Sino Gold Limited (ASX:SGX, SEHK:1862) regrets to advise that last night an employee of our underground mining contractor was fatally injured.
Our deepest sympathies are extended to the family, friends and work colleagues and our thoughts are with them during this sad time.
An investigation is underway to ensure the maximum learnings can be derived from this unfortunate accident.
About White Mountain
White Mountain is located 230km south-southeast of Changchun, the capital city of Jilin Province in northeast China. Sino Gold owns 95% of the project and the surrounding 128km2 exploration licences.
The White Mountain project is located 7km from the prefecture level city of Baishan, a coal and iron ore mining centre.
A major northeast trending regional fault zone hosts the gold mineralisation at White Mountain, with mineralisation known to extend 1.5km along strike.
Mineral Resources total 12.4 million tonnes at 3.0g/t gold, containing 1.2 million ounces gold and Ore Reserves total 6.5 million tonnes at 3.8g/t gold, containing 784,000 ounces.
In August 2007, the Companys Board of Directors approved the development of White Mountain, primarily comprising an underground mine and a CIL processing plant.
Gold production averaging 65,000 ounces per annum is planned to result from design mill throughput of approximately 650,000 tonnes per annum and overall gold recoveries averaging 80%. Production is expected to ramp up to these levels over the course of 2009.
For further information regarding Sino Gold please contact:
Investor Enquiries: Roger Howe, Investor Relations
+61 2 8259 7000, info@sinogold.com.au
Media Enquiries:Kate Kerrison
+61 2 6746 3221, kate@katekerrison.com.au
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