Gobimin Inc (GMN) Com Npv
GobiMin Inc is a Canada-based company, which is engaged in the development and exploration of mineral properties, mainly in the Xinjiang Uygur Autonomous Region (Xinjiang) of the People's Republic of China (China). The Company is engaged in the development of the Sawayaerdun Gold Project (Gold Project) and other exploration projects. It holds an equity interest of over 70% in Xinjiang Tongyuan Minerals Limited (Tongyuan) to explore, develop and operate the Gold Project located in Xinjiang. It also holds an equity interest of approximately 40% in Loco Hong Kong Holdings Limited. In addition, it owns over 40% equity interests each in over three companies incorporated in China to engage in base metals and precious metal exploration, including nickel, copper and gold in Xinjiang, and over 2.66% equity interest in the Yanxi Copper Property. Tongyuan holds the mining and exploration licenses of the Zone I and Zone IV mine site covering an area of over 1.70 square kilometers and over 20.27 sq
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