| 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.
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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.
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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. |