|
|||
From: Nigel
ArtDate: 19th December 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 87.74.94.174
Date: 06/01/07
Time: 15:38
19th December 2006
Tianshan Goldfield - Resources Update
News Item - Conduit PR
Tianshan Goldfields Limited (“Tianshan” or the “Company”)
GOLD MOUNTAIN RESOURCE INCREASES TO 28 MILLION OZ
The combined total Indicated and Inferred Mineral Resource for Yelmand, Jinxi, Lion and Mayituobi is estimated at 95 million tonnes at 0.9g/t Au for 2.8 million ounces of gold (at 0.5g/t Au lower cut-off grade). The Company’s exploration and drilling in 2006 has delivered a significant upgrade in the extent of the gold mineralisation at Gold Mountain. Work in 2007 will include infill resource drilling and a scoping study for a potential open pit and heap leach mining operation, and drill testing of targets identified in 2006. Mineral Resource
Following the completion of the 2006 field season, Tianshan (AIM/ASX: TGF) is very pleased to report Mineral Resource estimates for the Yelmand, Jinxi (includes Balake), Mayituobi deposits and the new Lion deposit within the Gold Mountain Project (Table 1).
Edward Portman Conduit PR Ltd 76 Cannon St London EC4N 6AE Office: +44 (0) 20 7429 6666 Direct: +44 (0) 20 7429 6607 Fax: +44 (0) 20 7429 6699 Mob: +44 (0) 773 3363 501
www.conduitpr.com
|