Operational Update

Operational Update

China Nonferrous Gold Limited

16 November 2018

China Nonferrous Gold Limited 中国有色黄金有限公司

(“CNG” or the “Company”)

Operational Update

China Nonferrous Gold Limited 中国有色黄金有限公司 (AIM: CNG), the mineral exploration and mining company currently mining the Pakrut gold project in the Republic of Tajikistan, is pleased to provide the following operational update.

As previously announced, the finalisation of all infrastructure projects of the Pakrut gold mine is expected to be completed during the fourth quarter of 2018.

As per this announcement, the company is happy to announce that CNG has succeeded in finalizing the combined/linked commissioning of the filling system and tailings transportation at the Pakrut gold mine, which marks that the company has already achieved a production scale of 2000 tons per day.

For further information please visit the Company’s website (www.cnfgold.com) or contact:

China Nonferrous Gold Limited

Yu Lixian, Managing Director

Tel: [phone]

Investec Bank plc

Jeremy Ellis, Alexander Ruffman

Tel: [phone]

Blytheweigh

Tim Blythe, Camilla Horsfall

Tel: [phone]

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