GT GOLD (08299) announced that the group has recently entered into strategic partnerships focused on deep gold prospecting initiatives in the Xiaoqinling region.

The company signed an agreement with Northwest University (mainland China) regarding deep gold prospecting models for the Xiaoqinling gold concentration area and adjacent regions. Additionally, GT GOLD established a separate partnership with Shaanxi Provincial Geology and Mineral Resources Group Co., Ltd. for drilling verification and resource expansion demonstration projects targeting deep prospecting areas in the Xiaoqinling gold concentration zone.

The overall objective of these collaborations centers on addressing national strategic requirements and advancing deep earth science frontiers. The partnerships aim to breakthrough core technologies in deep earth and mineral resource sectors, establish comprehensive deep detection and mineral exploration equipment systems, and develop capabilities to extract resources, ensure safety, and utilize space from deep earth formations. These initiatives will provide technological support for new rounds of mineral exploration breakthrough strategies and resource revolution efforts, promoting high-level technological self-reliance in deep earth detection and mineral resource exploration fields.

The cooperation plan involves conducting exploration and research activities within the group's mining areas. Based on comprehensive analysis of regional and mineral concentration area metallogenic patterns and established ore deposit formation models, the collaboration will focus on metallogenic prediction, delineation of prospecting target areas, positioning of deep gold ore bodies, and engineering verification to achieve resource expansion objectives.

According to the announcement, GT GOLD's active participation in these major government-initiated projects will not only enhance the company's technical capabilities in relevant fields but also accumulate valuable research and development experience, thereby strengthening its industry position.