Continental Minerals Corporation and Great China Mining Inc.: Drilling Continues to Expand Xietongmen Deposit-Project Advances Toward Feasibility.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Continental Minerals Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:KMK KMK Kottonmouth Kings (band) KMK Karlsruher Messe- und Kongress-Gmbh KMK Kiss Me Kate KMK Keating Muething and Klekamp PLL )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :KMKCF) and Great China Mining Inc. formerly China NetTV Holdings Inc. (OTCBB:GCHA GCHA Greater Cincinnati Handball Association GCHA Greenlawn-Centerport Historical Association (New York) GCHA Gold Coast Hockey Association GCHA Golf Club Harrachov GCHA Grid Computing and High Availability ) - Comprehensive drilling, engineering, socio-economic socio-economic adj → socioeconómico socio-economic adj → socioéconomique & environmental studies planned for 2006 Gerald S Gerald - ["Gerald: An Exceptional Lazy Functional Programming Language", A.C. Reeves et al, in Functional Programming, Glasgow 1989, K. Davis et al eds, Springer 1990]. . Panneton, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Continental Minerals Corporation, and Anthony Garson, President and CEO of Great China Mining Inc. formerly China NetTV Holdings Inc. announce the results from the final 19 core holes drilled in 2005 at the Xietongmen copper-gold deposit. Continental is the operator of the Xietongmen Project, which is located 240 kilometres southwest Southwest or south west is the ordinal direction halfway between south and west, the opposite of northeast. Southwest or south west may also refer to:
n. A political organization founded and controlled by a national Communist party. of China. Long intervals with excellent grades of copper and gold continue to be intersected. New results, from drill holes numbered 5023, 5045 through 5056, and 5058 through 5063, are tabulated below:
XIETONGMEN PROJECT NEW ASSAY RESULTS
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Inter- Inter- Cu Au CuEQ AuEQ
Drill From To cept cept (1) (1) (2) (2)
Hole (metres) (metres) (metres) (feet) % g/t % g/t
--------------------------------------------------------------------
5023 18.0 237.1 219.1 719 0.44 0.60 0.79 1.35
--------------------------------------------------------------------
5023 Incl. 38.0 157.0 119.0 390 0.60 0.79 1.06 1.81
--------------------------------------------------------------------
5023 and 76.0 140.0 64.0 210 0.70 0.89 1.23 2.10
--------------------------------------------------------------------
5045 133.7 378.0 244.3 802 0.25 0.34 0.45 0.77
--------------------------------------------------------------------
5045 Incl. 133.7 247.5 113.8 373 0.30 0.40 0.53 0.91
--------------------------------------------------------------------
5046 131.0 332.0 201.0 659 0.47 0.77 0.91 1.57
--------------------------------------------------------------------
5046 Incl. 199.0 259.0 60.0 197 0.57 1.21 1.28 2.19
--------------------------------------------------------------------
5047 41.7 195.0 153.3 503 0.68 0.73 1.11 1.90
--------------------------------------------------------------------
5047 Incl. 134.0 195.0 61.0 200 0.78 0.96 1.33 2.29
--------------------------------------------------------------------
5048 134.0 296.0 162.0 532 0.53 0.82 1.00 1.72
--------------------------------------------------------------------
5048 Incl. 178.0 208.0 30.0 98 0.72 1.04 1.33 2.28
--------------------------------------------------------------------
5048 Incl. 236.0 290.0 54.0 177 0.57 0.94 1.12 1.92
--------------------------------------------------------------------
5049 62.1 94.0 31.9 105 0.56 0.35 0.76 1.31
--------------------------------------------------------------------
5050 16.3 114.0 97.7 321 0.83 0.53 1.14 1.96
