CCG starts field work at Banten gold prospect

AIM-listed Central China Goldfields plc announced on Wednesday the start of field work at the 7,981 hectare Cikoleang gold project in Banten province.

The initial work programme will concentrate on detailed geological mapping with the aim of extending the existing area of mineralisation ahead of more detailed analysis which is likely to include drilling later in the year, according to the Company.

The detailed geological mapping will focus on both surface and underground exposures of known gold vein areas and will include grid-based soil geochemical surveys. The aim is to extend known gold rich veins as well as identify further enrichment zones and new areas of mineralisation outside of the known veins.

The Company announced in December 2009 that it has signed an exclusive option agreement over the Cikoleang Gold Property in the Banten Province with a local company PT Fino Bersaudara with a view to entering a definitive joint venture agreement within six months. (alex)