Overview
The management team brings a wealth of experience in all aspects of exploration, development and project management. It was established with the objective of creating a mid-tier gold-producing company. The business model focuses on identifying high-quality assets and making strategic acquisitions. It then uses its exploration expertise to expand existing deposits to advance the projects to production levels. This company has two mines in Jiangxi Province, China.
Zhangjiafan Gold Mine, PRC
The Company’s principal project is the Zhangjiafan goldmine in Dexing, Jiangxi Province. Jiujiang Gaofeng acquired this gold mine in September, 2004 and has since upgraded this property by investing in a full exploration, mining and milling infrastructure. This mine has an Independent NI 43-101 technical report and is currently in production.
Ruichang Gaofeng Gold Mine, PRC
The second investment is Ruichang Gaofeng, a gold-copper mine in Ruichang, Jiujiang. This is an open pit mine which is a typical Gossan (also known as an icon cap), where intensely oxidized, weathered and decomposed rocks are lying at the surface of the ore deposit. This is a multi-mineral asset associated with gold, silver and copper resources.This mine will undergo an aggressive exploration program of developing new drill targets from re-interpretation of historical data and geophysical surveys to complete an independent NI 43-101 technical review and resource estimation to determine the Indicated Resource bringing it to production in 2012.
Enu Gold Mine, Sulawesi, INDONESIA
PT Intradayan Nusantara Energi (“Intradayan”) is a gold mining investment company established in Jakarta, Indonesia in 2010 as a Foreign Investment Company (PMA). Intradayan has a gold concession of 3,760 hectares in size and has completed a Preliminary Economic Assessment (PEA). The economic assessment was for a potential gravity concentration alluvial goldmine on the oxide resource of the Enu project in Indonesia. The resource estimate of the near surface oxide resource which is separate from the far larger, underlying porphyry resources produced a positive conceptual economic analysis for the project.