--------------------------------------------------------------------
5050 Incl. 57.0 112.0 55.0 180 1.10 0.76 1.54 2.65
--------------------------------------------------------------------
5051 122.0 282.0 160.0 525 0.52 0.99 1.09 1.87
--------------------------------------------------------------------
5051 Incl. 146.0 252.0 106.0 348 0.64 1.13 1.30 2.22
--------------------------------------------------------------------
5051 and 170.0 238.0 68.0 223 0.75 1.27 1.49 2.56
--------------------------------------------------------------------
5052 71.0 203.0 132.0 433 0.34 0.51 0.64 1.09
--------------------------------------------------------------------
5053 44.0 241.0 197.0 646 0.49 0.73 0.91 1.56
--------------------------------------------------------------------
5053 Incl. 104.1 134.0 29.9 98 0.60 1.15 1.27 2.18
--------------------------------------------------------------------
5054 13.2 115.0 101.8 334 0.62 0.55 0.94 1.61
--------------------------------------------------------------------
5054 Incl. 13.2 52.6 39.4 129 0.81 0.44 1.07 1.83
--------------------------------------------------------------------
5054 Incl. 93.0 113.0 20.0 66 0.68 1.00 1.27 2.17
--------------------------------------------------------------------
5055 79.4 206.0 126.6 415 0.28 0.38 0.50 0.86
--------------------------------------------------------------------
5056 22.0 172.0 150.0 492 0.47 0.61 0.83 1.42
--------------------------------------------------------------------
5056 Incl. 44.0 104.0 60.0 197 0.61 0.69 1.01 1.73
--------------------------------------------------------------------
5058 24.4 33.0 8.6 28 0.88 0.58 1.22 2.09
--------------------------------------------------------------------
5058 108.0 398.1 290.1 952 0.44 0.54 0.75 1.29
--------------------------------------------------------------------
5058 Incl. 156.0 192.0 36.0 118 0.62 0.60 0.97 1.67
--------------------------------------------------------------------
5058 Incl. 323.0 359.0 36.0 118 0.49 0.69 0.89 1.53
--------------------------------------------------------------------
5059 22.0 181.0 159.0 522 0.54 0.57 0.87 1.49
--------------------------------------------------------------------
5059 Incl. 74.0 113.0 39.0 128 0.57 0.77 1.02 1.74
--------------------------------------------------------------------
5060 134.0 315.5 181.5 595 0.53 1.15 1.20 2.06
--------------------------------------------------------------------
5060 Incl. 173.0 285.0 112.0 367 0.64 1.28 1.39 2.38
--------------------------------------------------------------------
5060 and 255.7 285.0 29.3 96 0.57 0.98 1.14 1.96
--------------------------------------------------------------------
5061 34.3 111.0 76.7 252 0.25 0.34 0.45 0.77
--------------------------------------------------------------------
5061 Incl. 34.3 71.0 36.7 120 0.29 0.44 0.55 0.93
--------------------------------------------------------------------
5061 129.0 156.0 27.0 89 0.35 0.60 0.69 1.19
--------------------------------------------------------------------
5062 79.1 396.7 317.6 1042 0.43 0.64 0.81 1.38
--------------------------------------------------------------------
5063 111.9 229.2 117.3 385 0.58 0.89 1.09 1.88
--------------------------------------------------------------------
5063 Incl. 129.8 226.0 96.2 316 0.62 0.95 1.18 2.02
--------------------------------------------------------------------
5063 and 173.3 226.0 52.7 173 0.69 1.12 1.35 2.31
--------------------------------------------------------------------
(1) Copper capped at 5%, gold capped at 10 g/t for all calculations.
(2) Copper and gold equivalent calculations use metal prices of
US$1.00/lb for copper and US$400/oz for gold.
Adjustment factors to account for differences in relative
metallurgical recoveries for gold and copper will depend upon
the completion of definitive metallurgical testing.
