It composes of gold properties located in the southern area of Hami which are under exploration. We have completed some exploratory drifts and exploratory shafts. Certain infrastructure has been completed with access roads, electricity and water in place.
No potential reserve has yet been observed but the Group will keep on the exploration work. However, due to the decreasing trend of gold prices and the increasing trend of mining costs during the recent years, the Group will not spend too much more expenditures on the gold project at present.