CNMC Goldmine's unmined gold resources at Sokor 26% higher than previously estimated

Singapore

CATALIST-listed CNMC Goldmine Holdings said an annual independent review found its flagship Sokor project in Malaysia's Kelantan state had an estimated 914,000 ounces of gold in the ground as at end-Dec 2018 - 26 per cent higher than a previous estimate a year earlier.

The review was conducted by Australia-based mining consulting firm Optiro and its estimate is the highest untapped gold resource level recorded since CNMC started exploration at the site in 2007, the company said in a filing during the mid-day trading break on Tuesday.