GGG taken from RSNs6 Jun 2009 08:22
Taken from the RNS: Yesterday
"The mineralisation is contained in quartz monzonite rocks
surrounding a rhyodacite porphyry. Further trench sampling at the end of 2008 lead us to believe that much of this `annulus' is mineralised and that we have only drilled a portion of it to date. The tonnage indications are significant, representing a potentially world class deposit which could be open-pittable with oxides at surface. We now feel that the geological risks of this project have been reduced significantly".
Taken from rsn May 27th
* Significant amounts of rhenium have been identified which show a good
correlation with molybdenum values.
* Of twenty six molybdenum-bearing drillcore samples tested, the average
molybdenum to rhenium ratio was circa 6000 to 1, which is significant.
Jeff Malaihollo, Managing Director of Central China Goldfields plc, comments:
"Analyses of these molybdenum-rich samples have shown that there is a strong correlation between the presence of molybdenum and rhenium. Its clear that Gangjiang now contains elevated concentrations of copper, molybdenum, silver and rhenium."