On October 16, GeLongHui reported that Shandong Yulong Gold (601028.SH) announced that recently, according to the latest "Annual Mineral Resource Statement" issued by Yuxin Holdings, as of June 30, 2024, the Pajingo Gold Mine area has a ore quantity of 13.491 million tons compliant with the JORC standard, an increase of 2.583 million tons compared to the same period last year, with a gold metal content of 2.223 million ounces (69.14 tons), an increase of 0.202 million ounces (6.28 tons) compared to the same period last year, with an average grade of 5.1 grams/ton.

Through effective resource management and exploration and storage enhancement strategies, the company has strengthened its gold resource reserves, increased the value of its mining resources, and enhanced its sustainable development capabilities. The company will continue to increase exploration and storage efforts to enhance its core competitiveness.