CuEQ equals Cu % + (Au g/t x 12.86/22.046)
AuEQ equals (Cu % x 22.046/12.86) + Au g/t
High-grade High-grade Credit quality of AAA or AA. high-grade Of, relating to, or being a bond with little risk of default on the part of the issuer. High-grade is usually reserved for bonds rated AAA or AA by the rating services. copper and gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. was intersected over long intervals in all of the 62 holes drilled at the Xietongmen deposit during the 2005 program. The mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. intercepts average about 210 metres in length, and show strong continuity to the mineralization within the deposit. The area tested by vertical drill holes now measures approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 800 metres northwest-southeast by 350 metres northeast-southwest. This substantial copper-gold deposit discovery remains open to expansion. A table of assay ASSAY. A chemical examination of metals, by which the quantity of valuable or precious metal contained in any mineral or metallic mixture is ascertained. 2. By the acts of Congress of March 3, 1823, 3 Story's L. U. S. 1924; of June 25, 1834, 4 Shars. cont. Story's L. U. S. results for all drill holes completed at the Xietongmen deposit during 2005 is attached. A Property Location Map, a Drill Hole Plan and Cross Sections are posted on the websites: www.continentalminerals.com & www.greatchinamining.com. In response to the positive results, a substantial program is planned for 2006. Plans, budgets and schedules are now being worked up for comprehensive programs and studies, including significant drilling, resource estimates, metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. testing and mine planning, and baseline The horizontal line to which the bottoms of lowercase characters (without descenders) are aligned. See typeface. baseline - released version environmental and socioeconomic so·ci·o·ec·o·nom·ic adj. Of or involving both social and economic factors. socioeconomic Adjective of or involving economic and social factors Adj. 1. studies. The goal is to collect the engineering, environmental and socioeconomic data necessary to complete a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. for the project in 2007. In conjunction conjunction, in astronomy conjunction, in astronomy, alignment of two celestial bodies as seen from the earth. Conjunction of the moon and the planets is often determined by reference to the sun. with these activities, the community engagement program will be expanded with the long term objective to ensure that the project provides direct, tangible Possessing a physical form that can be touched or felt. Tangible refers to that which can be seen, weighed, measured, or apprehended by the senses. A tangible object is something that is real and substantial. An automobile is an example of tangible Personal Property. benefits for local residents and communities. Hence, active dialogue with the local residents in the Tibetan villages and the various authorities in the region will be ongoing in order that the project proceeds in a manner that respects local socio-economic priorities and incorporates a high standard of environmental management. The Xietongmen project is well located for development. Available infrastructure is excellent, including a paved pave tr.v. paved, pav·ing, paves 1. To cover with a pavement. 2. To cover uniformly, as if with pavement. 3. To be or compose the pavement of. highway and electric transmission lines that pass near the southern end of the property. The highway provides direct access to the city of Rikaze (population 100,000), approximately 53 kilometres to the east, where fuel, food, lodging Lodging or holiday accommodation is a type of accommodation. People who travel and stay away from home for more than a day need lodging mainly for sleeping. Other purposes are safety, shelter from cold and rain, having a place to store luggage and being able to take a and office facilities are available. Other supplies, heavy equipment, equipment operators and vehicles are readily obtainable in Lhasa, a drive of less than four hours from Rikaze. A new railway has recently been completed to Lhasa which connects to multiple copper smelters and other industrial centres located throughout China. Construction of a railway extension from Lhasa to Rikaze (and possibly right past the property) has just been announced. Mark Rebagliati, P.Eng P.Eng Professional Engineer ., a Qualified Person as defined under National Instrument 43-101, is supervising the drilling program and quality assurance and quality control ("QAQC QAQC Quality Assurance/Quality Control QAQC Quality Assurance/Quality Checks (US DoD) ") programs on behalf of Continental Minerals Corporation. The program includes rigorous QAQC procedures. Acme (company, jargon) ACME - /ak'mee/ 1. A Company that Makes Everything. The canonical imaginary business. Possibly also derived from the word "acme" meaning "highest point". 