Monday, August 04, 2014 9:45:27 AM
China Shouguan Mining Corporation (OTCQB: CHSO) is expanding mine operations at their Dayuan and Cunliji mines, with the goal of doubling current production capacity. Over 2014, expanded exploration and drilling efforts are expected to result in over 500,000 tons of ore production and increase the Company’s gold reserves by 1 ton. China Shouguan currently has 40 tons of gold reserves.
Mr. Feize Zhang, CEO, said, “China Shouguan is pleased with our current progress at our Dayuan and Cunliji mines, but know we can do better. That is why we are taking the necessary steps and investing the capital to increase production capacity and streamline our operations. Our goal is to increase our gold reserves by at least 1 ton over 2014.”
http://www.prweb.com/releases/2014/01/prweb11523892.htm
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