CitiGold Corporation [ASX: CTO, FSE: CHP] - Citigold signs MOU to develop Charters Towers City mining area Citigold Corporation Limited (ASX: CTO, FSE: CHP) has signed a non binding Memorandum of Understanding with Henan Jinqu Gold Company Limited (Jinqu), China, to form a joint venture company to develop the City mines of Citigolds Charters Towers gold project (North Queensland). Under the terms of the MOU Jinqu may acquire up to a 50% interest in the joint venture company which will own granted mining leases with permits to mine and associated infrastructure, containing a gold Mineral Resource of 1.8 million ounces. Please find more details in the attached announcement. For further information, please contact: Matthew Martin Company Secretary Tel: +61 7 3834 0000 Media: Fortbridge Luke Dean Tel: +61 2 9331 0623 Mob: + 61 414 535 433 Email: Fortbridge.NET is a specialist web-based service for clients ("Issuer") of Fortbridge Consulting Pty Ltd. DISCLAIMER: The message and attachment issued with this email may contain "forward-looking statements", which are projections that reflect the Issuer`s reasonable beliefs based on information currently available. Fortbridge is a Public Relations consultancy. PRIVACY: You have been regarded as a relevant contact through research. Please consider the environment before printing this document.
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