China Hanking (03788): Mt Bundy and Cygnet Gold Projects Expected to Achieve Annual Gold Production Exceeding 200,000 Ounces

Stock News

Aug 18, 2025

China Hanking (03788) announced that it has recently updated the final feasibility study for its Mt Bundy gold project and the pre-feasibility study for its Cygnet gold project. The company has increased total recoverable resources to 3.1 million ounces of gold from its 5.07 million ounces of gold resources. The planned annual gold production from these two gold projects is expected to exceed 200,000 ounces.

Supported by comprehensive technical studies, the recoverable resources include ore reserves and economically recoverable portions of mineral resources. For Mt Bundy, having completed its final feasibility study, the recoverable resources are primarily represented as ore reserve estimates. For Cygnet, the recoverable resources are based on mineral resources. The company intends to strengthen recoverable resources through further drilling, testing, and optimization for Cygnet's inaugural ore reserve estimation scheduled for the second half of 2025.

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The company has increased total recoverable resources to 3.1 million ounces of gold from its 5.07 million ounces of gold resources. The planned annual gold production from these two gold projects is expected to exceed 200,000 ounces.</p>\n<p>Supported by comprehensive technical studies, the recoverable resources include ore reserves and economically recoverable portions of mineral resources. For Mt Bundy, having completed its final feasibility study, the recoverable resources are primarily represented as ore reserve estimates. For Cygnet, the recoverable resources are based on mineral resources. 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The company has increased total recoverable resources to 3.1 million ounces of gold from its 5.07 million ounces of gold resources. The planned annual gold production from these two gold projects is expected to exceed 200,000 ounces.</p>\n<p>Supported by comprehensive technical studies, the recoverable resources include ore reserves and economically recoverable portions of mineral resources. For Mt Bundy, having completed its final feasibility study, the recoverable resources are primarily represented as ore reserve estimates. For Cygnet, the recoverable resources are based on mineral resources. The company intends to strengthen recoverable resources through further drilling, testing, and optimization for Cygnet's inaugural ore reserve estimation scheduled for the second half of 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"159934","symbol_name":"黄金ETF","start_time":0,"source_url":"","article_id":"1127298868","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1127298868","pubTimestamp":1755510994,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"China Hanking (03788) announced that it has recently updated the final feasibility study for its Mt Bundy gold project and the pre-feasibility study for its Cygnet gold project. The company has...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"159831":"黄金","159934":"黄金ETF","518880":"黄金ETF","GDX":"黄金矿业ETF-VanEck","IAU":"黄金信托ETF-iShares","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GLD":"黄金ETF-SPDR","BK1225":"钢铁","DUST":"二倍做空黄金矿业指数ETF-Direxion","03788":"中国罕王"},"translate_title":"中国罕王(03788)：Mt Bundy和Cygnet黄金项目有望实现黄金年产量超20万盎司","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"159831":1,"159934":1,"518880":1,"GCmain":1,"IAU":1,"SGCmain":1,"GDX":1,"NUGT":1,"03788":1,"SGUmain":1,"DUST":1,"GLD":1,"1OZmain":1,"MGCmain":1},"content_text":"China Hanking (03788) announced that it has recently updated the final feasibility study for its Mt Bundy gold project and the pre-feasibility study for its Cygnet gold project. The company has increased total recoverable resources to 3.1 million ounces of gold from its 5.07 million ounces of gold resources. 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