SINGAPORE (Mar 22): CNMC Goldmine announced that a recent independent review has estimated that its Sokor flagship project in Kelantan, Malaysia, contains 724,000 ounces (oz) of JORC-compliant gold resource in the ground, the highest on record since the group started exploration in 2007.

The assessment made by Australia-based Optiro as at Dec 16 2017 was 16% more than the 623,000 ounces of gold it estimated at the Sokor gold field at the end of 2016, even after taking into account the ore depleted during 2017.

The positive assessment came after CNMC experienced more than a year of weaker-than-expected production.

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