ProAsianGold Evaluates the New Regions Available for Mining Operations

Industry: Business

The company implements measures to improve the exploration process while taking the estimated mineral resource into consideration

Zhengzhou, China (PRUnderground) December 28th, 2022

ProAsianGold (ISIN: CN3475392059), a leading, growth-focused gold mining company that is consistently generating superior returns, dedicated to delivering on its values and promises, and always focused on improving its environmental, social and governance performance, is pleased to share its current exploration activities and potential resource development beyond the most recent mineral resource estimate (MRE).

The recurring exploration is mainly focused on two aspects: the expansion of the initial resource within the MRE areas, which is expected to currently provide a potential additional resource ranging from 10Mt at 1.0 g/t Au to 30Mt at 0.8 g/t Au; and outside the MRE, which has seen strong positive exploration results but has not yet been included in the reported MRE.

“We are even more excited about the growth potential that will be realized now that more than 6,000 meters of drilling have been completed in our extended resource target areas and more recent findings have been made. We want to continue looking at and converting these potential development sites into more ounces in limited pits in the following months”, said Lam Quifu, Senior Vice President of Operations at

In order to identify additional gold grades and tonnages not found in the stated MRE’s pit shells, the business is continuing its exploration activities by drilling additional holes both inside and outside of the current resources. The expansion of the potential resource was just one of the technical goals of the most recent drilling campaign, which also continued the assessment and tested a few theories about the structure of the mineralization.

About ProAsianGold

The company’s operations deliver superior operational execution by managing safety risks to reach zero harm, continually improving operational performance and meeting commitments without fail. ProAsianGold is sustaining a global portfolio of long-life assets by executing profitable expansions and investing in early-stage prospects with a goal to grow margins, reserves and resources. The company’s business model is a leading one in the industry, delivering profitability and responsibility through consistently generating superior returns, demonstrating its values, and leading in environmental, social and governance performance.

About ProAsianGold

ProAsianGold is a leading, growth-focused gold mining company that has a reputation for consistency and reliability.

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