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SOURCE China Gold International Resources Corp. Ltd.
VANCOUVER, March 21, 2013 /PRNewswire/ - China Gold International Resources
Corp. Ltd. (TSX: CGG; HKEx: 2099) (the "Company") is pleased to
announce the appointment of Mr. Zhanming Wu as Senior Executive Vice
President.
Mr. Zhanming Wu joined the Company on May 12, 2008 as a director and
became its Vice President, Business Development on March 11, 2010. Mr.
Wu has demonstrated outstanding expertise and professional dedication
in this position. The board of directors of the Company has recognized
Mr. Wu's contribution by appointing him as Senior Executive Vice
President. Upon his appointment, Mr. Wu will have effectively resigned
from the position of Vice President, Business Development.
Mr. Wu will report directly to Dr. Xin Song, the Chief Executive Officer
of the Company. Mr. Wu's duties will include oversight of the daily
operations, business development, capital management, compliance
oversight of the Company's Hong Kong listing, in addition to that, Mr.
Wu will head the Beijing Operation Management Centre.
The Company is also pleased to announce the appointment of Mr. Lisheng
Zhang as Vice President effective March 1, 2013. Mr. Zhang joined the
Company on September 12, 2008 as a chairman of Inner Mongolia Pacific
Mining Co. Ltd., a subsidiary of the Company, which owns and operates a
gold mine (the "CSH Gold Mine") located in Wulate Zhong Qi in Inner
Mongolia Autonomous Region of the People's Republic of China ("Inner
Mongolia"). The Company's board of directors finds Mr. Zhang's service
to the Company to be exemplary. Mr. Zhang's knowledge of local culture
of Inner Mongolia and his experience contributed to the rapid and
sustainable development of CSH Gold Mine. Mr. Zhang will oversee the
overall management of the CSH Gold Mine.
Dr. Xin Song, the Chief Executive Officer of the Company, commented, "I
would like to assure you that our team of dedicated, competent and
inspired executives and employees will continue to build upon our
successes during 2012 and ensure 2013 is another year of achievements".
About China Gold International Resources
China Gold International Resources Corp. Ltd. is based in Vancouver, BC,
Canada and operates both profitable and growing mines, the CSH Gold
Mine in Inner Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet
Autonomous Region of the People's Republic of China. The Company's
objective is to continue to build shareholder value by growing
production at its current mining operations, expanding its resource
base, and aggressively acquiring and developing new projects
internationally. The Company is listed on the Toronto Stock Exchange
(TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong
Limited (HKEx: 2099).
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold International Resources
contained herein may constitute forward-looking statements within the
meaning of applicable securities laws. Forward-looking statements may
include estimates, plans, expectations, opinions, forecasts,
projections, guidance or other statements that are not statements of
fact. Although China Gold International Resources believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
to have been correct. China Gold International Resources cautions that
actual performance will be affected by a number of factors, most of
which are beyond its control, and that future events and results may
vary substantially from what China Gold International Resources
currently foresees. Factors that could cause actual results to differ
materially from those in forward-looking statements include market
prices, exploitation and exploration results, continued availability of
capital and financing and general economic, market or business
conditions. The forward-looking statements are expressly qualified in
their entirety by this cautionary statement. The information contained
herein is stated as of the current date and subject to change after
that date.
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