Inter-Citic Minerals Inc. is a federally incorporated Canadian public company listed on the TSX (symbol - ICI). Based in Toronto, Inter-Citic has an exclusive focus on gold exploration and development opportunities in China and is currently exploring its flagship Dachang Gold Project it acquired in 2003. In 2004 and 2005 Inter-Citic undertook major surface exploration at Dachang. 2006 and 2007 have seen progressively larger major drilling programs on the property with a goal of expanding the exisiting gold resource.

Inter-Citic is a growing gold exploration and development company unlike any other junior mining company. For almost a decade Inter-Citic has been developing relationships and opportunities in China and is regarded as a valued partner. With a wealth of board, management and advisor talent and experience, Inter-Citic is well-positioned to become a major player in China.

In 2003 Inter-Citic signed a 30-year joint venture agreement with the Qinghai Geological Survey Institute (QGSI) which also gives Inter-Citic a formal right of first refusal on subsequent projects, offering a rich opportunity pipeline for future gold and mineral exploration and development.

Prior to the current Dachang Gold Project, Inter-Citic already had a wealth of practical mineral experience in China. Previously it acquired an 80% interest in a rare-earths facility in eastern China employing more than 100 people. Inter-Citic has also worked in close partnership with Minmetals International Non-ferrous Metals Trading Company, one of the largest non-ferrous metals suppliers in China and identified by the Chinese government as one of the State Owned Enterprises vital to China's economic security.

Projects and partnerships like these over more than a decade in China have allowed Inter-Citic to build relationships and exciting opportunities in the complex and dynamic Chinese economy. 

The Governor of Qinghai Province, PRC, rings the opening bell of the TSX
on behalf of Inter-Citic in October, 2006. In addition to ICI management, also present
are ICI advisory board members, including former Canadian Prime Minister John Turner
and former Minister of Mines, Chris Hodgson.

Inter-Citic has been working in China for more than a decade - building relationships, exploring opportunities, making friends. 

The People's Republic of China is a land of vast opportunity, yet Inter-Citic has watched as many other companies have come and gone. From the beginning Inter-Citic realized that doing business in The People's Republic of China requires very different skills and attitudes. Inter-Citic's key shareholders are from prominent families that have successfully been doing business in China for generations, including the Hos of Macao's banking world, and the Lees of Hong Kong's Henderson Group. With the assistance of our Asian-based support, Inter-Citic is able to open doors, and create strong relationships and lasting opportunities.

Inter-Citic also treats its Chinese partners with the respect and consideration they deserve. This not only includes true partnerships and fair consideration, but whenever possible Inter-Citic prides itself on being able to transfer valuable knowledge and skills to local partners to create win-win-win situations. An example was an early agreement to bring two modern wire-line diamond drills to China for the Dachang Project long before they were generally available there. As part of the agreement Inter-Citic pledged to transfer operational expertise and skills to its Chinese partners as quickly as possible.

We hope you'll see why we believe Inter-Citic is a different kind of gold exploration and development company, and why that difference is the key to our future success.

 
 

© 2008 Inter-Citic Minerals Inc. || Legal Notices