2. A program for MS-DOS. Analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. Laboratories of Vancouver, BC, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. laboratory, performs the sample preparation and assaying assaying (əsā`yĭng, ăs`āyĭng), in metallurgy, process of determining the specific metallic content of an ore, alloy, or other substance, especially one containing precious metals. for the project. Gold analysis is by 30 g Fire Assay fusion fusion, in physics. 1 The change of a substance from the solid to the liquid state, also known as melting. The heat given up by a unit mass of a substance during fusion is called the latent heat of fusion. See also melting point. with an Inductively in·duc·tive adj. 1. Of, relating to, or using logical induction: inductive reasoning. 2. Electricity Of or arising from inductance: inductive reactance. Coupled Plasma-Emission Spectroscopy spectroscopy Branch of analysis devoted to identifying elements and compounds and elucidating atomic and molecular structure by measuring the radiant energy absorbed or emitted by a substance at characteristic wavelengths of the electromagnetic spectrum (including gamma ray, (ICP-ES ICP-ES Inductively Coupled Plasma Emission Spectroscopy ) finish. Copper assays are done by four acid digestion digestion Process of dissolving and chemically converting food for absorption by cells. In the mouth, food is chewed, mixed with saliva, which begins to break down starches, and kneaded by the tongue into a ball for swallowing. with an ICP-ES finish. Continental includes standards, blanks and duplicates in addition to the laboratory's internal quality control work. Gerald S. Panneton, President and CEO Continental Minerals Corporation This release includes certain statements that may be deemed "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation Exploitation See also Opportunism. Barnum, P. T. (1810–1891) circus impressario famous for his saying, “Never give a sucker an even break.” [Am. Hist. activities and events or developments that the companies expect are forward-looking statements. Although the companies believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Continental Minerals Corporation, Investors should review the Company's annual Form 20-F filing with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities Commission at www.sec.gov See .gov and GovNet. (networking) gov - The top-level domain for US government bodies. and its home jurisdiction filings that are available at www.sedar.com. For more information on Great China Mining Inc., Investors should review the Company's annual Form with the United States Securities Commission at www.sec.gov.
XIETONGMEN ASSAY TABLE
January 23, 2006
--------------------------------------------------------------------
Inter- Inter- Cu Au CuEQ AuEQ
Drill From To cept cept (1) (1) (2) (2)
Hole (metres) (metres) (metres) (feet) % g/t % g/t
--------------------------------------------------------------------
5001 15.8 277.6 261.8 859 0.41 0.60 0.76 1.30
--------------------------------------------------------------------
5001 Incl. 44.6 70.0 25.5 84 0.74 0.81 1.22 2.09
--------------------------------------------------------------------
5002 8.6 259.9 251.3 824 0.55 0.82 1.02 1.75
--------------------------------------------------------------------
5002 Incl. 44.5 77.2 32.7 107 0.96 0.77 1.41 2.42
--------------------------------------------------------------------
5003 2.5 226.1 223.6 734 0.37 1.05 0.99 1.70
--------------------------------------------------------------------
5003 Incl. 99.1 123.2 24.1 79 0.92 2.45 2.35 4.02
--------------------------------------------------------------------
5004 46.5 294.0 247.5 812 0.57 0.67 0.96 1.65
--------------------------------------------------------------------
