Tianshan Goldfields Limited is focused on developing its 90% interest in the Gold Mountain Project in north western China. China is now the largest gold producer in the world.

The Gold Mountain Project consists of exploration licences covering 632 square kilometres and hosts advanced gold deposits and exploration targets with the potential for both large tonnage disseminated gold deposits and narrower higher grade opportunities.

The Company currently has a total Indicated and Inferred Mineral Resource estimated at 95 million tonnes at 0.9g/t Au for 2.8 million ounces of gold (at 0.5g/t Au lower cut-off grade).

Gold Mountain

The Gold Mountain project is located in the highly prospective Tian Shan Gold Belt where it extends into the north western region of Xinjiang, People’s Republic of China.  The belt hosts a number of the world’s largest gold deposits including the Muruntau, Kumtor and Arxi mines.

The Gold Mountain tenements cover an area of approximately 512km2, in the foothills of the Tianshan Mountain Range, at elevations of 1,400-1,900 metres above sea level.  These tenements are prospective for large-scale, high sulphidation, disseminated, stratabound epithermal gold deposits suited to development as open-pit-heap leach operations, as well as smaller tonnage high grade opportunities to feed a mill.[Read More]

Jinxi-Balake Deposit

Gold mineralisation at Jinxi-Balake is associated with breccias in a sub-horizontal blanket with higher grade sub-vertical zones.  Drilling in 2006 has shown that the Jinxi deposit joins the newly discovered Balake prospect to the west and Pond prospect to the south east.  Surface mapping and geophysical resistivity and ground magnetic surveys show there is a thick sequence of favourable stratigraphy to the west, south and south east yet to be drill tested.[Read More]

Yelmand Deposit

The Yelmand deposit, located one kilometre north west of Jinxi, is part of the same stratabound disseminated gold-in-breccia style of mineralisation that hosts Jinxi. The mineralised zone at Yelmand consists of a sub-horizontal blanket of silicified breccia (which has a maximum downhole thickness of 105 metres representing a true thickness of up to 90 metres).  At Yelmand, the blanket has a maximum width of 500 metres and is up to 800 metres long in a north-west direction. Drilling in 2006 has now closed off this system and joined it to the north west part of the Jinxi-Balake deposit. The eastern edge of the blanket at Yelmand has been truncated by a north south fault which has down-faulted the stratigraphy to the east, the depth potential of which has yet to be tested by drilling.[Read More]

Mayituobi Deposit

Mayituobi, located 2.5km east of Jinxi, was discovered during the regional rock chip sampling programme in 2004.  Drilling since then has delineated a north east trending, elongated sub-horizontal breccia zone approximately 300 metres wide and 500 metres long.[Read More]

Lion Prospect
 
Lion is a new discovery at Gold Mounain which was targeted from a surface outcrop of siliceous breccia assaying 0.8g/t Au.  Lion is located midway between Jinxi and Mayituobi adjacent to a dacite dome. The drilling at Lion has identified a zone 600 metres long and over 100 metres wide and is open to the west and north.[Read More]

Other Prospects
 
The Company's exploration and drilling in 2006 has delivered a significant upgrade in the extent of the gold mineralisation at Gold Mountain and identified new prospects to explore within the Gold Mountain tenement and on the regional tenements.[Read More]

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