First Gold Poured at Pakrut Project, Tajikistan
China Nonferrous Gold Limited
06 January 2016
China Nonferrous Gold Limited ä¸å›½æœ‰è‰²é»„金有é™å…¬å¸
(“CNG†or the “Companyâ€)
First Gold Poured at Pakrut Project, Tajikistan
China Nonferrous Gold Limited ä¸å›½æœ‰è‰²é»„金有é™å…¬å¸ (AIM: CNG), the mineral exploration and mining company currently mining the Pakrut gold project in the Republic of Tajikistan (“Tajikistanâ€) is pleased to announce that, on Tuesday 29 December 2015, the first gold ingots were poured at the wholly owned Pakrut gold project in Tajikistan.
Mr. Wu Xiang, Chairman, said:
“I am delighted to report that the Company has poured its first gold at Pakrut, as this is a significant milestone in the project’s history, and is reward for the hard efforts of the workforce who have done such a great job at bringing Pakrut to fruition.
“I look forward to updating the market as to further gold production in the near future.â€
For further information please visit the Company’s website (www.cnfgold.com) or contact:
China Nonferrous Gold Limited
David Tang, Managing Director
Tel: +86 10 8442 6681
Investec Bank Plc
Jeremy Ellis, George Price
Tel: +44 (0)20 7597 5970
Beaufort Securities Limited
Jon Belliss
Tel: +44 (0)20 7382 8300
Blytheweigh
Tim Blythe, Camilla Horsfall
Tel: +44 (0)20 7 138 3224
Project Summary
The Pakrut gold project, of which CNG has 100 per cent ownership, is situated in Tajikistan approximately 120km northeast of the capital city Dushanbe. Pakrut is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which hosts a number of multi-million ounce gold deposits.
CNG is currently in a commissioning phase with mining contractors on site finalising constructionof the mine, plant, tailings dam and refinery.
About Tajikistan
Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. CNG's management team has extensive experience in the mining industry in Tajikistan.
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