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DRAGON MOUNTAIN GOLD LIMITED - ASX: DMG
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Description
Dragon Mountain Gold Limited ("the Company") is a public company registered in Perth, Western Australia which has been operating in China since its incorporation in September 2004.
The Company’s most advanced project is the Lixian Project which hosts significant Chinese classified resources and JORC-Code compliant Indicated and Inferred Mineral Resource in an historical gold producing area of the Gansu province in central China. The Company has submitted the Mining Area Demarcation application for the Liba area, which includes the Zhao Gou and Ma Gou deposits within the Lixian Project. This application is the first step in applying for a Mining Licence and is currently under assessment by the Ministry of Lands and Resources in China.
The Company also has a majority interest in the Xinjiang Projects located in north-west China, where granted licences cover approximately 588km2 of select areas within the geologically significant Tian Shan Orogenic Belt. The Dashankou and Sahentohai Projects are located in areas containing known gold mineralisation with Dashankou featuring drill ready targets. The Halke Shan Project is a grass roots conceptual target with limited previous exploration.
The Company has a highly skilled and experienced Board and management team in exploration, project evaluation and development, mining and public company corporate skills.
Mine For
gold
Location of operation(s)
China
Address
Suite 4, 62 Ord Street
WEST PERTH, WA, AUSTRALIA
Phone
(08) 9215 6300
Website
http://www.dragonmountain.com.au
Last Updated
24/04/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.