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Sino Gold (SIOGF)

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Last Post: 5/21/2008 12:45:34 PM - Followers: 3 - Board type: Free - Posts Today: 0

Sino Gold Limited is an Australia-based company that is engaged in mining and processing of gold ore and the sale of recovered gold, as well as exploration and development of mining properties. As of February 21, 2007, it was engaged in the development of Jianchaling Mine. The Company’s Jianchaling Mine has produced approximately 450,000 ounces of gold. Exploration at the White Mountain Project continued with 150 diamond drillholes (totalling 40,615 meters) completed during the year ended December 31, 2006. In July 2006, the Company exercised an option to increase its equity in the White Mountain joint venture from 80% to 95%. On 16 January 2007 the Company completed the acquisition19.9% interest in Golden Tiger Mining NL. Level 22, 44 Market Street Sydney, NSW 2000 AUS +61-2-82597000 (Phone) http://www.sinogold.com.au Sino Gold is producing gold at the largest gold mine in china. Production started in March and the capacity testing of the equipment and processes have been successful. Sino is a Australian company and has a exploration agreement with Goldfields. They are currently (Oct07) aquiring a chinese gold company Golden Dragon.
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