Sichuan Gold Co., Ltd. (001337.SZ) Wins Xinjiang Kugeiz-Juebei Gold Mine Prospecting Rights for RMB 510 Million

Stock News10-08

Sichuan Gold Co., Ltd. (001337.SZ) announced that on August 13, 2025, the Natural Resources Department of Xinjiang Uygur Autonomous Region commissioned the Government Service and Public Resource Trading Center of Xinjiang Uygur Autonomous Region to issue the "Public Notice for the Listing and Transfer of 9 Exploration Rights Including Geothermal Prospecting at Sharxili Hotel in Bole City, Xinjiang in 2025" (2025-KYQCR14). On September 30, the company successfully bid RMB 510 million to acquire the prospecting exploration rights for the Kugeiz-Juebei gold mine in Xinjiang Gaochang District. The exploration area is located in China's important gold mineralization belt - the Central Tianshan Metallogenic Belt. The ore bodies are controlled by northwest-southeast trending anticlines and faults. The gold anomaly zone in the exploration area extends for several kilometers, consistent with the direction of ore-controlling structures, presenting favorable geological conditions for mineralization and significant prospecting potential.

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