VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/28/11 -- China Gold International Resources Corp. Ltd. (TSX: CGG)(HK: 2099) (the 'Company'), announces the appointment of Mr. Derrick Zhang as Interim Chief Financial Officer. Mr. Zhang has over 18 years of experience in financial reporting for public companies including experience leading financial reporting for mergers and acquisitions and has served as the Company's controller since January 2010. Mr. Zhang has experience working in mine planning, as a design and construction engineer in China and is bilingual in English and Mandarin. 'Mr. Zhang's experience leading financial reporting for mergers and acquisitions will be an asset to the Company as the Company pursues its strategy to acquire additional gold and non-ferrous mineral resources,' said Mr. Xin Song, CEO.
The Company also announces the resignation of Mr. George Law as Chief Financial Officer. 'We thank Mr. Law for his contributions to the Company,' said Mr. Song.
About China Gold International Resources Corp. Ltd.:
China Gold International Resources Corp. Ltd. is a mining company whose principal properties are the CSH gold mine and the Jiama copper poly-metallic Mine. The Company's shares are listed on the TSX under the symbol 'CGG' and on the HKSE under stock code '2099'. China National Gold Group Corporation, a Chinese state-owned enterprise owns approximately 39% of China Gold International Resources Corp. Ltd.'s shares.
Forward-looking statements
Certain statements made herein, and other statements relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute 'forward-looking information' within the meaning of applicable securities legislation. Forward-looking information and statements are typically identified by words such as 'anticipate', 'could', 'should', 'expect', 'seek', 'may', 'intend', 'likely', 'plan', 'estimate', 'will', 'believe' and similar expressions suggesting future outcomes or statements regarding an outlook. All such forward-looking information and statements are based on certain assumptions and analysis made by China Gold International Resources Corp. Ltd.'s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading 'Risks and Uncertainties' elsewhere in the Company's MD&A filed at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company does not assume the obligation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.
Contacts:
China Gold International Resources Corp. Ltd.
Frank Lagiglia
Investor Relations Manager
+1.778.668.9883
info-chinagoldintl@chinagoldintl.com
www.chinagoldintl.com
