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Press release from Marketwire

China Gold Secures Sufficient Permanent Power Supply for the Jiama Mine

Thursday, January 05, 2012

China Gold Secures Sufficient Permanent Power Supply for the Jiama Mine09:20 EST Thursday, January 05, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 5, 2012) -China Gold International Resources Corp. Ltd. (TSX:CGG)(HKSE:2099) (the "Company") is pleased to confirm that the Jiama Mine, located in the Tibet Autonomous Region in China, is now connected to the recently completed DC Qinghai-Tibet Power Grid Interconnection Project ("QTPGI'). With the completion of the QTPGI, a 2,530 kilometers-long, 400 kV transmission line will now provide sufficient electrical power for the present requirements to operate the Jiama Mine as well as any future requirements resulting from the current Phase II expansion studies underway.The QTPGI line connects the expanded power network in the Tibet Autonomous Region to the power grid in the rest of China. The direct connection assures that the Jiama Mine will have a sufficient, uninterrupted and economic supply of electrical energy."Securing the present and future electrical energy supply for Jiama enables us to continue to invest in and grow our operations. The completion of QTPGI Project will now allow us to reduce our operating costs and provides us with certainty over the availability and reliability of power supply for our current operations and for Phase II expansion, currently being planned at the Jiama Mine," said Dr. Xin Song, the Company's CEO.About the Jiama MineThe Jiama copper-gold poly metallic mine is located approximately 68 kilometers northwest of the capital city of Lhasa in Tibet Autonomous Region. Commercial production commenced in September of 2010. Copper production for 2011 is estimated to reach 9500 tonnes with some gold and silver. The Company is currently conducting its Phase II production expansion plan from its current ore processing capacity of 6000 tonnes per day. The final independent technical report is currently 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 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 +86.10.56393938+1.604.688.0598 (FAX)