"The Australian unit of China’s biggest gold producer Zijin Mining Group Co. 601899.SH +0.32%, says it will look at bidding for three mines that Barrick Gold Corp
- is interested in the Darlot, Granny Smith and Lawlers mines in Western Australia state that Barrick wants to sell"
http://blogs.wsj.com/moneybeat/2013/05/10/gold-retains-luster-for-chinese-investors-down-under/
GUL, via holding in CIO, has an interest in gold tenements near to Barrick's Darlot Project
South Darlot Gold
South Darlot Gold Project is approximately 320km North West of Kalgoorlie and includes the British King gold mine which is 100% owned and NI43-101 compliant. The British King gold mine is 5km west of Barrick’s Darlot Gold Mine. The British King gold mine is currently under care and maintenance. CIO has re-focused the gold strategy and is actively working towards a greater tenement expansion in the South Darlot region which will allow for regional and mine site exploration to commence. CIO‘s current tenement package is 336km2
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