BEIJING, June 20 -- A share-controlling subsidiary of Zhongjin Gold Co., Ltd. (600489.SH) recently made a big breakthrough in prospecting, which is predicted to bring it addition gold reserve of 20 tons.

     The Inner Mongolia-based subsidiary with 90 percent of shares controlled by Zhongjin Gold, plans to mine the gold mine at a pace of 3,000 tons/ton and it is predicted to produce 3,000 kilograms of gold a year. The project is scheduled for completion in October 2009.