Gulf Resources seek Sustainable Success through:

•    Partnerships for Prosperity

•    Diversification of Assets

•    Intellectual Expertise and Capital

With established bases in Tanzania and Vietnam, Gulf’s team of seasoned engineering, project management and resources specialists are set to develop projects of major significance to both the company and the countries in which Gulf operates.

Coupled with a strong investment bias, experienced finance division and high level partnership approach, the group is on a growth trajectory to become a major consolidated resource development and investment enterprise within five years.

Gulf’s current partners include:

Hanoi General Export and Import Corporation, a member of the Hanoi General Export and Import Group (“Geleximco”), since its establishment in 1993 has become one of Vietnam’s largest private industrial conglomerates with substantial interests across a  broad range of sectors including mining, finance, manufacturing, commodity trading, agricultural processing, energy and resources.

The National Development Corporation of Tanzania, an organisation owned by the Government of the United Republic of Tanzania with a specific mandate to develop, coordinate and implement infrastructural and economic projects through Public Private Partnerships (PPP). Among other things, the Government of the United Republic of Tanzania has mandated NDC, on an exclusive basis, to co-ordinate and guide implementation of the various projects being undertaken in coordination with the Southern African Development Community (SADC) Regional Spatial Development Initiative. Projects identified for the NDC include power generation and transmission, transport infrastructure, telecommunications, water, agriculture, mining, tourism, forestry and fisheries and the development and regulation of Export Processing Zones and Free Ports in Tanzania

The Tanzanian Port Authority (TPA) is a statutory body incorporated to establish and coordinate Tanzania’s ports and harbours system and to provide services relating to ports and harbours facilities, including carrier, navigation, stevedore, wharfage and storage services. The TPA is also tasked with the construction and operation of ports and harbours. As an incorporated State entity, the TPA currently owns all the major ports and harbours in Tanzania, including Dar Es Salaam, Tanga, Mtwara and all lake ports in Tanzania.

Vietnam - Coal to Liquid Fuel Project

Highlights

•    Enters into Strategic Alliance with one of Vietnam’s largest private industrial conglomerates
•    Examining potential of jointly (50/50 basis) developing a Coal To Liquid (CTL) fuel conversion
     plant project in northern Vietnam

Summary

The Directors of Gulf Resources Ltd (ASX:GLF; “Gulf”) are pleased to announce, that in accordance with its previously announced strategy of assessing and reviewing opportunities for growth, the company has entered into a Strategic Alliance and Mutual Cooperation Agreement with the Hanoi General Export and Import Corporation, a member of the Hanoi General Export and Import Group (“Geleximco”) one of Vietnam’s largest private industrial conglomerates with substantial interests across a  broad range of sectors including, mining, finance, manufacturing, commodity trading, agricultural processing, energy and resources. (Read More)

About Hanoi General Export and Import Corporation

Hanoi General Export and Import Corporation, a member of the Hanoi General Export and Import Group (“Geleximco”), since its establishment in 1993 has become one of Vietnam’s largest private industrial conglomerates with substantial interests across a broad range of sectors including mining, finance, manufacturing, commodity trading, agricultural processing, energy and resources.

AUSTRALIAN PROJECTS:

Crystalbrook

The Crystalbrook Project in the Chillagoe District of North Qld covers an essentially untested intrusive related gold and base metal system focused on a major north west trending basement structure. The province contains the Red Dome copper – gold and Kidston (3.4 Moz Au) porphyry style deposits. The Gulf tenement covers the dominantly mineralized 5 km of this fault zone in the region with gold in rock chips to 10g/t Au. Exploration by Gulf has defined a buried mineralized intrusive which requires further drill testing. (Read More)

Ewingar Gold

The Ewingar Gold Project is centered on the gold mineralised Timbarra granite in northern NSW. Modern exploration in this district to date has focused on the low grade granite hosted Timbarra 417,000 oz Au deposit. The area remains prospective for both high grade granite hosted and granite margin deposits. The Hoortons Deposit remains open along strike and several prospects which have been extensively mined historically for both alluvial and hardrock gold remain untested. (Read More)

Swan Creek

The Swan Creek Project is located at the northern end of the Tanami Gold Province in the Northern Territory. Previous base metal exploration sampled anomalous gold to 31 ppb in stream sediment shedding from an area of quartz veined metasediments and associated high magnetic signature. (Read More)

TANZANIAN PROJECTS

(Read More)

Pare Mountains Copper Project

Country/Commodity: Tanzania - Copper
Project Status: Pre -Scoping Study Commenced
Licence/Tenure: Prospecting Lic.
Ownership: National Development Corporation (100%)
Gulf Group Interest: MoU signed  -  Currently establishing JV as manager.

Manga Handeni / Bagamoyo Gold Prospect

Country/Commodity: Tanzania - Gold
Project Status: Exploration
Licence/Tenure: PL 4164
Ownership: Kadolo Investments Ltd (100%)
Gulf Group Interest:   JV established to earn up to 70%

Gulf, as operator of the joint venture has the right to earn up to 70% but spending US$700,000 over three years option. Upon spending US$150,000 Gulf will have earn a 51% interest.

Situated at Manga in the Handeni and Bagamoyo District in north east Tanzania, the project is contained within Prospecting Licence PL4164/2007, which covers some 123 sq km.

Iringa Gold Prospect

Country/Commodity: Tanzania - Gold
Project Status: Pre-Scoping Study Commenced
Licence/Tenure: PML 720, 721 & 722
Ownership:  Msichesta Mining Co.Ltd (100%)
Gulf Interest:  MoU signed  -  Currently establishing JV

Msichesta hold several gold leases which have a history of gold mining. Exploration attention is focusing on the eastern Tanzanian district following several successful drill programmes by explorers.

East Tanzania Gold

Country/Commodity: Tanzania - Gold
Project Status: Exploration
Licence/Tenure: PL 4453, 4454 & 4768
Ownership: Agri Min Limited.  (100%)
Gulf Interest: MoU signed  -  Currently establishing JV

Mtwara Port Development Project

Highlights

•    Signs Memorandum of Understanding (“MOU”) with Tanzania Ports Authority ("TPA")
•    Determining potential of a public private partnership for the development, modernization and
     expansion of the Mtwara Sea Port, regulating the associated Export Processing Zones and
     Free Port facility(“the MSP Project”)
•    The MSP Project forms part of the major Mtwara Infrastructure Corridor Development Initiative (Read More)

Scott Reid B.Sc. (Syd), Grad. Dip. Sci. (Geophys), MAIG, FFin, MAICD
Executive Chairman - Gulf Resources Ltd

Philip Treisman B.A., LL.B. (Wits);
Deputy Chairman - Gulf Resources Ltd

Wayne John Kernaghan B.Bus, ACA, FAICD, ACIS
Finance Director & Company Secretary

Mr Greg Duncan. B.SC MAusIMM
Technical Director

Mr Vic Fitzmaurice B.Sc (Min Eng), Pr ENG, GDE(Min Econ), AMM(Assoc.), SAIMM (Fellow), Cert Dir (LoD) - Director - GR Projects Limited and Head of Gulf Projects.

Mr Fharhaad Ali Moosa, B.Sc (Mech Eng), MBA, Pr ENG, GCC
Head of CTL Projects and Project Director.

Mr Derek Anderson B.Sc, MGSSA
Senior Consulting Geologist – Southern Africa Operation

Mark Winterbothem B.Sc, (Geology), M.Sc. (Remote Sensing)
Geologist (Remote Sensing Specialist)

For more information on Gulf Resources Board & Management click here

For investor information click here