Chifeng Jilong Gold Mining Group (06693.HK): Significant Resource Update for Sepan SND Project of Vientiane Mining in Laos, Total Gold Equivalent Metal Volume Reaches 260 Tonnes

NewTimeSpace · 2026/07/31 07:40 · By Boyuan Chen

NewTimeSpace News: Chifeng Jilong Gold Mining Group announced on 30 July that the mineral resource estimate of the Sepan SND porphyry gold-copper project operated by Vientiane Mining in Laos has been updated. The combined measured and indicated total metal volume stands at 260 tonnes of gold equivalent, representing an increase of approximately 143% compared with the initial disclosure.

NewTimeSpace News: On 30 July 2026, Chifeng Jilong Gold Mining Group (06693.HK) released an announcement regarding the updated mineral resource estimate of the SND project prepared in accordance with the JORC Code. The total ore tonnage amounts to 360 million tonnes, with combined measured and indicated total metal volume hitting 260 tonnes gold equivalent, a rise of around 143% from the first release.

Chifeng Jilong Gold Mining Group stated that Snowden Optiro has conducted an independent review of this resource estimate. Preliminary mineral processing test results demonstrate the ore is amenable to easy separation, delivering an overall gold recovery rate of approximately 88% and an overall copper recovery rate of roughly 88.5%. The ore body remains open to the southwest and at depth, leaving room for further expansion of resource scale.

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