GGG Resources plc

GGG Resources plc (formerly Central China Goldfields plc) is a publicly quoted mining exploration company.

We own half the mining rights to Bullabulling, a former open pit gold mine in the Coolgardie region, Western Australia.  We share the rights jointly (50:50) with Auzex Resources Limited, our Australian partners.

Using new exploration techniques and modern computer modelling, we are evaluating the potential of Bullabulling, which already has a measured and indicated gold resource of 431,600 ounces.

If new drilling results meet our expectations, we aim to fast-track Bullabulling into gold production within 24 months.

Company objectives and focus

Our objective is to become a profitable medium-sized mining company.

We aim to either find, or to acquire and develop, gold and other mineral prospects in Australasia.

Our directors and management team have built strong contacts in this region, based on their previous positions at major mining companies.

Our strategy is to focus only on a few quality projects – such as Bullabulling - which are capable of delivering early value to shareholders.

At Bullabulling, our new drilling programmes aim to add to the existing 431,600 ounces of JORC standard gold already confirmed.  Drilling has been underway since June 2010.