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)

Hi Ian,

I decided to start looking at some of the small miners after reading this article "Expert Favours Small Cap Stocks"http://www.resourceinvestor.com/pebble.asp?relid=18597.

After doing some resarch on the mining sector for smaller companies I came up with two companies which are exploring in China. One happens to be this company for the reason stated above by yourself and the other South China Resources - SCR for their latest Landmark agreement with the chinese authority both companies IMHO have excellent prospect. However anyone thinking of investing in such small companies please DYOR.

An excellent RNS just released. This explains the rise in the SP and current buying. I have a feeling lot more people will be buying as soon as people realise the potential of this company.

Central China Goldfields PLC
10 April 2006



Central China Goldfields plc
('GGG' or 'the Company')

APPROVAL FOR HUBEI XIANG SHUI TAN GOLD INC.


LONDON - 10 April 2006 - Central China Goldfields plc (AIM: GGG, GGGW) announces
that the Company has received unconditional approval from the Hubei Provincial
Government for the establishment of a Sino-Foreign Joint Venture Company called
Hubei Xiang Shui Tan Gold Inc.

The Business Licence for Hubei Xiang Shui Tan Gold Inc. will be issued shortly.

Exploration work at the Xiang Shui Tan Project, supervised by Exploration
Manager Jun Angeles MSc FAusIMMM, will commence in May 2006 with the aim of
confirming the resources previously defined by our partner the Hubei North East
Geological Team and to identify the potential for porphyry copper - gold style
mineralisation.

Details of the Xiang Shui Tan Project and the Joint Venture terms are contained
in the news release of 15 November 2005.

i'm in, it should go well with my SCR in the long term portfolio. IMHO
Alex

where tomorrow,some healthy buys after close,or are they sells,as long as they follow scr there is nothing to worry about.

I lifted this information from another BB, I hope the poster wont mind.

This company has brilliant management team, Billiton's ex China general manager, and Billiton's ex China selection consultant, plus 4 more 1st class directors, still got a market cap of around 5m. The company has the management and the prospects in Sichuan and Hubei provinces.

The politics are good, the Chinese correct, the licences are in place and the exploration results are coming in. There is talk of a producing mine being purchased.

This is a company which is not surrounded by outraged campesinos, useless and corrupt politicians and a country in turmoil, instead it is in joint venture with the Chinese authorities in the fastest growing country in the world.

Drilling is underway now in the Snow mountains and there is a lot more to come !.

Need to be cautious with the Chinese as lots of corruption going on

Another good news for the company.
Central China Goldfields PLC
11 April 2006



Central China Goldfields plc
('GGG' or the 'Company')

CENTRAL CHINA SIGNS MOU ON DONG MAO HUO GOLD MINE


LONDON - 11 April 2005 - Central China Goldfields plc (AIM: GGG, GGGW) has
signed a Memorandum of Understanding ('MOU') to enter into a Cooperative Joint
Venture Contract ('Joint Venture') with the Shandong Zhengyuan Geology &
Resource Co. Ltd. ('Zhengyuan') over the Dong Mao Huo ('DMH') gold mine and two
exploration properties in Inner Mongolia.

The Dong Mao Huo mine has total resources, reported by Zhengyuan to
various Chinese standards, of some 4.2 tonnes or approximately 135,000
ounces of gold.

The Joint Venture includes one Mining Licence covering a 0.26km2 area
and two Exploration Licences, covering an area of 9.26km2 with a small scale
operational gold mine within the Mining Licence area

The Company have contracted CSA Australia to conduct an independent
geological evaluation of the mining and exploration potential of the Dong
Mao Huo mine and exploration properties to estimate the commercial and
mining parameters associated with a possible expansion of the current
operation.

GGG, through a newly established 95% controlled BVI-Registered company
can earn up to 80% of the Joint Venture Company by spending Chinese Renminbi
(RMB) 25 million (approximately US$ 3.125 million) in exploration and
development over 3 years and RMB 7 million (approximately US$ 875,000) as
property payment.

GGG can purchase the remainder 5% of the BVI-registered company for
cash and/or shares on the basis of an independent valuation.

Dr. Jeffrey Malaihollo, Managing Director of Central China Goldfields,
commented: 'This will be our third Joint Venture in China and the first one on a
producing mine. We are looking for ways to increase the production of DMH mine
and at the same time explore the surrounding areas. The DMH mine will compliment
our advanced exploration projects the Snow Mountain area in Sichuan and the
Xiang Shui Tan project in Hubei and our grass roots exploration in the Maqu
Block of Northern Sichuan. We have built a strong base for the Company to grow.'

The DMH gold mine is located about 210 km west (3 hours' drive) of Hohhot, the
capital of Inner Mongolia, China. The area is served by paved and dirt roads.
The Joint Venture consists of one Mining Licence and two Exploration Licences.

There is a small scale operational gold mine within the Mining Licence area. The
mine is exploiting oxide gold resources hosted by 60m wide quartz porphyry dyke.
Oxidation is down to 40 metres deep. The ore is crushed and treated by heap
leach on site. Loaded carbon is sold to local refineries.

