Chifeng Gold: the rare earth resources of the Saipan Mine in Laos are still in the early stage of exploration.

Investors ask questions:

It is a good thing to find rare earth minerals in the country. The company said that the newly discovered rare earth ore test results from the Saipan mine in Laos have been received one after another. when will there be a periodic announcement on the increase of gold deposits and rare earth deposits? A large area of rare earths have been found in the north of the Saipan mine, and the mode of existence of rare earth deposits may be different from that of gold deposits. Have domestic rare earth ore experts been invited to guide exploration? Have you tried to explore for rare earths in the south of the existing mines? Thank you.

Secretary Dong replied (Chifeng Gold (20.690,-0.81,-3.77%) SH600988):

Dear investors, during the exploration of rare earth resources in Saipan Mine, Laos, we have received professional guidance and advice from industry experts and rare earth enterprises. At present, the exploration area is mainly in the southern part of the mining area, which is still in the early stage of exploration. The company will disclose important prospecting progress in accordance with the information disclosure rules. Thank you for your suggestions on the development of the company!