Thursday, 21st June 2007 (2185 views)

Asian Dragon Group has announced its intention to mine a number of newly-discovered gold veins in tunnels in the Luishugou Zone at its Jinjishan gold mine.

The company reports that almost 1,000 metres of tunnelling has been undertaken over the last three months and several of the newly-discovered veins are more than a metre wide with grading ranging from three grammes of gold per tonne (g/t) to over 30 g/t.

Furthermore, Asian Dragon reveals that its two-hole drill programme at the Zhuyuanmao Zone has also been completed with five veins being intercepted in the region.

Asian Dragon is additionally assessing high-grade gold veins at the Houyao Zone which exist near the surface.

"[The company] plans to complete a geological survey before deciding what action will be taken. This area is similar, though larger, than the Jindongcou Zone and it is anticipated will add significant ore reserves to the mine," a statement read.

Asian Dragon Group is a precious metal mining and exploration company.

 

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