Resources Corp. Ltd.
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______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected] , www.chinagoldintl.com Suite 1030, One Bentall Centre 505 Burrard Street, Box 31 Vancouver, BC Canada V7X 1M5
China Gold International Resources Announces Management Changes
Vancouver, February 28, 2011 - China Gold International Resources Corp. Ltd. (T SX: CGG, HK: 2099) (the "Company") announces the appointment of Mr. Derrick Zhang as Interim Chief Financial Officer. Mr. Zhang has over 18 years of experience in financial reporting for public companies including experience leading financial reporting for mergers and acquisitions and has served as the Company’s controller since January 2010. Mr. Zhang has experience working in mine planning, as a design and construction engineer in China and is bilingual in English and Mandarin. “Mr. Zhang’s experience leading financial reporting for mergers and acquisitions will be an asset to the Company as the Company pursues its strategy to acqu ire additional gold and non-ferrous mineral resources,” said Mr. Xin Song, CEO.
The Company also announces the resignation of Mr. G eorge Law as Chief Financial Officer. “We thank Mr. Law for his contributions to the Company,” said Mr. Song.
About China Gold International Resources Corp. Ltd.:
China Gold International Resources Corp. Ltd. is a mining company whose principal properties are the CSH gold mine and the Jiama copper poly-metalli c mine. The Company's shares are listed on the TSX under the symbol “CGG” and on the HKSE unde r stock code “2099”. China National Gold Group Corporation, a Chinese state-owned enterprise owns approximately 39% of China Gold International Resources Corp. Ltd.’s shares.
For additional information:
China Gold International Resources Corp. Ltd.
Frank Lagiglia Investor Relations Manager
Tel: +1.778.668.9883
Email: [email protected]
Website: www.chinagoldintl.com
Forward-looking statements
Certain statements made herein, and other statement s relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, const itute "forward-looking information" within the meaning of applicable securities legislation. For ward-looking information and statements are typically identified by words such as "anticipate", "could", "should", "expect", "seek", "may", "intend", "likely", "plan", "estimate", "will", "believe" and similar expressions suggesting future outcomes or statements regarding an outlook. All such forward-l ooking information and statements are based on certain assumptions and analysis made by China G old International Resources Corp. Ltd.’s management in light of their experience and percept ion of historical trends, current conditions and expected future developments, as well as other fact ors management believes are appropriate in the circumstances. These statements, however, are s ubject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. I mportant factors that could cause actual results to differ from these forward-looking statements inc lude those described under the heading “Risks China Gold International Resources Corp. Ltd.
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______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected] , www.chinagoldintl.com 2Suite 1030, One Bentall Centre 505 Burrard Street, Box 31 Vancouver, BC Canada V7X 1M5 and Uncertainties” elsewhere in the Company's MD&A filed at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-lo oking information or statements. Except as required by law the Company does not assume the obl igation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.