VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 16, 2012) – China Gold International Resources Corp. Ltd. (TSX:CGG)(HKSE:2099) (the “Company”) reports financial and operational results for the six months ended June 30, 2012.
First Half 2012 Highlights:
Outlook:
China Gold International’s outlook for the remainder of 2012 and beyond remains positive as the Company continues to work towards improving operating results and expanding operations at its current mine sites. In addition, the Company remains focused on evaluating targets for possible acquisitions and/or joint ventures with support from its largest shareholder, China National Gold.
The CSH Gold Mine
Jiama Copper Polymetallic Mine
For a detailed look at the financial statements and MD&A for the three and six months ended June 30, 2012, please visit the Company’s website at www.chinagoldintl.com or www.sedar.com.
About China Gold International Resources Corp. Ltd.
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. The Company’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 (HKSE:2099).
Forward-looking statements
Certain statements made herein, and other statements 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, constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-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-looking information and statements are based on certain assumptions and analysis made by China Gold International Resources Corp. Ltd.’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject 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. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading “Risks 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-looking information or statements. Except as required by law the Company does not assume the obligation 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.
China Gold International Resources Corp. Ltd.
Stefanie Makagon
Investor Relations Manager
+1.604.695 5032 or +86.10.5635.3938
[email protected]
www.chinagoldintl.com