Core Viewpoint - Sichuan Gold (001337.SZ) has successfully acquired exploration rights for the Kugez-Quebei gold mine in Xinjiang for 510 million RMB, indicating strong potential in a key mineral-rich area of China [1] Group 1: Company Developments - On August 13, 2025, the Xinjiang Uygur Autonomous Region Natural Resources Department announced the public offering of exploration rights for nine mining projects, including the geothermal survey in the summer of 2025 [1] - Sichuan Gold won the bidding for the exploration rights of the Kugez-Quebei gold mine on September 30, 2025, for a total of 510 million RMB [1] Group 2: Industry Context - The exploration area is located within the Central Tianshan mineralization belt, which is recognized as an important gold mining region in China [1] - The geological conditions in the exploration area are favorable for mineralization, with gold anomaly zones extending several kilometers and aligned with controlling geological structures, indicating significant exploration potential [1]

Core Viewpoint - Sichuan Gold (001337.SZ) has successfully acquired exploration rights for the Kugez-Juebei gold mine in Xinjiang for 510 million yuan, indicating a strategic move to enhance its resource portfolio in a geologically favorable area [1] Group 1: Company Actions - On August 13, the Xinjiang Natural Resources Department announced the auction of nine exploration rights, including the geothermal survey for the summer hotel in Bole City [1] - On September 30, the company won the exploration rights for the Kugez-Juebei gold mine, which is located in a significant gold mineralization belt in China [1] Group 2: Geological Context - The exploration area is characterized by favorable geological conditions, with gold anomalies extending several kilometers and aligned with controlling structures [1] - The mineralization is influenced by northwest-southeast trending folds and faults, suggesting a high potential for mineral discovery [1]