Monday, April 23, 2012

CNMC Goldmine strikes more gold

CNMC Goldmine Holdings, the Catalist-traded gold mining company, said it had discovered new gold deposits in Malaysia.

The gold mining and exploration company discovered some 130,300 ounces of gold in its flagship 10-square-kilometre Sokor Gold Project in Kelantan, Malaysia.

The discovery brings CNMC's total joint ore reserves to 503,000 ounces of gold at end 2011, a 35 per cent increase from about 372,000 ounces in June 2011.


 

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