Here is a chance to get in near the bottom of potentially a very exciting prospect.

http://moneyam.uk-wire.com/cgi-bin/articles/20060328083735PAEAF.html

START OF DRILLING

LONDON - 28 March 2005

Central China Goldfields plc (AIM: GGG, GGGW) announces that its Chinese Joint
Venture Company, the Sichuan Snow Mountain Mining Exploration United Centre,
has signed a drilling contract with Victor Geological Exploration Inc
("Victor"). Victor is a wholly owned Beijing-based subsidiary of Nahanni
Drilling Corp. of Canada. The contract is to drill approximately 1,200 metres
in the Songpanguo (SPG) deposit in the Baima area, in the Snow Mountain
Project, Sichuan Province of China.

Drilling will also commence soon at Shuiniujia (SNJ), another deposit in the
Baima area once drill access is made available by mid-April.

The drilling programme is scheduled to commence in mid-April 2006 at Songpanguo
and late-April 2006 at Shuiniujia.

In addition, a series of underground tunnels (adits) totalling over 2,200m and
trenching totalling 2,250m will be undertaken in both deposits. The drilling
and aditing/trenching programme is intended to test the depth and lateral
continuation of these two deposits. Our partner the Sichuan Bureau of
Metallurgy and Geological Exploration ("SBMGE") has calculated inferred
resources of the SPG and SNJ deposits of approximately 200,000 oz. and 140,000
oz. respectively. These resources are not compliant to international standards.

The programme will be supervised by Exploration Manager, Ciceron ("Jun")
Angeles MSc FAusIMMM, who is qualified as a Competent Person under the
Australasian Code for the Reporting of Mineral Exploration Results, Mineral
Resources or Ore Reserves ("The JORC Code") of the Australasian Institute of
Mining and Metallurgy, and Project manager Roberto Tan BSc.

Dr. Jeff Malaihollo commented "Our exploration programme in 2005 confirmed
previous work conducted by the SBMGE. This year we intend to add to the
resources by drilling and tunnelling. We look forward a very exciting year of
development."

The AGM is next week so, hopefully, a bit more news at that time. I am going to try to get there so will keep you posted if I do.

;o)

Selected as one for the "UPS" today

GGG 4.625p ( 4.50 / 4.75p )
Reason: Volume and rising last Friday, the depresed price due to selling by Obtala must be very close to the end or MMs know of no more selling by them and pushing prices higher. Very good grades/results are expected any time from the completed seven diamond drill holes. Director buying large last month. Ready for Intraday BREAKOUT

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

As i have kept saying in the past, this is a very well run great little company.

I wish I'd got more at 2p a few months ago!!

Today's news

GGG Resources plc

1.98 Million ounces JORC Compliant Mineral Resource Estimate

Highlights:

The updated JORC reported Mineral Resources of Bullabulling has been increased
by approximately 450% to 1.98 million ounces of gold (41.5 Mt @ 1.5 g/t Au at
0.7 g/t Au cut off).

Resource estimated by independent consultants CSA Global

Some areas can be updated to Measured and Indicated Resource upon twinning of a
number of historic drill holes.

Economic scoping study being completed after which a further Mineral Resource
update will be estimated.

The current Mineral Resource is expected to increase with further exploration
drilling.

Bullabulling could develop into a significant new gold project.

Share Purchase Agreement was completed last week.

16 August 2010

GGG Resources plc together with its Joint Venture partner at the Bullabulling
Project, Auzex Resources Limited ("Auzex"), are pleased to announce a new JORC
reported Mineral Resource of 41,517,000 tonnes @ 1.5 g/t Au for 1.98 million
ounces of gold at a 0.7 g/t Au cut off for the Bullabulling Gold Project.

The new JORC reported Mineral Resource was estimated to an assumed economic
mining depth of 315m RL, approximately 120m depth. This depth has been used as
a conservative approximation of mineralisation that is expected to be amenable
to open-cut mining operations.

Th new Mineral Resource estimate has been restricted predominantly to
mineralisation within the Bullabulling Trend, which extends over approximately
6km strike and where gold mineralisation exhibits excellent lateral and
vertical continuity, and is open in all directions. The Mineral Resource
excludes all historic production and does not include historic surface dumps
that are reported to contain approximately 12,000 ounces of gold.

Mineral Resource estimate Cut Off (g/t) Class Tonnes Au g/t Ounces

August 2010 0.7 Inferred 41,517,000 1.5 1,982,000

Note: The resource is quoted for blocks with a grade of greater than 0.7 g/t
and above the 315 RL. Differences may occur due to rounding.

