VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 16, 2011) - China Gold International Resources Corp. Ltd. (News - Market indicators)(HK:2099) ("China Gold International" or the "Company") is pleased to report that the Deputy Minister of Ministry of Land and Resources of the People's Republic of China (the "Ministry), met with the Company during the 2011 Prospectors and Developers Association of Canada (PDAC) mining conference in Toronto.
Deputy Minister Wang acknowledged the growing international presence and success of Chinese mining enterprises affirming also the Green Mine concept ,and singled out China Gold International in particular in this regard. Mr. Song Xin, the CEO of China Gold International, expressed thanks to Deputy Minister Wang. Mr. Song Xin also commented that the Company had benefitted from the full support of the Chinese government and the Ministry through China National Gold Group (CNG), the Company's largest shareholder, and he expressed thanks again to the support given by the Ministry on behalf of both companies.
The Company continues to expand its international presence, and at PDAC met and built new relationships with a number of targeted parties with leadership roles in the mining and the financial industry. China Gold International is investigating business development opportunities globally in furtherance of its mandate as the flagship international mineral company of the China National Gold Group.
About China Gold International Resources Corp. Ltd.:
China Gold International Resources Corp. Ltd. is a mining company whose principal properties are the CSH gold mine and the Jiama copper poly-metallic Mine. The Company's shares are listed on the TSX under the symbol "CGG" and on the HKSE under stock code "2099". China National Gold Group Corporation, a Chinese state-owned enterprise owns approximately 39% of China Gold International Resources Corp. Ltd.'s shares.
Forward-looking statements
Certain statements made herein, and other statements relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information and statements are typically identified by words such as "anticipate", "could", "should", "expect", "seek", "may", "intend", "likely", "plan", "estimate", "will", "believe" and similar expressions suggesting future outcomes or statements regarding an outlook. All such forward-looking information and statements are based on certain assumptions and analysis made by China Gold International Resources Corp. Ltd.'s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading "Risks and Uncertainties" elsewhere in the Company's MD&A filed at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company does not assume the obligation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.
