China Gold International Resources Corp. Ltd. Mine Sites Experience Little to no Impact From Novel Coronavirus Thus Far
28 2월 2020 - 12:30PM
China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx:
2099) (“China Gold International Resources” or the “Company”) is
providing a voluntary business update in relation to the Company’s
production and operations and the Novel Coronavirus (the
“COVID-19”).
The Company’s Jiama mine has been operating with
little to no impact on its production or operations thus far. The
Jiama mine regularly monitors the health of its employees and its
supply chains and is prepared to respond to any potential
disruption issues, should any arise.
The employees of CSH Mine have returned to the
mine site following the scheduled Chinese New Year celebration
closure. CSH Mine normally experiences lower recovery rates during
the first quarter of every year impacted by the harsh winter
conditions and as such, performance in the first quarter of the
year is usually lower as compared with other quarters in the year.
The Company expects the recovery rate to normalize during the
balance of 2020. The CSH mine has had little to no impact on its
production or operations compared to previous years due to the
COVID-19 thus far.
The Company is reminding all individuals to take
care of their health and to adhere to safety procedures while
conducting business operations.
The Company’s chief executive officer, Liangyou
Jiang, said, “Although there currently are no employees infected at
the Company’s two mines, we will be ready to respond to the
possible impact COVID-19 may have on any aspects of our business
and will closely monitor the health condition of our
employees."
About China Gold International
Resources
China Gold International Resources Corp. Ltd. is
based in Vancouver, BC, Canada and operates both profitable and
growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama
Copper-Polymetallic Mine in Tibet Autonomous Region of the People’s
Republic of China. The Company’s objective is to continue to build
shareholder value by growing production at its current mining
operations, expanding its resource base, and aggressively acquiring
and developing new projects internationally. The Company is listed
on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The
Stock Exchange of Hong Kong Limited (HKEx: 2099).For further
information on the Company, please refer to its SEDAR profile at
www.sedar.com or: Telephone: 604-609-0598, Email:
info@chinagoldintl.com,Website: www.chinagoldintl.com.
Cautionary Note About Forward-Looking
Statements
Certain information regarding China Gold
International Resources contained herein may constitute
forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements may include estimates,
plans, expectations, opinions, forecasts, projections, guidance or
other statements that are not statements of fact. Although China
Gold International Resources believes that the expectations
reflected in such forward-looking statements are reasonable, it can
give no assurance that such expectations will prove to have been
correct. China Gold International Resources cautions that actual
performance will be affected by a number of factors, most of which
are beyond its control, and that future events and results may vary
substantially from what China Gold International Resources
currently foresees. Factors that could cause actual results to
differ materially from those in forward-looking statements include
market prices, exploitation and exploration results, continued
availability of capital and financing and general economic, market
or business conditions. The forward-looking statements are
expressly qualified in their entirety by this cautionary statement.
The information contained herein is stated as of the current date
and subject to change after that date.
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