Yulong Co., Ltd. (601028.SH) Pachingo Gold Mine Storage Expansion

Zhitongcaijing · 10/16 08:41

Zhitong Finance App News, Yulong Co., Ltd. (601028.SH) announced recently, according to the latest “Annual Mineral Resource Statement” issued by Yuxin Holdings Pty Limited (“Yuxin Holdings”), a wholly-owned subsidiary of the company, as of June 30, 2024, the Pachingo Gold Mine had 134.91 million tons of ore in line with JORC standards, an increase of 2.583 million tons over the same period last year. tons), an increase of 202,000 ounces (6.28 tons) over the same period last year, with an average grade of 5.1 g/ton.

Through effective resource management and strategies for prospecting and increasing reserves, the company's gold resource reserves have been enhanced, the value of mine resources has been enhanced, and the company's sustainable development capacity has been strengthened. The company will continue to increase its prospecting and reserves to enhance the company's core competitiveness.