The Mineral Resource was estimated by CSA Global who are an independent
consultancy based in Perth (An executive summary of their report is attached).
The estimation used assays from all the historic drill hole data over a 9 km2
area covering the Bullabulling shear zone and the Ordinary Kriged method for
interpolation. Grade tonnage curves at various cut offs from this estimate
confirm that a significant amount of the resource sits between 0.3 and 0.9 g/t
Au, consequently it is believed that the project will return the greatest value
as a high tonnage low grade bulk mining operation.

Due to lack of QAQC data on the drill holes samples, the Mineral Resource
estimate has been classified as Inferred under JORC (2004). In some areas with
high density historic drilling, this can likely be upgraded quickly and cost
effectively to Measured and Indicated JORC classification by twinning a number
of the historic RC drill holes to increase the confidence in the historic
assay results. The remaining areas will require infill drilling to a spacing of
20m by 25m to convert the Inferred Mineral Resource to Measured and Indicated.
The twinning of the historic holes will be completed as soon as possible to
allow the Mineral Resource to be reclassified to include Measured and Indicated
categories.

A preliminary economic scoping study is currently being completed by CUBE
consultants that will provide information on mining costs, treatment costs, cut
off grade and the scale of the operation to be used in the up-coming
feasibility study planned for commencement in October 2010. Optimisation
studies are planned on the global Mineral Resource to confirm the economic
mining depth and this information should be available by mid to late September.
The Mineral Resource will be upgraded at this time to take account of the
economic depth of mining.

The Mineral Resource estimate is based on 10,522 drillholes, with approximately
half being RC and half being RAB drillholes. The Mineral Resource estimate has
well defined variography that reconciles well with the orientations of
mineralised shoots derived from the structural study. The new estimate also
reconciles well against historic production. The recently completed diamond
drilling program will also be used to review the model when all assay results
are finalised. These have not been considered in the current Mineral Resource
estimate.

Bullabulling Grade Tonnage Curve estimated at different cut-off grades from
mineralisation less than 120 metres below surface.

Average Grade Contained

Gold cut-off g/t Au Tonnes Au g/t Ounces

1 22,202,000 2.06 1,468,400

0.9 26,739,000 1.87 1,606,500

0.7 41,517,000 1.48 1,981,600

0.6 54,231,000 1.29 2,245,900

0.5 75,013,000 1.08 2,611,800

0.4 107,094,000 0.89 3,071,800

0.3 162,171,000 0.71 3,683,200

This is the first time that all the data has been used to estimate the gold
Mineral Resource for the Project. The previous quoted Mineral Resource of
431,000 ounces of gold (announced on 11 February 2010 when GGG entered into a
Heads of Agreement with Auzex) was confined to the main pit areas and to small
laterite and supergene prospects to the north and south and contained an
unusually small amount of Mineral Resource in the Inferred category. The
recently completed structural study demonstrated that mineralisation not only
continued between the historic pits at Bacchus and Phoenix and down dip, but
also the mineralised shear zone was wider and that mineralisation was also
present in the foot wall and hanging wall of the Bacchus and Phoenix pits
respectively. The recently completed diamond drilling program confirms this
potential and also confirms that additional mineralisation occurs in stacked
shoots beneath the known zones of mineralisation as suggested by the structural
modelling.

The Joint Venture considers the establishment of the new increased Mineral
Resource for the Project as a significant milestone that will allow the Project
to be developed to its optimum economic potential. The scale of the Mineral
Resource also suggests that the Project could develop into a significant gold
project that will establish the Coolgardie Goldfield in the Eastern Goldfields
of Western Australia as a significant producer for years to come.

Share Purchase Agreement

The Joint Venture is also pleased to announce that the acquisition of the
Bullabulling Gold project mining tenements, plant and equipment was
successfully completed on Friday 13 August 2010. Registration of the tenement
transfers is underway and Ministerial consent to sell Bullabulling pastoral
lease to the Joint Venture has been obtained.

Auzex and GGG JV Bullabulling in 450% boost in gold resource to 2m ounces

Monday, August 16, 2010 by Andrew McCrea New name, new focus: GGG's JV in Australia with Auzex is looking very good Brisbane-based Auzex Resources (ASX: AZX) has surprised on the upside with a larger than expected 450% jump in JORC reported Mineral Resource to over 1.98 million ounces of contained gold at the Bullabulling Gold Project in the Coolgardie Goldfields of Western Australia. The project is being developed in joint venture with GGG Resources PLC (LON:GGG), which recently changed its name from Central China Goldfields.

