Core Viewpoint - Lingbao Gold announced the completion of exploration work above the -350 meter elevation at the Tongbai Laowan gold mining area, with the first JORC-compliant mineral resource report released, indicating significant growth in gold metal quantity [1] Group 1: Exploration and Resource Estimates - The estimated total ore volume in the mining area is 12.73 million tons, with a gold grade of 4.28 grams per ton, resulting in a gold metal quantity of 1.753 million ounces (54.51 tons) [1] - Compared to December 31, 2024, the gold metal quantity increased by 737,000 ounces (22.94 tons), representing a growth rate of 73% due to new exploration efforts [1] Group 2: Future Plans - The mineralization below -350 meters remains open, with the deepest observed mineralization at -1284 meters, and further drilling plans are underway [1] - Administrative work for future capacity expansion is being conducted simultaneously with ongoing drilling efforts [1]
灵宝黄金：桐柏老湾金矿区完成全区勘探工作