5004 Incl. 46.5 188.0 141.5 464 0.70 0.77 1.15 1.97
--------------------------------------------------------------------
5005 20.4 200.0 179.6 589 0.36 0.53 0.67 1.15
--------------------------------------------------------------------
5005 Incl. 20.4 122.5 102.1 335 0.43 0.63 0.80 1.37
--------------------------------------------------------------------
5006 18.7 242.7 224.0 735 0.49 0.76 0.94 1.61
--------------------------------------------------------------------
5006 Incl. 18.7 121.6 102.9 338 0.71 0.99 1.28 2.20
--------------------------------------------------------------------
5007 41.2 97.0 55.8 183 0.88 0.29 1.05 1.80
--------------------------------------------------------------------
5007 151.0 195.0 44.0 144 0.22 0.70 0.63 1.08
--------------------------------------------------------------------
5008 17.0 306.0 289.0 948 0.63 1.07 1.25 2.14
--------------------------------------------------------------------
5008 Incl. 40.2 70.0 29.8 98 1.05 0.89 1.57 2.69
--------------------------------------------------------------------
5008 Incl. 155.0 181.3 26.3 86 0.98 1.67 1.95 3.35
--------------------------------------------------------------------
5009 82.0 137.5 55.5 182 0.42 0.47 0.69 1.19
--------------------------------------------------------------------
5010 36.7 122.0 85.3 280 0.63 0.50 0.91 1.57
--------------------------------------------------------------------
5010 Incl. 41.0 88.2 47.2 155 0.81 0.55 1.13 1.93
--------------------------------------------------------------------
5010 and 41.0 63.0 22.0 72 1.08 0.69 1.48 2.54
--------------------------------------------------------------------
5011 45.3 301.9 256.6 842 0.66 0.89 1.18 2.03
--------------------------------------------------------------------
5011 Incl. 45.3 184.0 138.7 455 0.80 0.94 1.35 2.31
--------------------------------------------------------------------
5011 Incl. 254.0 300.0 46.0 151 0.70 1.04 1.30 2.23
--------------------------------------------------------------------
5012 24.0 332.5 308.5 1012 0.87 1.26 1.61 2.76
--------------------------------------------------------------------
5012 Incl. 24.0 106.0 82.0 269 1.36 0.83 1.84 3.16
--------------------------------------------------------------------
5012 and 24.0 61.0 37.0 121 2.15 0.62 2.52 4.31
--------------------------------------------------------------------
5012 Incl. 119.1 332.5 213.4 700 0.72 1.46 1.57 2.69
--------------------------------------------------------------------
5013 42.0 349.4 307.4 1009 0.64 0.76 1.09 1.87
--------------------------------------------------------------------
5013 Incl. 66.0 176.0 110.0 361 0.83 0.89 1.35 2.32
--------------------------------------------------------------------
5014 76.0 304.0 228.0 748 0.51 0.84 1.00 1.71
--------------------------------------------------------------------
5014 Incl. 76.0 112.0 36.0 118 0.74 0.91 1.27 2.17
--------------------------------------------------------------------
5014 Incl. 171.0 211.0 40.0 131 0.59 0.94 1.14 1.95
--------------------------------------------------------------------
5015 48.3 363.9 315.6 1035 0.61 1.11 1.26 2.16
--------------------------------------------------------------------
5015 Incl. 182.0 232.0 50.0 164 0.79 1.49 1.65 2.84
--------------------------------------------------------------------
5015 Incl. 253.3 344.0 90.7 298 0.62 1.53 1.51 2.59
--------------------------------------------------------------------
5016 87.0 339.0 252.0 827 0.55 0.79 1.01 1.73
--------------------------------------------------------------------
5017 28.6 284.1 255.5 838 0.69 0.99 1.27 2.18
--------------------------------------------------------------------
5017 Incl. 28.6 79.0 50.4 165 1.07 0.97 1.63 2.80
--------------------------------------------------------------------
5017 and 28.6 49.0 20.4 67 1.61 1.03 2.21 3.79
--------------------------------------------------------------------
5017 Incl. 172.0 284.1 112.1 368 0.70 1.23 1.42 2.43
--------------------------------------------------------------------
5018 12.0 208.0 196.0 643 0.59 0.81 1.06 1.82
--------------------------------------------------------------------
5018 Incl. 22.0 167.0 145.0 476 0.63 0.84 1.12 1.91
--------------------------------------------------------------------
5019 38.0 46.0 8.0 26 0.72 0.08 0.76 1.31
--------------------------------------------------------------------
5019 66.0 365.0 299.0 981 0.56 0.80 1.02 1.75
