China Gold Group has spent more than 1.1 billion yuan on geological prospecting in recent 3 years

China Gold Group in the past 3 years more than 1.1 billion yuan geological prospecting investment completed 942,000 meters drilling workload, the new gold resources reserves 523 tons of reporters July 26 learned that, since the beginning of 2007,　　China Gold Group invested 1.109 billion yuan to carry out geological exploration, cumulative completion of 942,000 meters of drilling work, new gold reserves of 523 tons, copper reserves 3.52 million tons, molybdenum reserves 510,000 tons. Sun Chaoxue, general manager of China Gold Group, said that for more than 3 years, the Chinese gold group had organized large-scale geological exploration and achieved good results through the exploration of the deep part of the original mine, the integration of surrounding mines, the prospecting of the old mines and the annexation and reorganization. As of the end of June this year, the total reserves of gold resources of the group has reached 1250 tons.　　Only in the first half of this year, the group completed geological exploration investment of more than 150 million yuan, the cumulative completion of drilling work 170,000 meters, the new gold reserves of 24.7 tons. At present, China's Gold group has put forward the development idea of "taking gold as the main and multi metals simultaneously". In addition to the traditional gold mines, the Chinese gold Group has a number of copper-metal projects in Tibet, Nemunu copper-molybdenum mine project, Henan Night-long Ping Mo Mine project and other metal ore base.