Core Viewpoint - Sichuan Province has made a significant breakthrough in gold mining exploration with the discovery of the Dongbeizhai gold deposit, which has been evaluated to contain an additional gold resource of 28.24 tons, bringing the total confirmed gold resource to 81.06 tons, marking it as the largest gold mine in Sichuan to date [1] Group 1: Exploration and Findings - The Dongbeizhai gold deposit has been classified as a super-large scale mine with an average gold grade of 3.75 grams per ton [1] - The exploration work was conducted by the 10th Geological Brigade of the Provincial Geological Bureau, involving nearly 100,000 meters of drilling and over 4,000 meters of tunnels, along with the collection of 35,000 samples [1] Group 2: Research and Development - In addition to exploration, the project has undertaken multiple specialized studies, including research on mineralization mechanisms and structural relationships, to establish a mining model for "Dongbeizhai-style" fine-grained gold deposits [1] - The project has also conducted beneficiation tests to overcome technical challenges related to high arsenic and high carbon gold ore, laying the groundwork for future development and utilization of the deposit [1] Group 3: Strategic Implications - The discovery of the Dongbeizhai gold deposit alters the traditional landscape of gold exploration and development in Sichuan, providing resource assurance for the establishment of a strategic gold mining base in the western Sichuan region [1] - This breakthrough significantly enhances Sichuan's strategic position in the national gold mining sector and offers valuable experience and demonstration for similar types of mineral exploration across the country [1]

Group 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]

Core Viewpoint - The exploration project of the Dongbeizhai gold mine in Songpan County, Sichuan Province, has passed the evaluation by the Sichuan Mineral Resources Reserve Evaluation Center, revealing significant gold resources and enhancing Sichuan's strategic position in the national gold mining sector [1] Group 1: Resource Discovery - The recent evaluation indicates an additional gold resource of 28.24 tons, bringing the total confirmed gold resource to 81.06 tons, classifying it as a super-large gold deposit [1] - The average gold grade of the Dongbeizhai mine is reported at 3.75 grams per ton, making it the largest gold mine in Sichuan in terms of registered resource volume [1] Group 2: Historical Context and Efforts - The exploration work has been conducted by the Tenth Geological Brigade under the Sichuan Geological and Mineral Exploration and Development Bureau, with drilling efforts totaling nearly 100,000 meters and over 4,000 meters of tunnels constructed [1] - The project has involved the collection of 35,000 samples, leading to a significant breakthrough in mineral discovery after decades of efforts by geologists in Sichuan since the mine's discovery in the 1970s [1] Group 3: Strategic Implications - The discovery of the Dongbeizhai gold deposit is expected to change the traditional landscape of gold exploration and development in Sichuan, providing resource support for establishing a strategic gold mining base in the western region of the province [1] - This development is anticipated to significantly enhance Sichuan's strategic position in the national gold mining field and offer valuable experience and demonstration for similar mineral exploration projects across the country [1]

Core Insights - The exploration project of the Northeast Zhai gold mine in Songpan County, Sichuan, has been approved, revealing a newly added gold resource of 28.24 tons, bringing the total confirmed gold resource to 81.06 tons, making it the largest gold mine in Sichuan to date [1] Group 1: Resource Discovery - The Northeast Zhai gold mine has an average gold grade of 3.75 grams per ton, classifying it as a super-large scale mine [1] - The exploration work was conducted by the 10th Geological Brigade of the Sichuan Geological and Mineral Exploration and Development Bureau, with nearly 100,000 meters of drilling and over 4,000 meters of tunnels constructed [1] Group 2: Strategic Implications - The discovery of the Northeast Zhai gold mine changes the traditional pattern of gold exploration and development in Sichuan, providing resource assurance for establishing a strategic base for gold mining in the western Sichuan region [1] - This development significantly enhances Sichuan's strategic position in the national gold mining sector and offers important experience and demonstration for similar mineral exploration in China [1]