--------------------------------------------------------------------
5019 Incl. 92.1 201.0 108.9 357 0.71 0.94 1.26 2.16
--------------------------------------------------------------------
5019 Incl. 315.9 362.6 46.7 153 0.61 1.08 1.24 2.13
--------------------------------------------------------------------
5020 80.0 288.0 208.0 682 0.54 0.69 0.94 1.61
--------------------------------------------------------------------
5020 Incl. 106.0 142.0 36.0 118 0.78 0.78 1.24 2.12
--------------------------------------------------------------------
5020 Incl. 187.0 288.0 101.0 331 0.53 0.85 1.02 1.75
--------------------------------------------------------------------
5021 53.0 374.0 321.0 1053 0.55 1.03 1.15 1.97
--------------------------------------------------------------------
5021 Incl. 53.0 297.0 244.0 801 0.62 1.11 1.27 2.17
--------------------------------------------------------------------
5021 and 119.0 297.0 178.0 584 0.68 1.36 1.47 2.52
--------------------------------------------------------------------
5021 Incl. 306.1 315.0 8.9 29 0.73 1.34 1.51 2.58
--------------------------------------------------------------------
5022 16.0 211.0 195.0 640 0.60 0.84 1.09 1.86
--------------------------------------------------------------------
5022 Incl. 119.0 187.0 68.0 223 0.78 1.03 1.38 2.36
--------------------------------------------------------------------
5023(i) 18.0 237.1 219.1 719 0.44 0.60 0.79 1.35
--------------------------------------------------------------------
5023(i)
Incl. 38.0 157.0 119.0 390 0.60 0.79 1.06 1.81
--------------------------------------------------------------------
5023(i)
and 76.0 140.0 64.0 210 0.70 0.89 1.23 2.10
--------------------------------------------------------------------
5024 113.0 370.6 257.6 845 0.60 0.94 1.15 1.96
--------------------------------------------------------------------
5024 Incl. 154.3 306.0 151.7 498 0.80 1.25 1.53 2.62
--------------------------------------------------------------------
5025 100.0 316.0 216.0 709 0.56 0.95 1.11 1.91
--------------------------------------------------------------------
5025 Incl. 158.0 316.0 158.0 518 0.57 1.10 1.21 2.07
--------------------------------------------------------------------
5026 47.0 324.0 277.0 909 0.44 0.66 0.83 1.42
--------------------------------------------------------------------
5026 Incl. 168.0 288.0 120.0 394 0.56 0.90 1.08 1.85
--------------------------------------------------------------------
5026 Incl. 248.0 288.0 40.0 131 0.66 1.39 1.48 2.53
--------------------------------------------------------------------
5027 90.5 363.0 272.5 894 0.43 0.56 0.75 1.29
--------------------------------------------------------------------
5027 Incl. 279.0 363.0 84.0 276 0.47 0.82 0.95 1.62
--------------------------------------------------------------------
5028 152.0 347.0 195.0 640 0.55 0.96 1.11 1.91
--------------------------------------------------------------------
5028 Incl. 210.1 274.0 63.9 210 0.70 1.17 1.38 2.37
--------------------------------------------------------------------
5029 24.0 331.2 307.2 1008 0.62 0.99 1.19 2.04
--------------------------------------------------------------------
5029 Incl. 84.0 331.2 247.2 811 0.68 1.17 1.36 2.33
--------------------------------------------------------------------
5029 and 179.9 234.0 54.1 177 0.88 1.83 1.95 3.34
--------------------------------------------------------------------
5030 34.3 288.0 253.7 832 0.56 0.80 1.03 1.76
--------------------------------------------------------------------
5030 Incl. 134.0 188.0 54.0 177 0.73 1.07 1.35 2.32
--------------------------------------------------------------------
5031 67.7 82.0 14.3 47 0.51 0.82 0.99 1.70
--------------------------------------------------------------------
5031 140.2 284.0 143.8 472 0.50 0.64 0.87 1.49
--------------------------------------------------------------------
5032 31.0 296.0 265.0 869 0.45 0.73 0.87 1.49
--------------------------------------------------------------------
5032 Incl. 128.0 296.0 168.0 551 0.52 0.91 1.05 1.79
--------------------------------------------------------------------
5032 and 128.0 190.0 62.0 203 0.66 1.04 1.27 2.17
--------------------------------------------------------------------
5033 128.0 349.5 221.5 727 0.59 1.13 1.25 2.14
--------------------------------------------------------------------
5033 Incl. 168.0 312.0 144.0 472 0.65 1.30 1.41 2.42
--------------------------------------------------------------------
