The project related to the Theoretical Innovation of Mineral Exploration and Demonstration Study of Deep Exploration for Gold Ore in the Integrated Exploration Area of Qinghai Tanjianshan Region recently submitted by Yintai Gold's Qinghai Dachaidan Mining Co., Ltd. won Third Prize in the Qinghai Science and Technology Advancement Award.

This project, jointly submitted by Qinghai Dachaidan Mining Co., Ltd. and First Institute of Geological Exploration of Qinghai Province in 2020, was evaluated by the Qinghai Science and Technology Award Expert Review Panel, reviewed by the Qinghai Science and Technology Award Committee and approved by the people's government of Qinghai Province. It was the first time the Company won the Third Prize in the Qinghai Science and Technology Advancement Award. The people's government of Qinghai Province presented science and technology advancement award certificates to Wang Zhili, the project creator at Dachaidan Mining, as well as the relevant technical staff at First Institute of Geological Exploration of Qinghai Province.

By conducting an integrated analysis of the metallogeny of the Tanjianshan region, the award winning project proposed a new method of mineral exploration, i.e., "typical metallogenic model + RC drilling sampling target area + software analysis + deep-hole diamond drilling verification". The effective combination of advanced geological technology and drilling methods with innovative applications helped the Company successfully find a new ore field of medium-sized and above in the Qinglongtan region. This was a major breakthrough in mineral exploration in the region, and the industry can draw significant lessons from this project for regions with thick overburden.

Having won the Third Prize in the Qinghai Science and Technology Advancement Award, Qinghai Dachaidan Mining Co., Ltd. will continue to work hard and innovate going forward, and strive for higher honors in terms of scientific and technological advancement.