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Press release from Marketwire

China Gold International Resources Corp. Ltd. Intercepts 248.09 Meters of 0.78 Grams/Tonne Gold at Its CSH Gold Mine

Monday, December 19, 2011

China Gold International Resources Corp. Ltd. Intercepts 248.09 Meters of 0.78 Grams/Tonne Gold at Its CSH Gold Mine09:20 EST Monday, December 19, 2011VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) -China Gold International Resources Corp. Ltd. (TSX:CGG)(HKSE:2099) (the "Company") is pleased to announce an update on its exploration progress for 2011 at its CSH gold mine in Inner Mongolia, China. The planned 108 hole - 59,135.40 meter drill campaign was completed in early November 2011 on schedule, which is aimed to define more resource down depth below the current open pit. All of the assay results were received in late November 2011.Highlights of the 2011 drill program from the recently received assay results include intercepts of 340.36 meters (true width 248.09 meters) grading 0.78 grams per tonne (g/t) gold in hole DDH9900-2 and 221.88 meters (true width 190.99 meters) grading 0.92 grams per tonne (g/t) gold in hole DDH9800-3. "We are pleased with the results from the drill campaign. The results indicate that the gold mineralization is continuous and the gold grade has improved to depth beneath the current open pit operation and provides confidence that the resource at CSH will have a significant increase. With the growing gold resource, and the recent increases in mine water supply, we look forward to potentially further expanding the mine production capacity from its current 30,000 tpd," commented Dr. Xin Song, the Company's CEO.The following is a brief summary on the 2011 drilling results: Table 1: Gold intercepts from 108 diamond drill holes in the mining permit area:China Gold Int'l CSH 2011 Drilling DDH IDMineral- ization ZonesMineralizationDownhole Length (m)True Thickness (m)Average Grade Au gram/tonne (ppm)From (m)To (m)DDH6900-1( 1 )240.90243.602.702.300.57( 2 )259.55264.054.503.840.617.206.140.59DDH6900-2No Significant MineralizationDDH7000-1( 1 )192.90210.6017.7014.410.64( 2 )253.85258.354.503.771.7422.2018.180.87DDH7000-2( 1 )263.26270.297.035.500.58( 2 )306.29314.298.006.380.72( 3 )321.49325.494.003.190.5319.0315.070.63DDH7000-3No Significant MineralizationDDH7100-1( 1 )141.85151.8510.007.970.51( 2 )177.25212.5735.3228.870.61( 3 )226.20240.2014.0011.591.2959.3248.440.76DDH7100-2( 1 )221.83248.3026.4720.930.60( 2 )271.55303.5532.0025.660.72( 3 )315.00331.0016.0012.921.0774.4759.510.75DDH7100-3( 1 )401.55430.1028.5521.430.53 ( 2 )459.65479.6520.0015.230.52( 3 )500.84508.647.805.970.60( 4 )514.65518.654.003.051.1148.5545.680.57DDH7200-1( 1 )185.35200.7515.4011.160.51( 2 )210.75216.756.004.351.37( 3 )224.75256.0031.2523.210.82( 4 )262.80282.2019.4014.591.2472.0553.310.91DDH7200-2( 1 )239.07251.0712.008.030.52( 2 )262.10364.50102.4069.870.57114.4077.890.57DDH7200-3( 1 )469.37523.8254.4541.000.71( 2 )531.82535.874.053.102.7458.5044.100.85DDH7300-1( 1 )220.70227.006.304.590.53( 2 )257.50316.4058.9044.800.5765.2049.390.57DDH7300-2( 1 )368.05396.8728.8219.720.77( 2 )406.83435.7528.9219.810.7657.7439.540.77DDH7300-3( 1 )448.22511.2363.0149.780.63DDH7400-1( 1 )373.65407.4033.7527.270.52DDH7400-2( 1 )444.95452.357.406.130.50( 2 )463.20506.2043.0036.100.5250.4042.230.51DDH7400-3No Significant MineralizationDDH7500-1( 1 )169.90208.6038.7029.990.76( 2 )239.65258.4518.8014.810.5557.5044.790.69DDH7500-2( 1 )346.95367.4520.5016.150.90DDH7500-3( 1 )456.90468.9012.009.190.51( 2 )482.49540.6558.1645.750.7170.1654.940.67DDH7600-1( 1 )272.51314.4941.9834.550.87( 2 )322.67330.057.386.150.5949.3640.700.82DDH7600-2( 1 )476.90482.345.444.480.55( 2 )488.64504.6416.0013.180.5221.4417.660.53DDH7700-1( 1 )203.60250.4546.8536.800.53( 2 )258.55315.0756.5245.240.79( 3 )327.10330.953.853.121.49107.2285.160.71DDH7700-2( 1 )374.20388.1813.9811.360.62DDH7700-3( 1 )438.80446.367.565.870.59DDH7800-1( 1 )187.52211.1323.6118.300.66( 2 )230.83309.4378.6063.040.55102.2181.340.58DDH7800-2( 1 )288.76307.0118.2511.440.50( 2 )334.87379.9645.0937.810.65( 3 )391.81403.3611.559.930.7374.8959.180.64DDH7900-1( 1 )226.44238.1811.749.431.01( 2 )280.04295.2815.2411.880.65( 3 )301.77340.4138.6430.270.9765.6251.570.90DDH7900-2( 1 )341.41352.4111.008.750.52( 2 )362.91368.415.504.380.52( 3 )378.03384.416.385.220.77( 4 )391.35408.6117.2614.340.97( 5 )423.21465.8742.6636.260.5282.8068.950.63DDH8000-1( 1 )199.83203.753.923.000.60( 2 )270.52274.604.083.070.70( 3 )299.13303.134.003.100.59( 4 )335.45360.7025.2519.700.5337.2528.880.56DDH8000-2( 1 )377.55383.556.004.810.69( 2 )398.75404.756.004.840.53( 3 )423.20444.5221.3217.320.5133.3226.980.55DDH8100-1( 1 )254.00261.387.385.800.53( 2 )272.87295.2622.3918.370.6329.7724.170.61DDH8100-2( 1 )366.20390.8524.6519.650.54( 2 )398.85457.1058.2546.340.7782.9065.980.70DDH8200-1( 1 )212.94310.2797.3377.050.82DDH8200-2( 1 )374.38384.3910.018.520.51( 2 )394.39425.6031.2126.700.6241.2235.210.59DDH8300-1( 1 )275.96287.0211.068.840.55( 2 )295.58324.4628.8823.102.19( 3 )331.96353.3321.3717.480.76( 4 )372.17376.163.993.260.7365.3052.671.35DDH8300-2( 1 )513.97526.9913.0211.330.57( 2 )534.82555.3520.5318.230.5733.5529.560.57DDH8400-1( 1 )251.35317.7266.3750.260.70DDH8400-2( 1 )32.1035.103.002.160.57( 2 )346.90377.5030.6024.240.9933.6026.400.96DDH8500-1( 1 )208.14215.727.586.160.57( 2 )221.45233.1011.659.690.5619.2315.850.56DDH8500-2( 1 )325.75380.4554.7045.110.60DDH8600-1( 1 )217.50225.508.006.191.32( 2 )244.10283.6039.5032.450.6947.5038.640.79DDH8600-2( 1 )316.00328.0012.009.470.56( 2 )340.40357.5117.1113.740.50( 3 )363.50376.8513.3510.750.5042.4633.950.52DDH8700-1( 1 )35.4939.293.802.700.63( 2 )143.44160.6917.2512.800.67( 3 )170.20184.4014.2010.880.5335.2526.370.61DDH8700-2( 1 )119.40123.203.802.800.56( 2 )353.90359.906.005.000.529.807.790.54DDH8800-1( 1 )200.60217.1016.5013.260.53DDH8800-2( 1 )321.50329.508.006.660.59DDH8900-1( 1 )92.44102.009.565.570.64DDH9300-1( 1 )173.72185.0511.338.930.62( 2 )213.15221.158.006.340.5719.3315.280.60DDH9300-2( 1 )238.49246.998.506.790.81( 2 )331.54339.548.007.000.60( 3 )380.09390.7910.709.410.5427.2023.190.63DDH9400-1( 1 )197.15237.7540.6031.490.56DDH9400-2( 1 )357.20361.003.803.070.67( 2 )382.50435.4352.9343.460.5656.7346.540.57DDH9500-1( 1 )62.43184.28121.8575.050.55DDH9500-2( 1 )40.3045.455.153.440.62( 2 )174.80178.804.002.870.77( 3 )314.00376.2662.2648.961.1271.4155.271.07DDH9600-1( 1 )184.23197.2513.029.030.73( 2 )285.67342.9357.2642.530.54( 3 )395.29419.2924.0018.251.0694.2869.810.70DDH9600-2( 1 )235.26242.777.515.220.73( 2 )265.26270.265.002.440.65( 3 )404.76417.8413.0810.140.58( 4 )442.97454.4211.459.000.67( 5 )462.26528.8666.6051.870.51103.6478.680.55DDH9600-3( 1 )44.7062.2017.5011.300.51( 2 )354.50368.5014.0010.530.52( 3 )415.35419.354.003.100.60( 4 )458.15507.6049.4538.960.55( 5 )514.04613.2299.1880.520.90184.13144.410.74DDH9700-1( 1 )36.8874.2037.3225.450.56( 2 )206.64222.2015.5611.560.59( 3 )252.20255.813.612.760.73( 4 )267.85359.1691.3171.030.59147.80110.800.58DDH9700-2( 1 )184.07190.005.934.080.55( 2 )338.75346.778.026.270.72( 3 )354.77469.17114.4092.770.61( 4 )509.57522.3312.7611.050.52141.11114.170.60DDH9700-3( 1 )26.3535.569.215.640.52( 2 )376.36384.157.795.820.65( 3 )463.01512.2649.2539.080.90( 4 )518.26537.4619.2015.420.72( 5 )543.86591.1647.3038.270.78( 6 )670.66674.363.703.080.52136.45107.300.79DDH9700-4( 1 )582.41606.5724.1616.730.52( 2 )617.21680.6063.3946.221.05( 3 )688.74700.5511.819.041.20( 4 )745.40749.404.003.060.57( 5 )757.50782.9525.4519.710.50128.8194.760.84DDH9800-1( 1 )192.20196.794.593.070.51( 2 )209.75301.2091.4562.100.80( 3 )308.30358.8050.5034.401.18( 4 )426.97512.2885.3163.700.67231.85163.270.82DDH9800-2( 1 )375.15379.154.002.680.52( 2 )501.75612.76111.0180.470.91( 3 )621.80628.416.614.860.74( 4 )636.55714.2977.7457.950.99199.36145.950.93DDH9800-3( 1 )66.4670.464.002.350.52( 2 )398.06402.064.003.060.57( 3 )472.20686.08213.88185.580.93221.88190.990.92DDH9900-1( 1 )223.10229.005.903.680.72( 2 )267.74517.70249.96177.320.77255.86181.000.77DDH9900-2( 1 )283.22307.5024.2815.600.58( 2 )314.38319.254.873.131.63( 3 )335.30356.3021.0013.770.57( 4 )376.40381.705.303.610.99( 5 )387.70421.7034.0023.180.53( 6 )440.20484.0043.8030.650.77( 7 )490.00505.6515.6511.250.77( 8 )519.68588.7069.0250.671.10( 9 )596.70600.704.003.010.59( 10 )614.20732.64118.4493.230.70340.36248.090.78DDH9900-3( 1 )538.95552.9514.009.000.69( 2 )560.92571.1810.266.591.02( 3 )661.33678.2316.9012.180.52( 4 )704.28750.6146.3334.470.56( 5 )760.61834.6574.0457.240.50161.54119.470.56DDH10000-1( 1 )700.36723.8023.4418.701.21( 2 )729.80756.4026.6021.500.54( 3 )765.60768.532.932.370.51( 4 )801.24902.40101.1682.290.50154.13124.860.62DDH10100-1( 1 )143.86149.866.003.930.55( 2 )184.11253.8369.7247.610.70( 3 )272.11394.12122.0189.850.80( 4 )409.56437.8728.3121.570.57226.04162.960.73DDH10100-2( 1 )222.71226.714.002.520.59( 2 )314.66318.664.002.620.70( 3 )326.66337.5410.887.280.52( 4 )345.12450.70105.5872.590.63( 5 )497.50511.7214.2210.380.64( 6 )529.15535.616.464.800.56( 7 )543.72555.7212.008.910.67( 8 )562.08568.086.004.460.52( 9 )575.76579.764.003.020.71( 10 )587.82619.6531.8324.020.56( 11 )637.61671.1833.5725.640.51( 12 )683.18701.9418.7614.340.52251.30180.570.59DDH10100-3( 1 )464.52477.0712.558.710.50( 2 )510.65527.0316.3811.400.50( 3 )541.03571.7530.7221.700.93( 4 )587.75599.7512.000.598.63( 5 )614.09617.543.452.481.62( 6 )623.54654.5130.9722.610.55( 7 )679.86745.0365.1748.670.98( 8 )762.95770.697.745.900.52178.98122.060.84DDH10100-4( 1 )781.00785.004.003.190.55( 2 )920.63924.523.893.150.71( 3 )942.52956.0413.5210.930.5521.4117.270.58DDH10200-1( 1 )140.17161.8721.7012.870.79( 2 )228.18232.184.002.551.22( 3 )268.40347.6479.2456.010.84( 4 )371.52445.8674.3461.880.63( 5 )454.66486.8032.1427.560.50( 6 )492.56511.0618.5015.990.79( 7 )517.06545.4428.3824.630.52258.30201.490.69DDH10200-2( 1 )420.77440.7720.0015.170.54( 2 )466.31602.84136.53106.720.57( 3 )696.28701.204.923.880.55161.45125.770.56DDH10200-3No Significant MineralizationDDH10300-1( 1 )107.84125.5217.6811.050.59( 2 )171.48355.27183.79122.610.66( 3 )366.62389.2822.6614.921.01224.13148.580.69DDH10300-2( 1 )257.91265.918.005.430.52( 2 )274.21294.0019.7914.690.51( 3 )308.00325.7417.7413.170.57( 4 )335.63459.92124.2991.160.76169.82124.440.70DDH10300-3( 1 )423.64426.933.292.250.66( 2 )508.06535.1527.0919.790.50( 3 )580.07616.4636.3928.010.50( 4 )638.47644.686.214.820.5472.9854.860.51DDH10300-4( 1 )734.47740.476.004.160.57( 2 )760.88782.1221.2414.800.5127.2418.960.52DDH10300-5( 1 )766.76815.4448.6836.440.73DDH10400-1( 1 )372.90486.35113.4591.760.63DDH10400-2No Significant MineralizationDDH10400-3( 1 )549.29557.298.006.610.52( 2 )591.43640.1648.7338.330.5156.7344.940.51DDH10400-4( 1 )785.89789.894.003.190.57DDH10500-1( 1 )188.68257.5168.8344.350.63( 2 )271.04340.9569.9148.200.59138.7492.550.61DDH10500-2( 1 )565.07575.0710.007.240.57( 2 )585.03588.343.312.410.7713.319.650.62DDH10500-3( 1 )564.12568.124.002.950.62( 2 )621.47626.284.813.620.53( 3 )642.34648.346.004.540.6814.8111.110.61DDH10500-4No Significant MineralizationDDH10600-1( 1 )280.25353.7773.5259.160.55DDH10600-2( 1 )359.91443.9484.0369.860.60DDH10600-3( 1 )615.30621.326.025.140.51DDH10600-4( 1 )798.31802.324.013.340.68DDH10700-1( 1 )139.84157.4217.5811.900.71( 2 )170.46173.963.502.370.55( 3 )199.96226.4626.5018.110.5147.5832.380.59DDH10700-2( 1 )369.15382.0012.8511.130.72DDH10700-3No Significant MineralizationDDH10800-1( 1 )241.88259.6117.7311.410.56DDH10800-2( 1 )213.67217.704.033.140.59DDH11000-1( 1 )147.80159.6211.827.240.66DDH9600-4( 1 )306.21314.708.494.141.38( 2 )323.40331.408.004.090.75( 3 )339.40389.5050.1026.570.7366.5934.810.81DDH9800-4No Significant MineralizationDDH10000-2No Significant MineralizationDDH10000-3No Significant MineralizationDDH10200-4( 1 )461.66468.336.672.710.51( 2 )590.91632.9142.0022.330.8748.6725.040.83DDH10200-5No Significant MineralizationDDH10400-5( 1 )402.65412.6510.004.970.51DDH10400-6No Significant MineralizationDDH10600-5( 1 )322.20343.6321.439.960.53DDH10600-6No Significant MineralizationNotes:All grades reported are sample length weighted averages (LWA), where the individual samples range from 0.5 to 2 meters lengths with most in 2 meter lengths. The intervals listed above include both drill intercept widths and calculated true widths based on actual down hole surveys. Please refer to the attachment to the press release on the Company's website (www.chinagoldintl.com) for additional information on the drill program including drill collar locations.Quality Control and Quality Assurance:Due to the large amount of samples to be assayed, two internationally recognized well known labs were chosen to perform the assays. One is the SGS Tianjin Lab and the other ALS Chemex Guangzhou lab, both in China. At the SGS Tianjin Lab China and ALS Chemex Guangzhou Lab, the samples were dried, pulverized to approximately 95%-pass 200 mesh (75um). The gold content was determined using the standard 30-gram fire assay followed by Atomic Absorption techniques. About 10% of the samples that were assayed above 0.2 ppm Au were checked by a third lab, the ITS Shanghai Lab, which is also an internationally well recognized lab. China Gold, SGS and ALS all maintain comprehensive and independent Quality Control/Quality Assurance programs.Please refer to the attachment to the press release on the Company's website (www.chinagoldintl.com) for additional information on the Company's quality control and quality assurance measures.Qualified PersonsMario Rossi, M.Sc., Min. Eng., of GeoSystems International Inc., an Independent Qualified Person as defined by National Instrument 43-101 has reviewed the drill program, supervised the preparation of the scientific and technical information and verified the data supporting such scientific and technical information contained in this news release.About CSH MineThe CSH gold mine is an open pit, heap leach gold mine located in Inner Mongolia, China, approximately 210 kilometers northwest of the city of Baotou. Production has increased each year since commercial production was reached in 2008. The annual commercial gold production was 33,671 ounces in 2008, 83,570 ounces in 2009 and 111,000 ounces in 2010. Production for 2011 is estimated to reach 120,000 to 125,000 ounces. The Company has recently completed its 2011 drilling program at the mine site, and a full evaluation on the mine's new resources is in progress.Forward-looking statementsCertain 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.FOR FURTHER INFORMATION PLEASE CONTACT: Investor RelationsChina Gold International Resources Corp. Ltd.+1.604.609.0598 or +86.10.8413.5708+1.604.688.0598 (FAX)info-chinagoldintl@chinagoldintl.comwww.chinagoldintl.comHong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.