A deposit of gold prospect reserves exceeds 1,000 tons, Hunan gold limit! Company's latest response

On November 21, the news, on November 21, Hunan gold suddenly rose, and finally realized the daily limit, closing at 16.73 yuan per share. On the news, the Hunan Provincial Institute of Geology announced on November 21 that the Wangu gold ore field in Pingjiang County, Hunan Province has made a major breakthrough in prospecting. After years of efforts, the Hunan Provincial Institute of Geological Hazard Investigation and Monitoring, a subordinate of the Hunan Provincial Institute of Geology, has found more than 40 gold veins in the depth of 2000 meters or more in the Wangu gold ore field. The gold grade is as high as 138 grams/ton, and the total amount of gold resources discovered in the prospecting core area is 300.2 tons. Experts agreed that the scale of the Wangu gold ore field in eastern Hunan is super large, and the predicted long-range gold reserves above 3000 meters underground exceed 1000 tons. The resource value is 600 billion yuan based on the current gold price. In this regard, the reporter called Hunan Gold as an investor. A relevant person from the company's securities department said that the minerals mentioned in the relevant news were held by the company's controlling shareholder, but the news had no material impact on the company.