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CNMC Goldmine Holdings Ltd.
Summary
| Project: | Sokor | |
|---|---|---|
| Deposit: | Sokor | |
| Location: | Malaysia | |
| Commodities: | Gold | |
| Date: | 12/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-12-2018: CNMC Goldmine Holdings Ltd. announces a Resource Estimation report for its Sokor deposit at the Sokor project. IQPR report on CMNC's projects and mineral resource and reserve update at Sokor. At the request of CNMC Goldmine Holdings Limited (C | |
| Resources: | (Reserve, P+P): 2.930Mt @ 1.5g/t Au for 143Koz Au contained at project | |
| CP/QP: | [Resources]: Ian Glacken (Optiro Pty Ltd.) | |
| ABSTRACT: | At the request of CNMC Goldmine Holdings Limited (CNMC), Optiro Pty Ltd (Optiro) has prepared an Independent Technical Report (ITR) on the Sokor, Kelgold and CNMC Pulai Projects located in Malaysia. The ITR is for inclusion in a prospectus for a proposed dual primary listing on the Main Board of The Stock Exchange of Hong Kong Limited (HKEx). The Sokor Project, located in Kelantan State, northern Peninsular Malaysia, is currently 81% owned by CNMC, through its subsidiary CMNM Mining Group Sdn. Bhd. CMNM holds the rights to mine and produce gold, silver and base metals from an area of approximately 10 km2 in the Ulu Sokor area in Kelantan. CNMC has defined four gold deposits in the southern part of the project area (Manson’s Lode, New Discovery, New Found and Ketubong), and a fifth gold deposit (Rixen) approximately 3 km to the north of Ketubong. Additional base metal and silver mineralisation is also present at Manson’s Lode and at Sg Among, to the east of Rixen. The Kelgold Project comprises a 100% owned exploration project of approximately 15.5 km2 . The concession is located in the state of Kelantan, Malaysia immediately south of the Thailand-Malaysia border and are considered prospective for gold mineralisation. The CNMC Pulai Project is 51% owned by CNMC and comprises a 38.41 km2 exploration project. The project is located approximately 100 km south of the Sokor mine and 20 km to the southwest of the city of Gua Musang in the State of Kelantan, Malaysia. The project is considered prospective for gold mineralisation similar to that discovered at the Sokor Project. The Mineral Resources at Rixen, Manson’s Lode, New Discovery, New Found and Ketubong and the Ore Reserves at Rixen, Manson’s Lode and New Discovery have been reported in accordance with the guidelines of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia, December 2012 (the JORC Code, 2012 | |
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