Recently, the Geologic Report of the Taipingdong Gold Deposit 236-308 Line Prospecting on Zimudang Gold Mining Area of Xingren County of Guizhou submitted by Guizhou Xinhengji Mining Co., Ltd., a subsidiary of Guizhou Zijin, has passed the examination by the Mineral Resources and Reserves Evaluation Center of the Ministry of Land and Resources, and the Ministry of Land and Resources has approved the registration by issuing The Mineral Resource Reserve Appraisal Registration Certification on the “Geologic Report of the Taipingdong Gold Deposit 236-308 Line Prospecting on Zimudang Gold Mining Area of Xingren County of Guizhou” in the name of GUO TU ZI CHU BEI ZI (“国土资储备字” [National Land & Resources Reserves Words]) No.【2009】115 Document.
The mining right holder of Taipingdong Gold Mining Area is Guizhou Xinjiheng Mining Co., Ltd, the geological prospecting work is undertaken by No. 105 Geological Team of Guizhou Bureau of Geology and Minerals Exploration and Development, through the examination by the Mineral Resources and Reserves Evaluation Center of the Ministry of Land and Resources, the present prospecting work in total obtains the gold ore total mineral amount of 10213362t and the gold metal amount of 29023kg. This prospecting is the local, phasic ore-finding work within the mining area extent, there are fairly good metallogenetic conditions within the present region, and the future ore-finding potential is huge. According to the indication of the mineral dressing and smelting processing technical performance report, the mineral dressing and smelting effect is rather good, and there is a fairly good expectation of the economic and social benefits from the mine development.