GobiMin Inc., together with its subsidiaries, is engaged in the exploration, development and exploitation of mineral properties, mainly in the Xinjiang Uygur Autonomous Region of China.
GobiMin holds 70% equity interest of Sawayaerdun Gold Project. The Gold Project is estimated to contain Indicated resources of approximately 2.3 million oz gold with average grade of 1.3 grams/tonne and Inferred resources of approximately 1.9 million oz gold with average grade of 0.8 grams/tonne according to the NI 43-101 report issued in April 2012. GobiMin will from time to time review and update the resource estimate in accordance with NI 43-101 standards.
GobiMin also owns equity interests in four base metals exploration companies for nickel, copper, gold in Xinjiang, China. GobiMin also holds a 48.02% equity interest in a silver operation and 8% in Yanxi Copper Project.
With its healthy financial position, GobiMin is progressively developing the Sawayaerdun Gold Project and actively seeking for high quality exploration and mining projects.
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