Core Insights - Liaoning Province has successfully identified China's first thousand-ton, low-grade super-large gold deposit, the Dadonggou Gold Mine, with a boundary grade of 0.25 grams per ton [1] - The mine has passed economic feasibility assessments, indicating promising expected benefits [1] Group 1: Exploration and Development - The gold deposit was first discovered in 1983, with significant progress made during surveys in 2009 and 2015 [2] - A new integrated exploration model was implemented in 2024, involving 18 production and research units working collaboratively [2] - During peak construction, 45 drilling rigs operated simultaneously with nearly 1,000 workers, establishing a multi-level collaborative and closed-loop management system [2] Group 2: Technical Innovations - The project successfully installed variable frequency devices in the phyllite area, allowing dynamic control of drilling speed and pressure based on rock hardness [2] - Three-dimensional modeling technology was used to display the mineral deposit's status, and geological statistical methods were applied to estimate resource quantities [2] Group 3: Strategic Importance - The Dadonggou Gold Mine exploration project is a key initiative identified by the Liaoning Provincial Party Committee and government, enhancing national gold resource strategic reserves [3] - The project serves as a successful example for deep and peripheral exploration of existing resource bases, significantly enriching gold deposit formation theories [3] - It plays a crucial role in establishing a world-class gold industry base in Liaodong and supports the comprehensive revitalization of Northeast China [3]

Core Insights - Long Resources (01712) has announced the results of diamond core drilling activities at the Jokisivu gold mine in southern Finland, which includes 19 underground diamond core drill holes and 7 surface diamond core drill holes aimed at assessing the southeastern extension of the Jokisivu structure [1] Group 1: Drilling Results - The drilling activities have identified several high-quality samples, providing insights into the nature and characteristics of gold mineralization in the southeastern part of the Jokisivu deposit [1] - The Jokisivu gold mine is located approximately 180 kilometers northwest of Helsinki and about 40 kilometers southwest of the company's Vammala plant, which processes 300,000 tons annually [1] Group 2: Geological Characteristics - The Jokisivu deposit is a structurally controlled mountain-type gold system situated within the ancient Vammala mixed rock zone, featuring two main parallel veins with varying thickness and grade, located within a shear zone [2] - Gold mineralization extends vertically over 710 meters in the Kujankallio area and over 480 meters in the Arpola area, with ongoing deep mining along the strike [2] Group 3: Ongoing Drilling Plans - The underground diamond core drilling at Jokisivu is ongoing, with a current plan to drill 15 holes in the Basin Zones area at depths of 175 to 190 meters, expected to be completed in the coming weeks with results anticipated in early December [3] - Following the completion of the Basin Zones drilling, the drill rig will move to the Arpola area for a drilling plan targeting 19 holes at depths of 340 to 380 meters [3]

Core Viewpoint - Long Resources (01712) has announced the results of its initial underground diamond core drilling activities at the Jokisivu gold mine in southern Finland for 2025, indicating promising findings that could enhance future mining studies [1] Group 1: Drilling Activities - The report details results from 23 underground diamond core drilling activities at the Arpola main zone between 295 meters and 375 meters, 7 drilling activities at the Arpola main zone between 225 meters and 355 meters, and 10 drilling activities at the Basin zone between 165 meters and 185 meters [1] - The ongoing underground diamond core drilling at Jokisivu includes 18 drill holes targeting the Arpola flying squirrel zone between 170 meters and 240 meters from a depth of 200 meters [1] Group 2: Exploration Plans - Two exploration programs have been completed, one involving 7 drill holes exploring the southeastern extension of the near-surface main structure of Jokisivu, and another involving 21 drill holes targeting the known mineralized zone of the Uunim ki gold project [1] - Final results from both exploration activities are pending and will be announced on the stock exchange as soon as available [1]

Group 1 - The article reports a significant breakthrough in gold mining in the Yemaquan West Mining Area of Yizhou District, Hami City, Xinjiang, where a gold deposit has been confirmed with a total gold metal amount of 5,857.68 kilograms [1] - The average gold grade of the ore is approximately 1.60 grams per ton, with the highest grade reaching 40 grams per ton [1] - According to national standards for mineral resource reserves classification, this gold mine qualifies as a medium-sized mine, as its reserves meet the criteria of being greater than or equal to 5 tons but less than 20 tons [1]