Xin Lang Cai Jing·2025-11-27 01:39Group 1: Project Overview - The "Northeast Zhai Gold Mine Exploration" project in Songpan County, Sichuan Province has passed the evaluation by the Sichuan Mineral Resources Reserve Evaluation Center, revealing an additional gold resource of 28.24 tons, bringing the total confirmed gold resources to 81.06 tons, classifying it as a super-large scale mine with an average gold grade of 3.75 grams per ton [1][2] - The exploration work was conducted by the Tenth Geological Brigade of the Sichuan Geological and Mineral Exploration and Development Bureau, with significant efforts including nearly 100,000 meters of drilling and over 4,000 meters of tunnels [1] Group 2: Financial Implications - The total confirmed gold resource at the Northeast Zhai Gold Mine is estimated to be approximately 260 million ounces, valued at over 76 billion RMB based on current spot gold prices [1] - The exploration rights are held by Songpan County Zijin Industry and Trade Co., Ltd., which has a registered capital of 180 million RMB and is backed by several stakeholders including Zijin Mining Group [2][3] Group 3: Company Background - Zijin Mining Group is a large multinational mining group engaged in the exploration and development of metal mineral resources, listed on both Shanghai A-shares and Hong Kong H-shares [6] - In the latest quarterly report, Zijin Mining reported a revenue of 254.2 billion RMB for the first three quarters, a year-on-year increase of 10.33%, and a net profit of 37.864 billion RMB, up 55.45% year-on-year, surpassing the total net profit for the previous year [6]