China Nonferrous Gold Limited (CNG) has appointed Yu Lixian as its new managing director, replacing David Tang who resigned due to personal reasons. The company, which is operating the Pakrut Gold Project in the Republic of Tajikistan, has also appointed Hao Zhang as finance director with immediate effect.
Chaarat Gold Holdings has received positive results from a drilling program at the Tulkubash Zone of Chaarat Gold Project in the Kyrgyz Republic. The company is confident that the program, which has been extended, will increase the life of mine of the Tulkubash open pit heap leach project.
Extension drilling at the Copper Hill deposit of Xanadu Mines’ Kharmagtai Copper-Gold Project in southern Mongolia has returned broad zones of high-grade mineralisation at shallow depths. The deposit is also showing growth potential below the current resources.
Geopacific Resources has completed a round of metallurgical drilling for metallurgical variability studies at the Woodlark Gold Project in Papua New Guinea. Initial results continue to highlight the wide zones of gold mineralisation that have previously been identified.