On our Management Team, Board of Directors and Advisory Team you will find accomplished, hard working and dedicated individuals with the skills and experience to successfully develop Inter-Citic's potential as a major gold exploration company in China.
There are many other people who work with Inter-Citic who you will not see here. They include the many talented and hard-working people of Qinghai who work with us. As with all of us, they are as dedicated to the success of the Dachang Gold Project and seeing Inter-Citic become a major gold exploration and development company in China.
Corporate Governance Documents
Forward Looking Statements
Certain of the statements made by the Company and on our website may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities law. These forward-looking statements or information include, but are not limited to statements or information with respect to financial disclosure, estimates of future production, the future price of gold, estimations of mineral reserves and resources and metallurgical recoveries, estimates of anticipated costs and expenditures, development and production timelines and our goals and strategies.
Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
We have made numerous assumptions about the forward-looking statements and information contained herein, including among other things, assumptions about the price of gold, our anticipated costs and expenditures and our ability to achieve our goals. Even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements or information will prove to be accurate.
Forward-looking statements and forward-looking information by their nature are based on assumptions and involve unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Such risks, uncertainties and other factors include, among others, the following: gold price volatility; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries; mining operational and development risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; currency fluctuations; speculative nature of gold exploration; global economic climate; ability to obtain financing; ability to identify and complete acquisitions; dilution; share price volatility; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the section entitled "Risk Factors" in the Company's current Annual Information Form. Should one or more of these risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements and information.
Although we have attempted to identify factors that would cause actual actions, events or results to differ materially from those described in forward-looking statements and information, there may be other factors that cause actual results, performances, achievements or events to not be as anticipated, estimated or intended. Also many of the factors are beyond our control. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipate in such statements. Accordingly readers should not place undue reliance on forward-looking statements or information. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada and the U.S. All forward-looking statements and information contained on this website are qualified by this cautionary statement.
Cautionary Note to U.S. Investors
Mineral Reserves and Mineral Resources: The terms "mineral reserve", "proven mineral reserve" and "probable mineral reserve" referred to in the Company's disclosure are Canadian mining terms as defined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council on August 20, 2000 as may be amended from time to time by the CIM. These definitions differ from the definitions in the United States Securities & Exchange Commission ("SEC") Guide 7. Under SEC Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historic average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.
The terms "mineral resource", "measured mineral resource", "indicated mineral resource", "inferred mineral resource" used in the Company's disclosure are Canadian mining terms as defined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the CIM Standards. Mineral resources which are not mineral reserves do not have demonstrated economic viability. While the terms "mineral resource", "measured mineral resource," "indicated mineral resource", and "inferred mineral resource" are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the SEC. As such, information contained in the Company's disclosure concerning descriptions of mineralization and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings. With respect to "indicated mineral resource" and "inferred mineral resource" there is a great amount of uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility. It can not be assumed that all or any part of an "indicated mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves.
The information contained in this web site is to provide a general overview of Inter-Citic Minerals Inc.'s activities and is not intended to be a comprehensive review of all matters concerning the Company. Inter-Citic Minerals Inc. makes no representations nor provides any warranty as to the accuracy, currency or completeness of such information. The information contained in this web site may be modified by the Company at any time without prior notice. In no event shall Inter-Citic Minerals Inc. be liable for any direct, indirect, consequential or other damages arising or connected with the use of this web site or the information herein.
By accessing this site, you agree to be bound by the terms and conditions set forth below:
The contents of this site are provided for informational purposes only and may not be copied, summarized, distributed, modified, transmitted, revised or commercially exploited without the Company's prior written permission.
The information in this site is time sensitive and is accordingly subject to change at any time. The information is based on sources believed to be reliable, however, no assurances can be provided to the reader that the information is accurate and complete.
Inter-Citic Minerals Inc. expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the Company including liability with respect to losses or damages of any kind, including consequential or special damages.
Under no circumstances should any material in this site be construed as an offering of securities. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the Company.