DMG dragon mountain gold limited

Additional news from Lixian site• Exploration progressSince 31...

  1. 3,313 Posts.
    Additional news from Lixian site
    • Exploration progress
    Since 31 July, 2007 when Dragon Mountain Gold was listed, exploration activities
    have included drilling with up to five drill rigs focused on the Li Ba licence. DMG has
    introduced company wide international standard Quality Control and Work Safety
    practices which has meant a slower start but drilling progress is now showing a
    steady improvement. To date, 3 diamond core and 2 reverse circulation drillholes
    have been completed and assay results are starting to be received. DMG expects
    to make further announcements over the next few weeks as results from drilling and
    other exploration activity are received.
    • Community interaction
    Dragon Mountain Gold, through its subsidiary Gansu Long Jin Mining Resources Co
    Ltd, completely rebuilt the primary school in Gonghe village which is on the
    Company’s Li Ba license. The school was officially opened on August 30th and
    forms part of DMG’s ongoing commitment to the local communities within which
    we work.
    In addition DMG has provided access to water supplies, training and work for the
    local communities. The Company currently has a workforce of around 100 of which
    60 have been employed from the local area.
    Dragon Mountain Gold listed on the Australian Stock
    Exchange on 31 July 2007 (Code ASX:DMG)
    • Gold development and exploration company
    specialising in China’s resource sector.
    • Highly skilled management with multinational
    experience.
    • 75% ownership of major, advanced stage Lixian
    gold project containing 1.76 million ounces (non
    JORC).
 
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Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $2.368M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1231567 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 129660 1
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