2011 Martabe Project Startup Not Dampend by Rains

Despite adverse recent weather conditions, gold production at G-Resources Group’s Martabe gold project in North Sumatra, Indonesia, is still targeted for 2011 at a rate of 250,000 oz/y gold and 2 to 3 million oz/y of silver at an anticipated cash cost of $280/oz of gold. The company said unusually high rainfall has resulted in a review of the best location for certain facilities at the project.

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Jinshan Increases Reserves at CSH 217, Extends Mine Life

Jinshan Gold Mines reported in early March 2010 a new NI 43-101 compliant reserve and resource estimate for its CSH 217 open-pit, heap leach gold mine in Inner Mongolia, China, has increased total proven and probable reserves to 3.43 million oz of gold

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