🕐20.05.10 - 01:59 Uhr

CitiGold Corporation [ASX: CTO, FSE: CHP] - Letter of Intent signed with Henan Jinqu Gold



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CitiGold Corporation [ASX: CTO, FSE: CHP] - Letter of Intent signed with Henan Jinqu Gold

Citigold Corporation Limited (ASX:CTO, FSE:CHP) has signed a binding Letter of Intent (LOI) with Henan Jinqu Gold Company Limited (Jinqu), China.

This LOI, signed today in
Sanmenxia City, China, is the next stage agreement following the Memorandum of Understanding (MOU) signed in Australia on 4 March 2010.

This signing builds upon the MOU and follows on from the recent inspection of Citigolds Charters Towers operations by Jinqu�s technical team.

This inspection was the start of the more formal due diligence process and included the site of the proposed City mine to be developed and operated through an incorporated Joint Venture.

Find details in the attached announcement.

For further information, please contact:

Mark Lynch
MD/CEO

Matthew Martin
Company Secretary

Citigold Corporation Limited
Telephone +61 7 3834 0000

Media:
Luke Dean
Fortbridge
Tel: +61 2 9331 0655
Mob: +61 414 535 433



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