China Nonferrous Gold LtdFRA China Nonferrous Stock Report

China Nonferrous Gold Ltd. engages in the exploration and development of mineral properties in Tajikistan. The firm is focused on projects in Tajikistan. The firm has an exploration and trial license over the Pakrut license area, which covers approximately 63 square kilometers (km2). The license area is located in the Tian Shan Gold Belt. The Company, through its subsidiary LLC Pakrut, has an exploration and trial mining license over the Pakrut Licence Area, an exploration area that extends approximately 6,300 hectares. The company has 100% ownership of production on the Pakrut Gold Project. The firm has a full mining license for the Pakrut Gold Project from the Government of the Republic of Tajikistan. Total JORC Code-compliant resources of 4,808,000oz Au, assuming a 0.75g/t cut-off grade, have been defined at the Pakrut Gold Project. In addition to the Pakrut Gold Project, it is focusing on three additional mineralized systems within the exploration license area: Eastern Pakrut, Rufigar and Sulfidnoye.