Park City Gold Resource layout and next city entrusted to manage 25 tons of large gold mines

China Securities Network News (reporter Zhu Jianping) dedicated to gold mining in the Garden of gold (600766, stock bar) in the resource layout of the next city, September 23, the Park City Gold announcement: 20 million yuan entrusted to manage the gold metal volume of 25 tons of Rushan mining, the trusteeship period of one year, The mine will continue to explore and expand production during the period. Entrusted to the Golden Sea mining commitment: During the trusteeship, so that its profits, assets, such as the size of the listed companies in all of the major assets reorganization and other relevant laws and regulations of the target assets stipulated in the conditions, when the conditions will be injected into the Park City of Gold.　　This means that, if there is no accident, the Park City gold in a year will be 25 tons of gold assets injected, coupled with the company's gold resources in Australia and its cooperation with the development of Liaoning Kazuo County three gold deposits, the current Park City gold has control of the reserves of gold has reached 49 tons. Prior to this, the Park City Gold has announced: The company's wholly-owned subsidiary intends to sign an important entrusted management asset contract. Since the company's wholly-owned subsidiary of Xingguo Mining industry can be approved to enjoy the tax preferential policies are uncertain, so eventually by the Park City Gold and Jinhai Mining signed a trusteeship contract.　　Due to the need to continue to negotiate additional terms, the company application, September 23 continue to suspend business day, September 24 resumed. Rushan Mining currently has a total assets of 60.194 million yuan, the factory covers an area of 40000 square meters, building area of 6000 square meters, design capacity of 60000 tons. The "prospecting right" of the "gold mine in Rushan, Shandong Province" is valid for July 20, 2013 to July 20, 2015. According to the exploration unit of Shandong Province, the sixth Geological and Mineral Prospecting Institute, Shandong province Rushan Blue Jia Zhuang Mining Area gold Mine Prospecting report: Exploration of gold Resources reserves (111B) + (122b) + (333) + (333D) ore volume 3113157t, metal volume 25.125 tons.　　The average grade of deposit is 8.07x10-6 and the average thickness is 1.62m. Under the Trusteeship contract, the Park City gold-hosted Rushan Gold Sea Mining began within one year, the Park City Gold investment continues to explore, will this Rushan mine according to the national Super large-scale mine exploration. and increase production as much as possible.　　The two sides jointly invested in the expansion of a production line, the production of the next processing ore volume reached 1000 tons. It is understood that during the trusteeship, the gold mining industry is expected to profit will not be less than 30 million yuan, its profits exceed 30 million yuan, the two sides will be divided equally. Golden Sea Mining Commitment: During the commissioning of the Park City Gold management period, all the assets of Rushan gold mining will not be acquired by other companies outside the Park City gold, and after the commissioning of the management period, the Rushan mining will not be entrusted with the re-signed management agreement with other companies other than the Park City gold. And the whole shareholder of Jinhai Mining also undertakes: In entrust the Garden City Gold management period, all shareholders of the Rushan Gold Sea mining will not transfer all or part of its Rushan gold mining to the third person except the existing shareholder. In Rushan mining to reach the "listingAfter the conditions of the target assets stipulated in the relevant laws and regulations on the management of major assets reorganization, all the shareholders agree to Rushan all the assets of the Golden Sea mining industry in accordance with the relevant provisions of laws, regulations and regulations such as "Measures for the management of major assets of listed companies", and then inject gold into the But the Park City Gold undertakes: In the Park City Gold carries on the major reorganization, according to the related stipulation, buys the Rushan Gold Sea mining at the fair price, the acquisition pattern includes but is not limited to: the cash acquisition, the equity purchase, or buys by the combination of the cash and the equity purchase model.