CNMC Goldmine Holdings Limited (the "Company") is the first Catalist-listed gold producer on the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Company commenced trading on the Catalist Board on 28 October 2011.
The Company together with its subsidiaries (the "Group") are principally engaged in the business of exploration, mining of gold and the processing of mined ore into gold dores. The Group is currently focusing on the development of its flagship project - the Sokor Gold Field Project which is located in the State of Kelantan, Malaysia. Our Group achieved its first gold pour on July 21, 2010 and its gold production has since been increasing steadily and as of December 2017, production had exceeded three metric tonnes of gold bullion.
The Sokor Gold Field Project is an extensive region covering an area of 10km2 with 5 identified gold deposits namely, Manson's Lode, New Discovery, New Found, Sg. Ketubong and Rixen. As at 31 December 2017, the total measured, indicated and inferred gold resources for the Sokor Project (above a 0.5 gram/tonne ("g/t") gold cut-off grade at Manson's Lode and for the transitional and fresh rock at Ketubong, New Discovery and New Found, and above a 0.25 g/t gold cut-off grade at Rixen and for the oxide material at Ketubong, New Discovery and New Found to reflect current commodity prices, differential operating costs and processing options) are 13,860,000 tonnes at 1.6 g/t gold grade, which would amount to 724,000 ounces of contained gold, inclusive of material used to define ore reserves. In addition, mineral resources at Manson's Lode contain significant amounts of silver, lead and zinc, each amounting to 1,410,000 tonnes ore with an average grade of 42 g/t of silver, 1.6% lead and 1.7% zinc. This amounts to a total of 1,928,000 ounces of contained silver, 23,025 tonnes of contained lead and 23,505 tonnes of contained zinc. Exploration continues apace at the Sokor Gold Field Project with the aim to extend its life of mine and identify fresh targets for production.
Leveraging on its experience and depth of knowledge as an explorer and producer in the Malaysian mining sector as well as a focus on long term growth, the Company is always on the lookout for strategic opportunities to collaborate with potential project partners or to acquire new exploration and mining licenses within the ASEAN region and Australasia.