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Verde Resources (VRDR) 0.0800 $VRDR Verde Resou

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Posted On: 04/12/2015 8:23:16 AM
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Posted By: Stock_Tracker
Verde Resources (VRDR) 0.0800 $VRDR

Verde Resources Updates on Ayigate Gold Project in Xinjiang China
GlobeNewswire - Tue Dec 09, 8:12AM CST
via PRWEB - Verde Resources, Inc. (OTCQB:VRDR) is pleased to update that its wholly-owned subsidiary company Gold Billion Global Ltd ("GBL" has progressed into the final stage of discussion with Xinjiang Changhe Mining Co., Ltd ("XCM" under which GBL has offered to acquire ownership in XCM for the Ayigate Gold Project ("the Project". The Project involved the Ayigate gold mine located within the Tianshan region in Wuqia County, Xinjiang Uygur Autonomous Region of the People‟s Republic of China. The Project has obtained exploration license covering a total area of 19.88 sq.km. The initial exploration work conducted by China state-owned No. 2 Brigade of the Xinjiang Bureau of Geology and Mineral Exploration in late 2012 has estimated the alluvial gold resources in excess of 268,000 ounces.

Verde Resources Enters Into Discussion On Potential Collaboration with Gold Mine in Hebei, China
PRWeb - Tue Oct 07, 8:13AM CDT
Verde Resources, Inc. (OTCQB: VRDR) is pleased to announce it has entered into discussion with a mine company in Hebei Province of China on potential collaboration in the areas of lode gold exploration and exploitation.

Verde Resources signs Letter of Intent for Ayigate Gold Project in China
M2 - Tue Sep 30, 4:06AM CDT
Mining company Verde Resources (Other OTC:VRDR) on Monday announced a letter of intent to acquire ownership in the Ayigate Gold Project in China subject to due diligence.

Verde Resources, Inc. Enters Into Letter of Intent on Ayigate Gold Project
GlobeNewswire - Mon Sep 29, 10:29AM CDT
via PRWEB - Verde Resources, Inc. (OTCQB: VRDR) is pleased to announce its wholly-owned subsidiary company Gold Billion Global Ltd ("GBL" has entered into a letter of intent with Xinjiang Changhe Mining Co., Ltd ("XCM" under which GBL has offered to acquire ownership in XCM for the Ayigate Gold Project ("the Project" subject to due diligence.

Verde Resources Updates on Rare Earth Development
GlobeNewswire - Wed Jul 09, 9:17AM CDT
via PRWEB - Verde Resources, Inc. (OTCQB:VRDR) is pleased to report that it has initiated preliminary assessment on the potential of rare earth deposits in several countries in the South East Asia region. Verde's in-house engineering and technical team has engaged on an information-gathering exercise to analyze and determine the composition and economic viability of the current resources at potential sites that include Malaysia, Vietnam and Cambodia. Mr. M.D. Wu, President of Verde Resources, said, "The information gathered during the exploration phase will enable us to estimate the size and value of the deposit, and therefore, the commercial viability of the mine." SRK Consulting has also been engaged to assist Verde Resources with technical guidance for exploration and independent feasibility evaluation.

Verde Resources Expects Production To Hit 300 Gold Ounces Per Month in the Second Half of 2014
PRWeb - Sun Jun 29, 4:54AM CDT
Verde Resources, Inc. (OTCQB: VRDR) expects production to hit 300 gold ounces monthly for the second half of 2014. The projection follows current installation and modification works on three additional production plants which are proceeding on time. With three additional production plants in operation, the alluvial production facility will have a total 1,500 tons per day of ore processing capacity. This would be about twice the current average rate of ores processed for the five-month period between January and May of 2014, thereby providing opportunity for the Company to meet its annual production target for 2014.

Verde Resources anticipates gold production to rise to 300 gold ounces per month in second half of 2014
M2 - Wed Jun 25, 7:12AM CDT
Mining company Verde Resources (OTC BB:VRDR) said on Tuesday that its technical team expects production to increase to 300 gold ounces per month for the second half of 2014.



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