Zhengyuan reported that the mining area has total inferred resources of 4.2
tonnes of gold (135,000 oz) in the Chinese 332, 333 and 334 categories. Within
this is a resource of 800,000 tonnes @ 3.27 g/t Au (circa 2.6 tonnes or
approximately 84,000 oz. of gold), 11.8 tonnes of silver (380,000 oz.) @ 14.27
g/t Ag and 527 tonnes of copper @ 1.04% Cu in the 332 and 333 categories. The
resources calculated comprise undifferentiated oxide and sulphide ore. These are
contained in four steeply dipping lenses with widths of 1.5-4.75 metres and
tested only to a depth of 70-150 metres. Copper oxides (malachite and azurite)
were observed in the waste pile.

The DMH mine lies at the intersection of three major structural trends: the
Bayan Obo (SE trending), the Zhartai Mountain (EW trending) and the Yinshan
Duanlong (NS trending) faults. Other mineralisation in the area consists of iron
(magnetite) with Rare Earth Metals mine (Bayan Obo, reported to be the largest
Rare Earth mine in the world, is approximately 90 km away from DMH).

The Exploration Licences cover the area surrounding the mine and include the
Nadoa Bugai area, approximately 2.5 km to the west of the DMH mine. An abandoned
pit dug by local miners exploited oxide gold at Nadoa Bugai.

The area between DMH mine and Nadoa Bugai is covered by desert cover. There is a
mine shaft about 1km west of DMH mine which is exploiting magnetite. The
magnetite is hosted by gneissic biotite diorite cut by stringers of red orange
potassium feldspar, haematite and epidote. Central China Goldfields interpreted
this to be an area of possible porphyry copper-gold mineralisation.

Central China Goldfields plc, through its 95% controlled BVI-registered company,
has the right to earn a 80% interest in the Joint Venture Company by spending
RMB 25 million (approximately US$ 3.125 million) in exploration and development
over 3 years and RMB 7 million (approximately US$ 875,000) as property payments.
Upon GGG earning the 80%, should Zhengyuan choose not to contribute further, GGG
can increase its interest to 90%. On dilution to 10% Zhengyuan would be
free-carried. The total costs of investment would be returned to the
participants prior to distribution of profit.

The property payment is scheduled such that RMB 3.5 million (approximately US$
437,500) is due upon the issuance of the Business Licence. RMB 2.1 million
(approximately US$ 262,500) is due upon the transfer of all Mining and
Exploration Licences and geological data to the Joint Venture company. The
remaining RMB 1.4 million (approximately US$ 175,000) is due 1 year after the
transfer of Licences.

Central China Goldfields plc has the right at anytime to purchase the remaining
5% of the BVI-registered company, which is held by Goalfirst International
Limited, valued by an independent third party, using cash and/or shares at the
average mid-price of the prevailing previous 20 days of trade.

The Company has contracted CSA Australia to conduct an independent geological
evaluation of the mining and exploration potential of the DMH mine and the two
Exploration Licences to facilitate an estimation of the commercial and mining
parameters associated to a possible expansion of the current operation. Legal
due diligence is being conducted by Capital Law Associates of Beijing.

These resources are not defined in accordance with internationally recognised
standards such as JORC, NI 43-101 or CMMI and should not be relied upon.
Nevertheless, management has received data supporting these figures and consider
them to be relevant.

Technical information in Company news releases has been reviewed by Ciceron
Angeles MSc. FAusIMM who is the Company's Exploration Manager and is qualified
as a Competent Person under the Code for the Reporting Mineral Exploration
Results, Mineral Resources and Mineral Reserves ('The Reporting Code') prepared
by the Australasian Institute of Mining and Metallurgy. Mr. Angeles has not
verified the resources quoted.

hi new to thread, on the move up again this morning.

anyone know why there has been such a hike in SP in the last two days, i sold out y/day with a nice profit only to find it went even higher today!!
Alex

My employers held a principal position in this company since its inception . Considering 75% were bought for "hi value clients {1m + } and 25% retained by the house it would not be unreasonable to suggest this has all the hallmarks of a flyer . Through grapeveine i heard small cap experts/ specialists "Wills and Co " also took a principal position . And believe me this is a very cautionary "niche " company what with its roots in Ofex trading . As reg GGG: The uniqueness of this companies position is surely not lost on any of you . lt will be a volatile ride > A traders dream .But the end game will be success .. ...For the record i hold a fair few of these lest people think i am ramping

My employers held a principal position in this company since its inception . Considering 75% were bought for "hi value clients {1m + } and 25% retained by the house it would not be unreasonable to suggest this has all the hallmarks of a flyer . Through grapeveine i heard small cap experts/ specialists "Wills and Co " also took a principal position . And believe me this is a very cautionary "niche " company what with its roots in Ofex trading . As reg GGG: The uniqueness of this companies position is surely not lost on any of you . lt will be a volatile ride > A traders dream .But the end game will be success .. ...For the record i hold a fair few of these lest people think i am ramping

I was in earley yesterday with a hefty six figure some invested , am already reaping a 28% profit , will hold for as long as I can as a I'm moving houses soon !

Sorry , I meant five figure sum not six !

8.9 g/t Au is this a good concentration of gold...... do not know much about mining

What the Indicators are signaling

A bit negative at the moment, on the middle of the road on this retracement

Blunter than Master RSI, I would recommend taking your profits

Nice to see these are making a bit of a recovery .

http://www.goldletterint.com/artikel/CENTCHINAGLDF_Special_UpdateJuly06.pdf

Very interesting itam , thanks for that . 30p target price -time to stock up I think