Jinfeng underground development approved

摘要

ASX-LlSTEDSinoGold Ltd will proceed with the early development of underground operations at its 82 percent-owned Jinfeng gold project in China's Guizhou Province. The cost (pre-prodyetion) is estimated a at 20 million US dollars, with first output expected in 2008. Gold production from the open-pit operation, under construction, is anticipated by the end of this year, with output eventually reaching 180,000 oz/y.