China Gold International Resources Provides 2025 Annual Production Guidance and Reports its Jiama Mine’s Operation Unaffected by the Earthquake
China Gold International
Resources Corp. Ltd.
Suite 660, One Bentall Centre
505 Burrard Street, Box 27
Vancouver, BC
Canada V7X 1M4
China Gold International Resources Provides 2025 Annual Production Guidance
and Reports its Jiama Mine’s Operation Unaffected by the Earthquake
VANCOUVER, January 12, 2025 - China Gold International Resources Corp. Ltd. (TSX:
CGG; H KEX: 2099) (“China Gold I nternational Resources” or t he “Company”)
provides 2025 annual production guidance and reports its Jiama Copper -Gold
Polymetallic Mine’s (the “Jiama Mine”) operation unaffected by the earthquake in Tibet
Autonomous Region.
2025 Annual Production Guidance
The Jiama Mine:
⚫ The copper production will be a pproximately between 139 million pounds ( 63,000
tonnes) and 148 million pounds (67,000 tonnes);
⚫ The gold production will be approximately between 69,124 ounces (2.15 tonnes)
and 73,947 ounces (2.3 tonnes);
The CSH Mine:
⚫ The total gold production is estimated between 77,162 ounces ( 2.4 tonnes) and
83,592 (2.6 tonnes).
The Company reports that the Jiama Mine's operation was unaffected by the earthquake
that occurred in Dingri County, Shigatse City, Tibet Autonomous Region ( approximately
500 kilometers from the Jiama Mine in Maizhokunggar County) on January 7, 2025. As a
precautionary measure, safety protocols were immediately implemented across all the
mining areas in the Jiama Mine.
The Company’s Chairman and CEO, Mr. Chenguang Hou, said, “ In 2024, the Company
resumed the production at the Jiama Mine and achieved profitability in the third quarter.
In 2025, while maintaining steady operation, the Company will implement the established
development plan for the Jiama Mine and accelerate the development of underground
resources at the CSH Mine, striving to deliver better performance and higher returns to
its shareholders.”
2024 Final Year-End Results
The Company expects to report its audited 2024 Financial Statements, Notes to the
Financial Statements and Management’s Discussion and Analysis by the end of March
2025. In connection with the release, the management will hold its annual roadshow
events to discuss the Company’s year-end results and performance.
China Gold International
Resources Corp. Ltd.
Suite 660, One Bentall Centre
505 Burrard Street
Vancouver, BC
Canada V7X 1M4
About China Gold International Resources
China Gold International Resources is a gold and base metal mining company
incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner
Mongolia, China and the Jiama Copper -Gold Polymetallic Mine in Tibet, China. The
Company’s objective is to build shareholder value through growing production at its
current mining operations, expanding its resource base, and acquiring and developing
new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX:
CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEX: 2099).
For further information on the Company, please refer to SEDAR’s website at
www.sedar.com, The Stock Exchange of Hong Kong Limited’s website at
www.hkex.com.hk, the Company's website at www.chinagoldintl.com, or call the
Company at +1-604-609-0598 and email to [email protected].
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold International Resources contained herein may constitute forward-
looking statements within the meaning of applicable securities laws. Forward -looking statements may
include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that
are not statements of fact. Although China Gold International Resources believes that the expectations
reflected in such forward -looking statements are reasonable, it can giv e no assurance that such
expectations will prove to have been correct. China Gold International Resources cautions that actual
performance will be affected by a number of factors, most of which are beyond its control, and that future
events and results may vary substantially from what China Gold International Resources currently foresees.
Factors that could cause actual results to differ materially from those in forward-looking statements include
market prices, exploitation and exploration results, continue d availability of capital and financing and
general economic, market or business conditions. The forward -looking statements are expressly qualified
in their entirety by this cautionary statement. The information contained herein is stated as of the current
date and subject to change after that date.