Zhen Ding resources Inc.,
is a Delaware company incorporated in Delaware and whose business objective is to profit from the processing of the natural resource and metals industry.
The Company’s primary activity is in gold and copper mining, development and production in China and Southeast Asia.
The Company is a SEC reporting and publicly traded company through a reverse merger with Robotech Inc. Robotech has changed its name to Zhen Ding Resources Inc. (Delaware)
More on Zhen Ding Resources Inc.
The Company also plans to participate in other mineral exploration and mining, specifically, silver, molybdenum, zinc and lead.
The Company’s goal is to establish itself in these areas as a major force in the mining industry by bringing together its network of financing sources, management expertise, the latest mining technology and extensive local industry and government contacts.
The Company will maintain several regional offices worldwide, in the future.
In 2009, the Company acquired 100% of the common shares of Z&W ZHEN DING CORP, a California corporation, which operates in China through a 70% interest in a Chinese Joint Venture Company, Jian Xian Ding Mining Inc., of Anhui Province, China.
The Chinese Joint Venture Company: In October, 2006, and in accordance with the laws on Joint Ventures Using Foreign Investments of the Peoples Republic of China, XINZHOU GOLD CO.LTD (“Xinzhou”) and Z&W ZHEN DING CORP, entered into a joint venture contract forming the JING XIAN ZHEN DING MINING CO., with initial authorized capital of USD $1.6 million and as its major asset, 100% of the financial benefit of the WUXI GOLD project in Anhui Province.
Wuxi Gold Project
The Wuxi gold and copper mine is located in Jingxian County, in the southwest region of Anhui Province, China.
Much exploration has been done to date, including a mining feasibility study. The Company engaged an Independent American geologist to review this information and produce a 43-101 type report.
In 2007, the exploration data and feasibility study showed approximately 295,000 tones of probable mine-able ore reserves averaging 8.41 g/T gold, 453 g/T silver, 1.33% copper, 2.63 % lead and 1.92%, containing 80,000 oz. gold, 4.3 million oz., silver, 8.6 million lbs. and copper, 17 million lbs.
The above figures does not include any new exploration results being performed in the past 5 years This information is being collected and analyzed. The report is due this fall.
During 2010 and 2011, the Company spent $4,000,000 to develop and build a mine and processing plant to extract primarily gold and copper. Production commenced in the spring of 2013, and for the quarter ending September 2013, the JV anticipates reporting its first revenue.
The Company’s primary activity is in gold mining, development and production.
Business objective is to profit from the recent strong worldwide revival of interhe Company’s primary activity is in gold mining, developmose business objective is to profit from the recent strong worldwide revival of interest in prehe Company’s primary activity is in gold mining, development and production.
Whose business objective is to profit from the recent strong worldwide revival of interest in precious metals. Whose business objective is to profit from the worldwide interest in precious metals.
The Company’s primary activity is in gold mining, exploration & processing.
Business objective is to profit from the worldwide interest in precious metals.
The Company’s primary activity is in gold mining, exploration, development and production.