China Gold International Resources Corp. Ltd. announced that the operation of the Phase II processing plant has been resumed at its Jiama Copper-Gold Polymetallic Mine (the ?Jiama Mine?) effective May 30, 2024, following the receipt of approval from the Government of Tibet Autonomous Region. On March 27, 2023, the operations of the Jiama Mine were suspended due to a tailings overflow at the Guolanggou Tailings Dam (the ?Overflow?).

During the suspension of operations, the Company actively carried out comprehensive repair and reinforcement work at the Guolanggou Tailings Dam. With the approvals of the Government of Tibet Autonomous Region and relevant departments of the central government, the Phase II processing plant will resume operations with a daily processing capacity of 34,000 tonnes. The Phase I processing plant which has been in operation during the production ramp up phase will cease operations.

The Company is actively advancing the construction of the Phase III tailings dam, which is expected to be completed and put into operation in the first half of 2026.