TIDMCNG 
 
 

5th July 2016

 

China Nonferrous Gold Limited ??????????

 

("CNG" or the "Company")

 

Resignation of Director

 

China Nonferrous Gold Limited ?????????? (AIM: CNG), the mineral exploration and mining company currently mining the Pakrut gold project in the Republic of Tajikistan, announces that Wang Yubin, who has been an Executive Director of the Company, has today resigned from the Board of the Company for personal reasons.

 

For further information please visit the Company's website (www.cnfgold.com) or contact:

 

China Nonferrous Gold Limited

 

David Tang, Managing Director

 

Tel: +86 10 8442 6681

 

Investec Bank Plc

 

Jeremy Ellis, George Price

 

Tel: +44 (0)20 7597 5970

 

Beaufort Securities Limited

 

Jon Belliss

 

Tel: +44 (0)20 7382 8300

 

Blytheweigh

 

Tim Blythe, Camilla Horsfall

 

Tel: +44 (0)20 7138 3224

 

Project Summary

 

The Pakrut gold project, of which CNG has 100 per cent ownership, is situated in Tajikistan approximately 120km northeast of the capital city Dushanbe. Pakrut is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which hosts a number of multi-million ounce gold deposits.

 

CNG is currently in a commissioning phase with mining contractors on site finalising constructing of the mine, plant, tailings dam and refinery.

 

About Tajikistan

 

Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. CNG's management team has extensive experience in the mining industry in Tajikistan.

 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20160705005610/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

July 05, 2016 08:30 ET (12:30 GMT)