After receiving all of the outstanding approvals for its Zheng Guang gold project in China, Leyshon Resources Ltd took another step towards firming up its presence the east Asian country by announcing its intention to list on London's alternative investment market. Leyshon effectively pioneered the opening up of the north eastern part of the Chinese minerals sector when it entered into the Heilongjiang province's first sino-foreign joint venture. Under a broad agreement with the Heilongjiang Bureau of Geology and Mineral Resources the Australian junior has gained access to a major epithermal gold belt which thus far has yielded 20 million ounces of the yellow metal.
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