Yazhou-Huangjin Initiates Geotechnical Drilling Program at Fujian Project in China’s South-Eastern Fujian Province

Yazhou Huangjin (ISIN: CN8874103601), a gold exploration and development company committed to being the gold investment that works for our shareholders, our operating partners and our communities, today announced the commencement of geotechnical drilling to assist in permitting activities for the projected subsurface bulk sample operation at the Fujian Project it owns.

Yazhou Huangjin will use the current layout while optimizing the development design as necessary. The company has chosen a new zone as the starting target for test mining. It will be required to drill six geotechnical holes in order to complete the detailed engineering for the proposed portal and descent.

A total of six drill holes totaling about 700 meters will be made: two in the portal and box cut region, two along the decline, one deeper hole into the new zone bulk sample stopes, and one shallow hole through the intended vent raise.

To characterize the engineering properties of the rock units that will be encountered throughout development, thorough geotechnical logging and strength testing will be carried out. Input for the detailed design of the bulk sample, including box cut and portal design, ground support recommendations, stope size and dilution estimation, and rock mechanics design and best mining practices, will be provided by the collected data. These areas will be characterized by the quality of the rock mass and the structural domains.

“We maintain a systematic strategy towards the progression of the Fujian Project, taking the essential steps to apply for permission to conduct test mining while broadening our understanding”, stated Tsua Genjo, Executive Vice President and Chief Operating Officer at Yazhou Huangjin.

About Yazhou Huangjin

Yazhou-Huangjin.com is a world-class gold mining and exploration company operating in Jiangle County, Fujian, People’s Republic of China – one of the world’s premier new gold regions. Our mission is to grow into one of the most valued gold mining companies by identifying, acquiring, and managing the greatest assets and personnel in order to generate long-term profits for our shareholders and partners. We are devoted to cooperating with the nations and communities that will serve as our hosts in order to convert their natural resources into meaningful benefits and shared prosperity. Our portfolio is concentrated on high-margin, long-life assets and encompasses the world’s most productive gold areas. As valued members of our communities, we generate economic activity to earn our social license. We monitor the effects of our operations and work to set the standard for the best safety, health, and environmental practices in the industry.