China Mineral Mining Corp

Published : January 26th, 2016

China Minerals Announces Legal Action Against Province of BC

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Keywords :   China | Georgia | Gold |

China Minerals Announces Legal Action Against Province of BC

China Minerals Mining Corporation ('China Minerals') (TSX-V: CMV, US: HWTHF), and its wholly owned subsidiary Cassiar Gold Corp. ('Cassiar Gold' and together with China Minerals referred to for convenience as the 'Company'), have retained McMillan LLP to file a petition in the BC Supreme Court challenging certain provincial government actions affecting the Company's Cassiar Gold Project, specifically the Taurus Property, located in North-Central British Columbia.

Among other things, the petition seeks to quash a March 31, 2015 transfer of certain public lands to a private company (0995817 B.C. Ltd.). The Company holds mineral tenures in respect of these lands and its interests have been adversely affected by the land disposition.

'China Minerals has spent more than $36 million acquiring and advancing the Cassiar Gold Project' said Ling Zhu, Executive Chairman. 'We are shocked and dismayed that government would take such unilateral actions when we have invested so much time, money and effort. It is tantamount to an expropriation of our interests without compensation.'

The petition also challenges aspects of a related 'incremental treaty agreement' between the province and The Kaska Dena Council, on the basis that the Company was not consulted and its interests were not fairly considered when that agreement was entered into. The Company was only advised after the fact about the commitment to give away the lands - which the province described in a notice letter to the Company as having a 'new landlord'.

'This was a misleading characterization' said Zhu 'The rights and obligations of a mineral owner in terms of accessing mineral rights are fundamentally different once Crown land is converted to private ownership, and government knows full well that the First Nations that own this private company intend to develop these lands for a power project that is incompatible with mining'.

The Company supports reconciliation between the province and aboriginal groups -- provided existing third party rights are protected or properly compensated.

A copy of the judicial review petition and supporting affidavit will be filed on the Company's website available at: www.chinamineralsmining.com.

About China Minerals Mining Corporation

China Minerals Mining Corporation is a Canadian based exploration and development company with offices located in Vancouver, B.C. and Beijing, China. China Minerals' ambition is to build an international mining company.

For more information on China Minerals, please contact the Company at 1-888-629-1505 or the Company at (604) 629-1505, or visit the Company's website at www.chinamineralsmining.com.

ON BEHALF OF THE BOARD OF DIRECTORS

'signed by Ling Zhu'

Ling Zhu
Executive Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

Cautionary Statement Regarding 'Forward-Looking' Information

Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as 'plans', 'expects', 'intends', 'is expected', 'potential', 'suggests' or variations of such words or phrases, or statements that certain actions, events or results 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond China Minerals' control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. China Minerals undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

View Petition to Court

View Court Affadavit

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : China | Georgia | All
Gold and Silver Prices for these countries : China | Georgia | All

China Mineral Mining Corp

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China Mineral Mining is a gold development stage company based in Canada.

China Mineral Mining holds various exploration projects in Canada.

Its main asset in development is FRASERGOLD in Canada and its main exploration properties are TABLE MOUNTAIN (CASSIAR) and TAURUS PROJECT (CASSIAR) in Canada.