5034 20.8 224.0 203.2 667 0.69 0.77 1.14 1.96
--------------------------------------------------------------------
5034 Incl. 20.8 41.0 20.2 66 1.08 0.65 1.46 2.50
--------------------------------------------------------------------
5034 Incl. 152.0 218.0 66.0 217 0.74 1.29 1.49 2.55
--------------------------------------------------------------------
5035 83.0 303.0 220.0 722 0.50 0.90 1.03 1.77
--------------------------------------------------------------------
5035 Incl. 155.0 199.0 44.0 144 0.67 1.40 1.49 2.55
--------------------------------------------------------------------
5035 Incl. 251.0 293.0 42.0 138 0.68 0.92 1.22 2.09
--------------------------------------------------------------------
5036 20.1 208.3 188.2 617 0.56 0.99 1.14 1.95
--------------------------------------------------------------------
5036 Incl. 103.0 197.5 94.5 310 0.65 1.28 1.40 2.40
--------------------------------------------------------------------
5037 114.0 337.9 223.9 735 0.59 0.90 1.11 1.91
--------------------------------------------------------------------
5037 Incl. 134.0 337.9 203.9 669 0.61 0.94 1.17 2.00
--------------------------------------------------------------------
5037 Incl. 142.0 337.9 195.9 643 0.62 0.95 1.18 2.02
--------------------------------------------------------------------
5038 140.0 389.0 249.0 817 0.41 0.55 0.73 1.25
--------------------------------------------------------------------
5038 Incl. 140.0 369.0 229.0 751 0.42 0.56 0.75 1.28
--------------------------------------------------------------------
5038 Incl. 305.0 369.0 64.0 210 0.54 0.64 0.91 1.56
--------------------------------------------------------------------
5039 170.0 266.0 96.0 315 0.52 0.70 0.93 1.60
--------------------------------------------------------------------
5039 Incl. 186.0 266.0 80.0 262 0.55 0.76 1.00 1.71
--------------------------------------------------------------------
5040 31.0 106.0 75.0 246 0.53 0.72 0.95 1.63
--------------------------------------------------------------------
5040 Incl. 62.0 106.0 44.0 144 0.50 0.88 1.01 1.72
--------------------------------------------------------------------
5040 126.0 218.0 92.0 302 0.59 1.32 1.36 2.34
--------------------------------------------------------------------
5041 130.0 324.0 194.0 636 0.54 0.84 1.03 1.77
--------------------------------------------------------------------
5041 Incl. 170.0 232.0 62.0 203 0.61 0.98 1.18 2.03
--------------------------------------------------------------------
5041 Incl. 257.0 302.0 45.0 148 0.63 1.06 1.24 2.13
--------------------------------------------------------------------
5042 92.0 381.0 289.0 948 0.55 0.77 1.00 1.71
--------------------------------------------------------------------
5042 224.0 303.8 79.8 262 0.67 1.11 1.32 2.26
--------------------------------------------------------------------
5043 Hole Lost
--------------------------------------------------------------------
5044 67.0 278.0 211.0 692 0.66 0.97 1.23 2.10
--------------------------------------------------------------------
5044 171.0 264.3 93.3 306 0.99 1.21 1.69 2.91
--------------------------------------------------------------------
5045(i) 133.7 378.0 244.3 802 0.25 0.34 0.45 0.77
--------------------------------------------------------------------
5045(i)
Incl. 133.7 247.5 113.8 373 0.30 0.40 0.53 0.91
--------------------------------------------------------------------
5046(i) 131.0 332.0 201.0 659 0.47 0.77 0.91 1.57
--------------------------------------------------------------------
5046(i)
Incl. 199.0 259.0 60.0 197 0.57 1.21 1.28 2.19
--------------------------------------------------------------------
5047(i) 41.7 195.0 153.3 503 0.68 0.73 1.11 1.90
--------------------------------------------------------------------
5047(i)
Incl. 134.0 195.0 61.0 200 0.78 0.96 1.33 2.29
--------------------------------------------------------------------
5048(i) 134.0 296.0 162.0 532 0.53 0.82 1.00 1.72
--------------------------------------------------------------------
5048(i)
Incl. 178.0 208.0 30.0 98 0.72 1.04 1.33 2.28
--------------------------------------------------------------------
5048(i)
Incl. 236.0 290.0 54.0 177 0.57 0.94 1.12 1.92
--------------------------------------------------------------------
5049(i) 62.1 94.0 31.9 105 0.56 0.35 0.76 1.31
--------------------------------------------------------------------
5050(i) 16.3 114.0 97.7 321 0.83 0.53 1.14 1.96
