Operational Update

29 Jun 2015 07:00

China Nonferrous Gold Limited

中国有色黄金有限公司

(“CNG” or the “Company”)

Operational Update

China Nonferrous Gold Limited 中国有色黄金有限公司 (AIM: CNG), the mineral exploration and development company currently developing the Pakrut gold project (the “Project”) in the Republic of Tajikistan is pleased to announce an update on operations.

The connection of electricity at the Pakrut site has been operating without fault for 72 hours. The external power supply consists of a 110 kilovolts electrical substation, 73 kilometres of 110 kilovolt power lines to the processing plant at Pakrut and substation upgrading at Hamza.

The connection of electricity at the Pakrut site is after the reconstruction of 110 kilovolt power pylons brought down during the winter due to exceptionally heavy snow and avalanches at Pakrut in February and March.

The rate of construction at Pakrut is now proceeding at an increased rate and the trial production is expected to start at the end of October 2015.

Ore is continuing to be stockpiled ready for processing.

For further information please visit the Company’s website (www.cnfgold.com) or contact:

China Nonferrous Gold Limited

David Tang, Managing Director

Tel: +86 10 8442 6681

Investec Bank Plc

Jeremy Ellis, George Price

Tel: +44 (0)20 7597 5970

Project Summary

The Pakrut gold project, of which CNG has 100 per cent ownership, is situated in Tajikistan approximately 120km northeast of the capital city Dushanbe. Pakrut is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which hosts a number of multi-million ounce gold deposits.

About Tajikistan

Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. CNG's management team has extensive experience in the mining industry in Tajikistan.

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