China Gold International's Jiama Mine welcomes reputable
recognition by Global Compact China Network
VANCOUVER,
Dec. 21, 2012 /PRNewswire/ - China
Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099)
(CGG) is pleased to announce that on December 12, 2012 Tibet Huatailong Mining Ltd.,
the wholly-owned subsidiary of China Gold International Resources
Corp. Ltd. and the operator of Jiama Mine, was selected to enter
the "2012 Global Compact China Network Yearbook" by the Global
Compact China Network.
Dr. Xin Song, CEO of China Gold
International Resources Corp. Ltd., commented, "Management is
honored to receive this recognition of the Company's ongoing
efforts to improve social responsibility and sustainable
development."
About Global Compact China
Network
Global Compact Network China hereinafter referred to as the
"China Network" is the local
network of UN Global Compact in China. China Network strives to promote more Chinese
companies to sign up for the UN Global Compact, propel companies
to embrace and implement Global Compact ten principles in
respect of human rights, labor rights, environment and
anti-corruption, strengthen the communication and cooperation
between Chinese companies and the international community,
continuously improve the international status and image of Chinese
companies and promote sustainable development of Chinese companies
in the context of economic globalization.
About China Gold International
Resources
China Gold International Resources Corp Ltd is based in
Vancouver, BC, Canada and operates both the CSH Gold Mine in
Inner Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet
Autonomous Region of China. CGG's
objective is to continue to build shareholder value by growing
production at its current mining operations, expanding its resource
base, and aggressively 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).
About the Tibet Huatailong Mining Ltd. -
Jiama Mine
The Jiama copper-gold poly metallic mine is located
approximately 68 kilometers northwest of the capital city of Lhasa
in Tibet Autonomous Region. Commercial production commenced in
September of 2010. Copper production for 2012 is estimated to reach
up to 11,500 tonnes with some gold and silver. The Company is
currently conducting its Phase II production expansion.
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
give 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, continued
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.
SOURCE China Gold International Resources Corp. Ltd.
