| The Company is established to accomplish the following Business Purposes: |
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1. |
To engage in mining, exploration, prospecting of gold and other minerals; |
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2. |
To engage in the development, production and processing of economic minerals and by-products; |
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3. |
To enter into business transaction in the selling and buying of the products both within the local and foreign markets; |
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4. |
To perform both field and laboratory studies on all useful minerals so as to determine and ensure the reserve and the extent of the deposit; |
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5. |
To engage in shallow and deep drilling operations so as to determine and ensure the reserve quality and depth extent of the deposit; |
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6. |
To engage in wholesale or retail selling of gold and other minerals both to foreign and local markets; |
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7. |
To engage in the production and importation of equipment, consumables and spare parts related to the above operations; |
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8. |
To enter into hedging and similar contracts; |
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9. |
To construct building and alter buried assets related to mining and exploration activities; and |
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10. |
To engage in any other business activities which the Company may think relevant to enhance the above mentioned business purposes of the Company. |
