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Sino Gold expects 2009’s output to rise 53%
 
11th December 2008
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JOHANNESBURG (miningweekly.com) – ASX-listed gold producer Sino Gold on Thursday stated that the combined 2009 gold production from its Jinfeng and White Mountain projects, in China, would be in the range of between 210 000 oz and 230 000 oz of gold.

The company stated that its Jinfeng operation was on track to meet its production guidance of 45 000 oz for the December quarter, bringing the total production for 2008 to about 150 000 oz.

The White Mountain project was also on track to start commercial gold production in early 2009.

Jinfeng was the second-largest gold mine in China, with an estimated resource of 3,5-million ounces. Gold production was planned to increase as the processing plant was debottlenecked and as higher-grade ore from the underground mine increasingly supplemented ore from the openpit operation.

The White Mountain gold mine had an estimated reserve of 0,8-million ounces, and commercial gold production was planned for early 2009. Upon reaching design production rates, the operation would produce an average of 65 000 oz/y of gold.

Edited by: Mariaan Webb

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