Guizhou Mining - Commences Jinfeng 4 Diamond Drilling ...
Online, May 5, 2010 (Newswire.com) - "Guizhou Mining" has, following exceptional sample grades from shallow vein systems, commenced intensive drilling operations at its Jinfeng 4 property.
The company has started a 3,000 metre diamond drill program at the gold project in Southern China, in which it has earned an 85% interest.
Drilling of J4 began in late March and has already encountered alteration. It is expected to test the extension of known mineralization as encountered at its primary pit.
"Guizhou Mining" said that the results from its grade testing justified its considerable investment into acquiring further licenses for the property and demonstrated positive progress for the overall project.
"Guizhou Mining" is a natural resource company that acquires mining properties with a view to conducting further exploration and development.
Its goal is to see the properties produce through joint ventures, leases or sales. "Guizhou Mining" believes it has excellent mining properties in Guizhou province in the South of China and remains committed to the acquisition of quality properties with potential consistent with the companies' charter.