China Gold International Resour (OTC:JINFF)

WEB NEWS

Monday, October 3, 2011

Notable Share Transactions

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - China Gold International Resources Corp. Ltd. (TSX:CGG)(SEHK:2099) (the "Company") is pleased to announce that the Company's largest shareholder, China National Gold Group has purchased 412,700 shares of the Company on the open market taking advantage of the recent share price decline and demonstrating its continuing confidence of the Company's strategy moving forward. This is the second time for China National Gold Group to buy the shares of the Company within this year.

Dr. Xin Song, CEO of the Company, commented, "This acquisition reaffirms to the market China National Gold Group's confidence in CGG and its goal for the Company to become a premier mining company. The coming months should prove to be exciting for the Company with NI 43-101 compliant resource updates on both of its operations with the expectation to expand resources and production."

As a result of the share acquisition, China National Gold Group owns 155,794,830 shares, representing approximately 39.33% of the issued and outstanding shares of the Company.



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