<SEC-DOCUMENT>0000943440-11-000718.txt : 20111019
<SEC-HEADER>0000943440-11-000718.hdr.sgml : 20111019
<ACCEPTANCE-DATETIME>20111019110808
ACCESSION NUMBER:		0000943440-11-000718
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20111019
FILED AS OF DATE:		20111019
DATE AS OF CHANGE:		20111019

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA NATURAL RESOURCES INC
		CENTRAL INDEX KEY:			0000793628
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26046
		FILM NUMBER:		111147366

	BUSINESS ADDRESS:	
		STREET 1:		RM 2205 22F WEST TOWER SHUN TAK CENTRE
		STREET 2:		168-200 CONNAUGHT ROAD C
		CITY:			SHEUNG WAN HONG KONG
		STATE:			K3
		ZIP:			-
		BUSINESS PHONE:		01185228107205

	MAIL ADDRESS:	
		STREET 1:		RM 2205 22F WEST TOWER SHUN TAK CENTRE
		STREET 2:		168-200 CONNAUGHT ROAD C
		CITY:			SHEUNG WAN HONG KONG
		STATE:			K3
		ZIP:			-

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHINA RESOURCES DEVELOPMENT INC
		DATE OF NAME CHANGE:	19950104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGENTA CORP
		DATE OF NAME CHANGE:	19940217
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>chnr_6k.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
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<TITLE>REPORT OF FOREIGN PRIVATE ISSUER</TITLE>
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<META NAME="date" CONTENT="10/18/2011">
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<P style="margin:0px; font-size:12pt" align=center>UNITED STATES</P>
<P style="margin:0px; font-size:12pt" align=center>SECURITIES AND EXCHANGE COMMISSION</P>
<P style="margin-top:0px; margin-bottom:10.667px; font-size:12pt" align=center>Washington, D.C. 20549</P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin-top:0px; margin-bottom:10.667px; font-size:12pt" align=center><B>Form&nbsp;6-K</B></P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin-top:0px; margin-bottom:10.667px; font-size:12pt" align=center><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>
<P style="margin-top:0px; margin-bottom:10.667px"><BR></P>
<P style="margin-top:0px; margin-bottom:10.667px; font-size:12pt">For the month of October 2011</P>
<P style="margin-top:0px; margin-bottom:10.667px"><BR></P>
<P style="margin-top:0px; margin-bottom:10.667px; font-size:12pt">Commission File Number 0-26046</P>
<P style="margin-top:0px; margin-bottom:10.667px"><BR></P>
<P style="margin:0px; font-size:12pt" align=center><U>China Natural Resources, Inc.</U></P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center>(Translation of registrant's name into English)</P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center><BR></P>
<P style="margin:0px; font-size:12pt" align=center>Room 2205, West Tower, Shun Tak Centre,</P>
<P style="margin:0px; font-size:12pt" align=center><U>200 Connaught Road Central, Sheung Wan, Hong Kong</U></P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center>(Address of principal executive offices)</P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:8.867px">Indicate by check mark whether the registrant files of will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F. Form&nbsp;20-F <FONT style="font-family:Wingdings">&#254;</FONT> &nbsp;Form&nbsp;40-F <FONT style="font-family:Wingdings">&#168;</FONT></P>
<P style="margin-top:0px; margin-bottom:8.867px">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation&nbsp;S-T Rule&nbsp;101(b)(1): <FONT style="font-family:Wingdings">&#168;</FONT></P>
<P style="margin-top:0px; margin-bottom:8.867px">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation&nbsp;S-T Rule&nbsp;101(b)(7): <FONT style="font-family:Wingdings">&#168;</FONT></P>
<P style="margin-top:0px; margin-bottom:8.867px">Indicate by check mark whether the registrant by furnishing the information contained in this Form&nbsp;is also thereby furnishing the information to the Commission pursuant to Rule&nbsp;12b3-2(b) under the Securities Exchange Act of 1934. Yes <FONT style="font-family:Wingdings">&#168;</FONT> No <FONT style="font-family:Wingdings">&#254;</FONT>.</P>
<P style="margin:0px">If &quot;Yes&quot; is marked, indicated below the file number assigned to the registrant in connection with Rule&nbsp;12b3-2(b): 82-_________.</P>
<P style="margin:0px"><BR></P>
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<BR></P>
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<P style="margin-top:0px; margin-bottom:9.8px; font-size:11pt"><B><U>Other Events</U></B></P>
<P style="margin:0px; font-size:11pt"><U>Behre Dolbear Independent Technical Report</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">In March 2011, China Natural Resources, Inc. (the &#147;Company&#148;) engaged Behre Dolbear Asia, Inc. (&#147;Behre Dolbear&#148;) to prepare an independent technical report (&#147;ITR&#148;) on the mineral Resources and Reserves contained at seven anthracite coal mines (the &#147;Mines&#148;) located in Guizhou Province, the People&#146;s Republic of China (&#147;PRC&#148;). On October 14, 2011, Behre Dolbear delivered the ITR and this Current Report on Form 6-K is furnished to report the results of the ITR.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The identity of the Mines, and the Company&#146;s percentage interest at each of the Mines, are described in the following table. </P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=318.867 /><TD width=319.533 /></TR>
<TR><TD style="margin-top:0px; border:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt" align=center><B>Name of Mine</B></P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center><B>Percentage Interest*</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Baiping Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>70%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Yongsheng Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>70%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Dayun Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>100%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Gouchang Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>99%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Dayuan Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>99%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Xinsong Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>99%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=318.867><P style="margin:0px; font-size:11pt">Linjiaao Coal Mine</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=319.533><P style="margin:0px; font-size:11pt" align=center>99%</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=638.4 colspan=2><P style="margin:0px; font-size:11pt">* &nbsp;The Company has acquired rights to explore, develop and/or produce coal at each of the Mines from the PRC State Government, which owns the land on which the Mines are situated as well as the minerals contained on and in the land. To the extent that the Company&#146;s interest in each of the Mines is less than 100%, the Company&#146;s interest in the Resources and Reserves disclosed in the ITR is correspondingly lower.</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">A detailed description of each of the Mines is contained in the Company&#146;s annual report on Form 20-F for the year ended December 31, 2010.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt"><U>Coal Resources and Reserves</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The ITR concludes that the seven coal mines which are the subject of the ITR hold approximately 127.88 million tonnes (&#147;Mt&#148;) of Measured, 200.23 Mt of Indicated, and 83.47 Mt of Inferred in-situ Coal Resources conforming to the definitions in the 2004 edition of <I>The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves</I> (the &#147;JORC Code&#148;). Included within the in-situ Coal Resources are approximately 30.00 Mt of Proved and 181.17 Mt of Probable Coal Reserves, also conforming to the JORC Code. Reference is made to the definitions appearing elsewhere in this Current Report for an understanding of the foregoing defined terms.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=center>2</P>
