Citigold | ASX Share Price | DIFX Share Price
Charters Towers Warrior mine Upgrade Continues
18 August 2008: Brisbane, Australia - Citigold Corporation Limited (Citigold) (ASX:CTO, DIFX:CTO, FSE:CHP) is pleased to announce the further progression of the scaling up of infrastructure and personnel at its Charters Towers Warrior mine are progressing well.�
Highlights of the announcement include:-
� Average grades remain strong at 10.0 and 31.0 grams per tonne in the 730west and 745east production drives respectively at 1.2 metre widths.
� Current stoping area on the 840East level has averages of 12.8 grams per tonne over a 2.5 metre width in the production drive.
� Expected grades above the 840East level, based on diamond drilling intersections, averages 21.0 grams per tonne over 2.5 metre widths.
� Power upgrade scheduled to be complete by Thursday, 21 August 2008.
� 24/7 operations commenced underground on 4 August 2008.
To view more information please click HERE or visit our website at www.citigold.com
Kind regards
Mark J Lynch
Managing Director
Citigold Corporation Limited
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Citigold is a gold development stage company based in .
Citigold holds various exploration projects in Australia.
Its main asset in production is CHARTERS TOWERS in Australia and its main exploration properties are WARRIOR GOLD MINE and BRILLIANT GOLD REEF in Australia.