Inter-Citic Minerals says results from ongoing drill holes and trench sampling at 861 Zone on its Dachang property reveal multiple gold intercepts. 
China Gold International Resources will use results from a recently completed drilling program at the Chang Shan Hao (CSH) Gold Project in Inner Mongolia to complete an updated mineral resource estimate below the existing open pit.
Silvercorp Metals has completed 76.5% of its drill program for the 2011/2012 financial year. The company planned 244,000 metres of surface and underground drilling at its Chinese and Canadian gold/silver properties for the 12 months to March 31, 2012. It has completed 523 diamond drill holes totaling 186,627 metres with drilling continuing on schedule in the New Year.
Silvercorp Metals has banked a US$43 million cash dividend from its 77.5%-owned Chinese subsidiary Henan Found Mining’s 2010 profit distribution. Henan’s audited statutory financial statements confirm a RMB514.8 million profit in 2010, with the board of directors declaring 75% of that as cash dividends to its two shareholders. The dividend has been deposited into a Canadian bank.