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)

this is good - in fact good day all round waiting for something to go wrong!

lovely blue day:))

Buy then when unloved and mid price (5.75p) then sit back and watch the
herd chase them when 7.5p offer :-))

Will take my profits today but it still might some legs in it.

well done all.

A lot of talk on these threads about the falkies but there have been some wonderful rises elsewhere.

Hit 10p this am. Not long ago was trading at around 1-2p.

Am in and enjoying the rise.,.

well done again.

Fraid I was sitting on a large loss for the past 2/3 years but fortunately averaged down a few weeks ago and have now broken even.

Consider myself to be very lucky. Although I rate the company, I could easily have lost the lot.

Wow this is amazing.

.

today makes me 100% up happy xmas me.,.

Like dealerdear I to have been sitting on a big loss. I also have just broken even,Any thoughts on staying in, does anyone think there is more to be had?

...nice play BB et al - another 12% up (wed) and still powering on .......... offer static at 14.25p irrespective of bid ............Ches - Now thats a moot point ..l was going to buy at 9p last week but thought it would lose its legs ....Now 14p ........perhaps i have missed the bus on this one ,,,,,but who knows ?

Going to stay in, I think the results pretty upbeat:
Outlook

The first half of 2010 was an active, exciting and fruitful period. After
careful assessment, the Directors concluded that Bullabulling is a quality
asset which has the potential to generate substantial returns for shareholders.
We therefore committed with confidence the proceeds from the sale of Nimu to
purchase half of Bullabulling, and a 10% stake in our partner's company Auzex
Resources Ltd.

Since acquiring our 50% interest in Bullabulling I am pleased to report that
its resources have dramatically increased to 2 million ounces of gold. We have
now embarked on the start of the feasibility study at Bullabulling, and hope to
start converting the resources into reserves.

The Directors are confident that we can expand further still the resource at
Bullabulling, and also increase the degree of confidence in the quality of the
resources.

I look forward to updating Shareholders on further progress in the coming
months.

20% up..!

are you in or just watching mitz??

Sadly only watching Balerboy.

very sad.......if this goes the other way soon you'll have the last laugh...but as i'm on a free ride it won't hurt too much...lol

Making a move

hmmm - considering a top up next week - even at this sp must be worth an additional tickle?!