Sino Gold Mining Limited has entered into an option agreement to acquire the Caijiagou Gold Project in Liaoning Province in northeast China. The Caijiagou Gold Project comprises a small open-pit mine and a new processing plant and 17.5 sq km Exploration Licence. The vendor and new joint-venture partner is a private company named Beipiao Huifeng Enterprises Group. Sino Gold plans to implement an exploration program over the coming few months that includes geological mapping, geophysical surveys and diamond drilling.
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