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Market: TSX
Sector: Gold Mining
Epic: TSX:ICI
News: Latest news
Web Site: Inter-Citic Minerals
Other Articles: 18-02-200906-01-2009

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Tuesday March 16, 11:50Gulf Resources: a burgeoning industrial minerals force in Africa

A new force in industrial minerals is taking shape in Africa, following on from Gulf's acquisition of world class vermiculite assets from Rio Tinto International in 2009.  

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Inter-Citic Minerals

Inter-Citic Minerals

Inter-Citic Minerals flagship project is the Dachang Gold Project, a 279 km2 property in the Qinghai Province of Western China. Inter-Citic announced in 2006 that the business license for the Dachang Gold Project has been extended for an extraordinary 27 years to December 26, 2033.

The Dachang gold project now has a total inferred mineral resource of approximately 2.9 million ounces gold contained (approximately 25 million tonnes with an average grade of 3.63 gpt Au)

Tuesday, January 06, 2009

Inter-Citic reports encouraging results from drilling at Dachang gold project

Inter-Citic Minerals Inc reported encouraging results from the seventh set of drill holes from the 2008 diamond drill program at its Dachang gold project in China.

 Highlights include main zone infill drill hole CJV-529 which intersected multiple mineralized zones, including 2.3 metres of mineralization averaging 7.13 grams per ton of contained gold, 3.8 metres of mineralization averaging 2.24 g/t contained gold, and 7.9 metres averaging 4.74 g/t contained gold.


Infill hole CJV-532 intersected multiple mineralized zones, including 2.2 metres averaging 6.48 g/t contained gold and 4.2 metres averaging 4.65 g/t contained gold.


Drill hole CJV-543, a step-out hole on the Placer Valley Zone (PVZ), intersected multiple mineralized zones, including 3.4 metres of mineralization averaging 10.98 g/t contained gold.


Infill holes are testing continuity of the company's existing NI 43-101-compliant inferred resource area on the total 3+ kilometres extent of the Dachang main zone (DMZ). The sulphide mineralization of the DMZ is open to depth along most of this defined fault structure and is still open to the east and west.


Inter-Citic said it still has almost 100 additional completed drill holes from the 2008 exploration program at Dachang to be reported. Assay results will be reported as they become available.

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