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Corporate Presentations of China Mineral Mining Corp
9/23/2011s Announces Updated Corporate Presentation
Annual reports of China Mineral Mining Corp
Annual Report 2007
Financings of China Mineral Mining Corp
3/24/2011Closes Second Tranche of Private Placement for Gross Proceed...
2/2/2011on Private Placement with Skyocean
3/1/2010Announces Amendment to Share Puchase Warrants
12/2/2009Announces Closing of Non-Brokered Flow Through Private Place...
11/26/2009Announces Increase In Non-Brokered Private Placement Of Flow...
9/25/2009Announces Equity Offering to Raise up to $4.5 Million
2/24/2009Announces Increase in Brokered and Non-Brokered Private Plac...
2/11/2009Announces Brokered and Non-Brokered Private Placement to Rai...
11/27/2008Announces Non-Brokered Private Placement to Raise up to $633...
11/13/2008Closes $2.36 Million Brokered Private Placement
Option Grants of China Mineral Mining Corp
4/8/2011Grant of 4,260,000 stock options at $0,16
9/12/2009Appoints New Directors to Board Grants Incentive Stock Optio...
Nominations of China Mineral Mining Corp
4/2/2013s Announces Resignation of Director
2/14/2012s Announces Resignation Of Directors And Executive Vice Pres...
6/1/2011 Increases the Board of Directors
5/30/2011s Appoints New Senior Executives and Directors
3/24/2011Resignation of Michael Beley as Chairman and Richard Barclay...
7/8/2010Announces Results From Annual General Meeting and the Appoin...
8/11/2009Appoints David WJ McAdam as Interim CFO
11/20/2008Appoints Michael Petrina, P.Eng as VP Mining
9/24/2008Appoints Mine Manager at Cassiar Gold Camp
Project news of China Mineral Mining Corp
4/17/2012s Announces $3 Million Summer 2012 Exploration Program
9/22/2009(Table Mountain (cassiar))Identifies New High Grade Gold Zone At Hill 88 Zone within T...
9/9/2009(Taurus Project (cassiar))Assays Significant Grades in Surface Trench Vein - 400.0 g/t...
8/11/2009(Taurus Project (cassiar))Continues to Define High Grade Mineralized Gold Zone at Taur...
7/29/2009Identifies High Grade Gold Zone at Taurus Deposit
6/4/2009(Cassiar Gold Camp)Commences Drilling at Cassiar Gold Mine; 2009 Exploration an...
2/19/2009(Frasergold)Assays 82.28 Metres Grading 0.754 g/t Au at Frasergold
2/19/2009(Frasergold)Assays 82.28 Metres Grading 0.754 g/t Au at Frasergold
2/17/2009(Frasergold)Hawthorne Assays 58.24 metres Averaging 1.017 g/t Au Near Su...
2/11/2009(Table Mountain (cassiar))Assays 2.21 Metres Averaging 17.92 g/t Au at Cassiar Gold Ca...
2/5/2009(Frasergold)2008 Drilling Confirms Gold Mineralization at Frasergold Con...
7/10/2008(Table Mountain (cassiar))Commences Property Wide Geophysics at Cassiar
2/3/2009(Frasergold)Soil Sampling Program Yields Highly Anomalous Zone 1,000 Met...
1/22/2009(Table Mountain (cassiar))Assays 2.45 Metres averaging 38.17 g/t Au at Cassiar Gold Ca...
1/20/2009(Taurus Project (cassiar))Exploration Team Identifies Priority Areas of Significant Ex...
11/26/2008(Frasergold)2008 Exploration Drilling On Step-Out Section 52+00E Expands...
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Corporate news of China Mineral Mining Corp
5/25/2016BC Government's Information Note Fails To Mention Mineral Ri...
1/26/2016China Minerals Announces Legal Action Against Province of BC
1/25/2016IIROC Trading Resumption - CMV
1/25/2016China Minerals Announces Legal Action Against Province of BC
1/25/2016IIROC Trading Halt - CMV
4/16/2015s Provides Clarifying Updates on Technical Disclosure
4/16/2015China Minerals Provides Clarifying Updates on Technical Disc...
9/10/2013s Appoints Chief Geologist and Commences Exploration at Cass...
10/24/2012s Intersects Gold Zone at Sky Vein Prospect and Provides Cor...
10/2/2012s Reports Further Extension of Taurus Gold Deposit
9/18/2012s Extends Gold Zones at the Taurus Gold Deposit
6/15/2012s Grants Stock Options and Provides Project Update
3/16/2012s to Exhibit at the Mines and Money Hong Kong 2012
9/1/2011New Strategic Growth Plan
7/27/2011s Announces Grant of Options
7/14/2011s Establishes Management Committee
5/10/2011(Table Mountain (cassiar)) Announces a Beijing Delegation to Visit the Cassiar Gold Mi...
4/5/2011Approved Name Change - Hawthorne Gold Corp to Become China ...
1/13/2010Invites You to Attend the 2010 Vancouver Cambridge Confere...
1/5/2010announces the resignation of Paul Fong
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8/20/2009Commences Mining of Bulk Sample from Taurus
7/23/2009to Commence Underground Development to Access the East Bain ...
6/24/2009Completes First Phase of Cassiar Drill Program
6/19/2009Signs Contract with Proactive Investors Limited
6/11/2009Announces Quotation on the Pink Sheets in the United States
6/9/2009Engages O&M Partners LLC
2/13/2009Retains Grandich Publications
1/15/2009Reviews 2008 and Moves Forward into 2009
1/6/2009Completes Purchase of Taurus Gold Deposit at Cassiar Gold Ca...
12/23/2008Acquires Balance of Taurus Gold Deposit at Cassiar Gold Camp
12/13/2008Merry Christmas and a Happy New Year!
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9/17/2008Commences Drilling at Cassiar Gold Camp
4/25/2008Closes Second Tranche of Aggregate $12.3 Million Financing
4/24/2008Jay Taylor Recommends Hawthorne Gold
4/18/2008Closes First Tranche of Financing
4/15/2008and Cusac Gold Close Merger
4/4/2008 The European Gold Forum
4/2/2008 Announces Amended Financing Terms
3/27/2008Cusac Receives Final Court Order For Arrangement with Hawtho...
3/25/2008Further Consolidates Cassiar Gold Camp; Stakes 39,000 hecta...
3/17/2008Announces $20 Million Financing
3/15/2008Cusac Gold Shareholders and Debentureholders Vote Yes to Mer...
2/28/2008Featured in The Grandich Letter
2/20/2008Establishes European Market Presence
12/19/2007and Cusac Gold Mines Enter into Definitive Agreement under R...
11/9/2007and Cusac Gold Mines Agree to Merge
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