Honglin Mining secures work safety permit for Caiyuanzi copper-gold mine

The mining zone of Caiyuanzi Copper-Gold Mine, operated by Sichuan Honglin Mining Co., Ltd., a subsidiary under Shengda Resources Co.,Ltd., has passed on-site inspection and been issued a Work Safety Permit by the Department of Emergency Management of Sichuan Province.

The total identified resources (measured, indicated and inferred) of industrial ore bodies at the Caiyuanzi copper-gold mine reach 6.06 million tons. It contains 17,049 kilograms of gold at an average grade of 2.82 g/t, and 29,015 tons of copper with an average grade of 0.48%.

Valid from May 26, 2026 to May 25, 2029, the permit authorizes underground mining of gold and copper ore at an annual capacity of 396,000 tons, consistent with the scope specified in the Mining License.

With the work safety permit in hand, Honglin Mining is officially allowed to launch mining operations, and full-scale underground production will commence at the mine.