YANGSHAN GROUP

1,385.89

USD/oz

-0.03

red

http://www.infomine.com/investment/metal-prices/gold/

Data as of May 22, 2013 02:53PM UTC

Key Facts

Status: Exploration
Type of Work: Surface

Location: Gansu, China

Commodities: Gold

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Latest Information

September 30, 2008
Reported that at Yangshanli, a EW-trending mineralization zone of 1,600m in length has been revealed by 11 irregularly distributed trenches in phyllite sequence. Although bedrock has not been reached in some of the trenches, mineralization has been detected in several trenches A sampling program with a shallow rig collected the weathered bedrock samples beneath the soil overburden along the mineralization zone. By the end of September 2007, 171 shallow holes with depth from three to seven metres were drilled and bedrock samples were collected from these holes. Drilling targets were delineated after the surface exploration program. Average grade of gold mineralization intersected in trenches is from 0.3 to 1.03g/t and width of mineralization zones varies from 4 to 13.5 meters. Significant intersections include 1.02g/t Au over 7m, 0.79g/t Au over 10.3m, and 0.5g/t Au over 10.9m. At the end of June 2008, a surface mapping and trenching program was initiated within the 3 km2 area in the Lijiawan-Shibali area (Yangshanli), and follow up for some major Au, As and Sb anomalies was conducted in the adjacent areas of the known mineralization zone. The surface mapping program is designed to better understand the structure control and trace the strike extension of the known gold mineralization intersected in trenches last year. 13km2 of 1:10,000 mapping was completed by the end of September. A mineralization zone of more than 6 metres in width has been discovered about 1,000 metres north of the major known zone revealed in trenches TC21, TC7 and TC8. The zone occurred at the contact zone between thick limestone and phyllite and closely associated with a NW-trending fault zone. Grade of continuous surface channel samples is from 0.25 to 0.8g/t Au

April 3, 2008
Announced the results of a trenching program. The 8 trenches have gold grades based on channel samples ranging from 0.30 to 1.02 g/t gold (Au) over widths ranging from 3.0 to 12.6 metres (m).

September 5, 2007
Announced assay results from the drill program. A total of 6 diamond drill holes for 1,740.7 metres were completed testing the strike length of the Yuezhao occurrence. ZK0-1 intersected 5m @ 1.93g/t Au from 5m.

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