With further exploration drilling, this resource is is likely to increase even further.

An Inferred Mineral Resource of 41.5 million tonnes at an average grade of 1.5g/t gold has been estimated using a 0.7g/t Au cut-off, resulting incontained gold of 1.98 million ounces gold.

pro active investors

i am happy to be in here!!

kerrrrrrchinnnngggggggg!!!

i am only surprised this has only risen about 50% so far on a 450% upgrade with imo to come - i think word is just getting round - hoping for 100% + as the day goes on maybe even more!!

Bit like Caza on Friday, muted reaction at first but still a 30-50% rise then later
on the real action started, in Caza it was around 15-16p for a while then went
to 28p bid in a big rush.

After that news today GGG might well spike up later on and then in the morning
before settling back down.

i was thinking that also - trend has to be north with more news expected from now on imo - interestingly a very simple calculation is look at the current market cap and compare it to the value of near on 2 million oz gold (not forgetting the potential diamonds) against current gold value - i think there is a massive gap in ggg favour!! realise other costs etc need to be considered but this must be a strong buy - nice little company on its way up

wow 2M buy went though 13:28 - value 138k

They are almost bidding the offer price online, whenever the last lines of stock
that is holding the price at 7.25p are cleared there will be another intraday high
and spike, anytime now i reckon.

agreed - auction soon perhaps

cold feet! i sold just under 7p - too many derampers around including so called brokerman daniels didnt help - not complaining though good earner - may jump in at a lower sp - gl to any holding still

Daniels saying what precisely or can you provide a link?

thanks

gibby

re - cold feet! i sold just under 7p

Not much point is saying waiting for 100% and 2 hours later blaming someone for your actions.

There is plenty of milage on GGG, but like everything including this world,that was not build in one day, take one day at a time, there are allways some profit taking or MMs just playing games but the trend is UP now.

Investors will be rewarded for the ones with patience

"derampers"

None here, but if you use advfn or iii then what do you expect, a load of get rich quick conmen who will post any old crap to make a few quid.

dealerdear - i tend not to listen to bmd but this is what he said
'Central China Goldfields. DE-JA-VU?
Posted on August 16, 2010
by Brokerman
I am placing a warning out here re this company. Its not so long ago that Central China Goldfields released a similar statement re their world class assets in China. I remember the great hulabuloo as gold fever gripped investors.. Yes thousands invested as the news of the yellow metal just lying on the floor over in China gripped investors; guess what happened? The share price tanked to under 2p leaving thousands with lossess running into literally millions. What did GGG do? Well they flogged off their world class assets Nimu for a few million dollars and made a sharp exit out of China. Now theyre in Austraila telling us all the same story but with a different name and a new chairman only this time instead of Nimu read Bullabulling?

Tread VERY CAREFULLY HERE.

My advice is if in profit get the hell out!

Daniel'

http://brokermandaniel.wordpress.com/

i think we have enough experience between us to draw our own conclusions

masterRSI - i dont blame anyone but myself - maybe i made an error - and you are right the ones with patience will be the ones to gain bigger rewards - i am in others eg gkp, mta, ntog, rrl, rkh, fogl, to name a few - then some rubbish like sam, inc, pyc which i have put in the bottom draw - toilet paper worth more than them!! but i am holding and waiting - perhaps i should have waited for ggg to settle - will watch closely tomorrow - if drops will def be back in with more shares for my money against today's sell - gl

Thanks Gibby, appreciate that.

Thought you meant Daniel Stewart the broker. Unlike Daniel, IMO this is a fine company. What went wrong before if my memory serves me well is they were stripped of their Chinese assets when their partners pulled the plug on the partnership and GGG were forced to sell which was the reason the sp dropped to 2p.

you are welcome dealerdear - two things gave me cold feet today really - i was not that familiar with ggg (i am now!) and the sp kept stalling when i expected it to keep flying - i have often been burnt badly in the past in similar stalling situations and vowed long ago not to let it happen again - then like an idiot made the fatal error of listening to twots on other boards!!! i agree with you and others and my thoughts earlier - this most likely is a fine company - hope to get back in tomorrow and hold long - great news today - mistake mine!!! sorry if i confused you ref Daniel Stewart - that BMD guy has cost people a lot of money himself with so called tips i am told - anyhow the chinese assets & ggg was some time ago - a person who made no mistakes makes nothing - same for companies - cheers

"the fatal error of listening to twots on other boards"

And should we listen to you, who was posting of 100% rises when he held
and started deramping the moment he sold !

Say no more !

ps...the price was flying at the close, shame the market shut.