--------------------------------------------------------------------
5050(i)
Incl. 57.0 112.0 55.0 180 1.10 0.76 1.54 2.65
--------------------------------------------------------------------
5051(i) 122.0 282.0 160.0 525 0.52 0.99 1.09 1.87
--------------------------------------------------------------------
5051(i)
Incl. 146.0 252.0 106.0 348 0.64 1.13 1.30 2.22
--------------------------------------------------------------------
5051(i)
and 170.0 238.0 68.0 223 0.75 1.27 1.49 2.56
--------------------------------------------------------------------
5052(i) 71.0 203.0 132.0 433 0.34 0.51 0.64 1.09
--------------------------------------------------------------------
5053(i) 44.0 241.0 197.0 646 0.49 0.73 0.91 1.56
--------------------------------------------------------------------
5053(i)
Incl. 104.1 134.0 29.9 98 0.60 1.15 1.27 2.18
--------------------------------------------------------------------
5054(i) 13.2 115.0 101.8 334 0.62 0.55 0.94 1.61
--------------------------------------------------------------------
5054(i)
Incl. 13.2 52.6 39.4 129 0.81 0.44 1.07 1.83
--------------------------------------------------------------------
5054(i)
Incl. 93.0 113.0 20.0 66 0.68 1.00 1.27 2.17
--------------------------------------------------------------------
5055(i) 79.4 206.0 126.6 415 0.28 0.38 0.50 0.86
--------------------------------------------------------------------
5056(i) 22.0 172.0 150.0 492 0.47 0.61 0.83 1.42
--------------------------------------------------------------------
5056(i)
Incl. 44.0 104.0 60.0 197 0.61 0.69 1.01 1.73
--------------------------------------------------------------------
5058(i) 24.4 33.0 8.6 28 0.88 0.58 1.22 2.09
--------------------------------------------------------------------
5058(i) 108.0 398.1 290.1 952 0.44 0.54 0.75 1.30
--------------------------------------------------------------------
5058(i)
Incl. 156.0 192.0 36.0 118 0.62 0.60 0.97 1.67
--------------------------------------------------------------------
5058(i)
Incl. 323.0 359.0 36.0 118 0.49 0.69 0.89 1.53
--------------------------------------------------------------------
5059(i) 22.0 181.0 159.0 522 0.54 0.57 0.87 1.49
--------------------------------------------------------------------
5059(i)
Incl. 74.0 113.0 39.0 128 0.57 0.77 1.02 1.74
--------------------------------------------------------------------
5060(i) 134.0 315.5 181.5 595 0.53 1.15 1.20 2.06
--------------------------------------------------------------------
5060(i)
Incl. 173.0 285.0 112.0 367 0.64 1.28 1.39 2.38
--------------------------------------------------------------------
5060(i)
and 255.7 285.0 29.3 96 0.57 0.98 1.14 1.96
--------------------------------------------------------------------
5061(i) 34.3 111.0 76.7 252 0.25 0.34 0.45 0.77
--------------------------------------------------------------------
5061(i)
Incl. 34.3 71.0 36.7 120 0.29 0.44 0.55 0.93
--------------------------------------------------------------------
5061(i) 129.0 156.0 27.0 89 0.35 0.60 0.69 1.19
--------------------------------------------------------------------
5062(i) 79.1 396.7 317.6 1042 0.43 0.65 0.81 1.40
--------------------------------------------------------------------
5063(i) 111.9 229.2 117.3 385 0.58 0.89 1.09 1.88
--------------------------------------------------------------------
5063(i)
Incl. 129.8 226.0 96.2 316 0.62 0.95 1.18 2.02
--------------------------------------------------------------------
5063(i)
and 173.3 226.0 52.7 173 0.69 1.12 1.35 2.31
--------------------------------------------------------------------
(1) Copper capped at 5%, gold capped at 10 g/tonne for all
calculations completion of definitive metallurgical testing.
(2) Copper and gold equivalent calculations use metal prices of
US$1.00/lb for copper and US$400/oz for gold.
Adjustment factors to account for differences in relative
metallurgical recoveries for gold and copper will depend upon
the completion of definitive metallurgical testing.
CuEQ equals Cu % + (Au g/t x 12.86/22.046)
AuEQ equals (Cu % x 22.046/12.86) + Au g/t
(i) New Hole
No regulatory authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities has approved or disapproved the informatio n contained in this news release. Continental Minerals Corporation (TSX VENTURE:KMK) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :KMKCF) Great China Mining Inc. (OTC Bulletin Board:GCHA) |
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