Shenfu Resources Subsidiary Completes Mining Right Renewal on May 19, Receives Permits

GateNews
According to Jin10, Shenfu Resources announced on May 19 that its wholly-owned subsidiary Inner Mongolia Jinshan Mining has completed the exploration right renewal for the silver ore project in the west of Erentaolegai mining district, Inner Mongolia. The company received certificates from Hulun Buir's Natural Resources Bureau, including a property rights certificate and mineral resources exploration permit. Shenfu holds 100% stake in Jinshan Mining. The subsidiary currently operates with a licensed production capacity of 480,000 tons per year and controls a mining area of 10.03 square kilometers. Major products include gold-silver concentrate, silver ingots, and gold. Jinshan Mining is actively constructing an underground mining project for the Erentaolegai III-IX ore body, targeting 900,000 tons per year.
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