleased to announce that the Company
has now completed refurbishment of the existing primary crusher and ancillary
equipment at its Dong Mao Huo gold mine.
The Company has since completed its first large scale bulk sampling programme
to operationally test the existing processing equipment. The bulk sample test
was successful.
During the bulk sampling the company processed approximately 10 tonnes of the
oxide ore from the East Hill area. This ore, with an average grade of 0.8
grammes per tonne gold, was excavated using a front-end loader and then
transported a short distance to the West Hill where the refurbished crusher is
installed. The ore was then put into the primary crusher and crushed to 2 �
inches or less particle size. No secondary crushing was done and this ore is
stockpiled ready for further processing as and when the temperature is milder.
The Company is also pleased to report that during the preparation for the bulk
sampling, we have identified visual gold in the oxide ore at the East Hill.
Jeff Malaihollo, Managing Director of Central China Goldfields plc, comments:
"The first large scale bulk sample is part of a number of key steps being
undertaken to rapidly accelerate the development of the Dong Mao Huo Gold
Project. The company's goal is to bring the open-pittable, oxide gold part of
the deposit into production in the second quarter of 2009. We are in active
negotiation with a number of parties for contract gold mining to achieve this
result."
Technical information in the Company news releases has been reviewed and
approved by Delio Villamor, the Company's Vice President for Mining. He has
over 30 years of experience as a Mining Engineer.
For Further Information:
Central China Goldfields plc Hanson Westhouse Limited
Dr. Jeffrey Malaihollo Anita Ghanekar / Martin Davison
Tel: 020 7621 0200 Tel: 020 7601 6100
Email: info@ccgoldfields.com
www.ccgoldfields.com
END
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