Tianshan Goldfields
Tianshan Goldfields Limited Is focused on developing its 90% interest in the Gold Mountain Project in north western China. China is now the fourth largest gold producer in the world.
The Gold Mountain Project consists of exploration licences covering 632 square kilometres and hosts advanced gold deposits and exploration targets with the potential for both large tonnage disseminated gold deposits and narrower higher grade opportunities. The Company currently has a total Indicated and Inferred Mineral Resource estimated at 95 million tonnes at 0.9g/t Au for 2.8 million ounces of gold (at 0.5g/t Au lower cut-off grade).
Tianshan announced the sale in November 2009 of its entire portfolio of Chinese assets to Hong Kong registered company China Power Sino Renewable Resources Ltd in November for USD$22.5M.
Tianshan Goldfields says Gold Mountain leach testing improves recovery grade
Tianshan Goldfields Limited (ASX: TGF) said column leach testing for its 90 percent owned Gold Mountain project in North West China returned 63.22 percent gold recovery after 120 days leaching, at 0.1 percent cyanide concentration.
Tests were conducted by the Chang Chun Gold Research Institute (CCGRI) on ore samples made up of a blend of each of the Yelmand, Jinxi and Mayituobi deposits.
The latest figures show a marked improvement in leach recovery over the weighted average recovery of 57 percent reported as part of the pre-feasibility study testwork results in February 2009.
The results of the column leach tests and the research report by CCGRI complete the last document needed to gain project approval and to support the application for the Gold Mountain mining permit.
Other Tianshan Goldfields articles
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17/11/09 Tianshan Goldfields and Corvette Resources to merge
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20/10/09 Tianshan Goldfields advances sale of Chinese gold project
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26/02/09 Pre-feasibility study thumbs up for Tianshan's Gold Mountain Project in China
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08/01/09 Tianshan Goldfields has significant gold hits at Gold Mountain
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17/11/08 Anglo Pacific Group Acquires more Tianshan Goldfields Shares
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01/08/08 Tianshan Goldfields share performance and reality decouple
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07/02/08 Tianshan Goldfields: More than a pretty name
Other Tianshan Goldfields news
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27/10/09 Tianshan Goldfields executes binding agreement for sale of Chinese gold assets for US$22.5 million
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02/02/09 Tianshan Goldfields expects evaluation of pre-feasibility study in Q1 2009
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26/11/08 Tianshan Gold takes 60 percent in new gold project in Shangdong province
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11/08/08 Tianshan Goldfields renews licences in China
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08/07/08 Tianshan Goldfields quits AIM
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23/06/08 Tianshan Goldfields provides operational update
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16/05/08 Tianshan Goldfields starts major drilling program
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11/03/08 Interim results underline solid progress at Tianshan Goldfields
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18/02/08 Tianshan Goldfields confirms excellent gold recoveries
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05/02/08 Tianshan Goldfields ups resource to 2.6m oz gold
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