<P style="margin:0px"><BR></P>
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<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The following table extracted from the ITR discloses the in-situ JORC Equivalent Measured, Indicated and Inferred Coal Resources at each of the Mines:</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=127.667 /><TD width=127.667 /><TD width=127.667 /><TD width=127.667 /><TD width=7.667 /><TD width=120.067 /></TR>
<TR><TD style="margin-top:0px; border:1px solid #000000" valign=top width=638.4 colspan=6><P style="margin:0px; font-family:Times New Roman Bold,Times New Roman; font-size:11pt" align=center><B>BEHRE DOLBEAR&#146;S ESTIMATE OF IN-SITU JORC EQUIVALENT RESOURCE</B></P>
<P style="margin:0px; font-size:11pt" align=center><B>AS OF 01 MAY 2011</B></P>
<P style="margin:0px; font-size:11pt" align=center><B>(MILLIONS OF TONNES)</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667 rowspan=2><P style="margin:0px; font-size:11pt" align=center><B>Mine</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=510.733 colspan=5><P style="margin:0px; font-size:11pt" align=center><B>In-situ Resource Category</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>Measured</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>Indicated</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center><B>Inferred</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>Total</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Baiping</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>9.35</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>24.44</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>7.24</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>41.03</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Yongsheng</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>28.09</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>71.12</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>32.24</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>131.45</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Dayun</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>57.79</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>73.48</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>19.72</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>150.99</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Gouchang</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>8.75</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>3.67</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>1.52</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>13.94</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Dayuan</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>7.44</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>6.55</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>5.70</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>19.69</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Xinsong</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>10.25</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>14.30</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>16.77</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>41.32</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Linjiaao</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>6.21</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>6.67</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333 colspan=2><P style="margin:0px; font-size:11pt" align=center>0.29</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>13.17</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#C0C0C0; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=638.4 colspan=6><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt"><B>Total</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>127.88</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>200.23</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>83.47</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.733 colspan=2><P style="margin:0px; font-size:11pt" align=center><B>411.58</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The following table extracted from the ITR discloses the Proven Reserves and Probable Reserves at each of the Mines, prepared in accordance with guidelines established by the United States Securities and Exchange Commission (&#147;SEC&#148;). The SEC does not recognize &#147;Resources,&#148; as defined by the JORC Code. Therefore, the JORC Inferred Resource has been labeled as &#147;non-reserve&#148; coal. The non-reserve coal is in addition to the Proven Reserves and Probable Reserves at the Mines.</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=127.667 /><TD width=127.667 /><TD width=127.667 /><TD width=135.333 /><TD width=120.067 /></TR>
<TR><TD style="margin-top:0px; border:1px solid #000000" valign=top width=638.4 colspan=5><P style="margin:0px; font-family:Times New Roman Bold,Times New Roman; font-size:11pt" align=center><B>RESERVE CATEGORIZATION PER US SEC GUIDELINES</B></P>
<P style="margin:0px; font-size:11pt" align=center><B>AS OF 01 MAY 2011</B></P>
<P style="margin:0px; font-size:11pt" align=center><B>(MILLIONS OF TONNES)</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667 rowspan=2><P style="margin:0px; font-size:11pt" align=center><B>Mine</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=390.667 colspan=3><P style="margin:0px; font-size:11pt" align=center><B>Reserve Category</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067 rowspan=2><P style="margin:0px; font-size:11pt" align=center><B>Non-Reserve Coal</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>Proven</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>Probable</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center><B>Total Proven and Probable</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Baiping</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>4.00</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>19.04</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>23.04</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>7.24</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Yongsheng</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>4.00</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>49.05</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>53.05</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>32.24</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Dayun</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>12.50</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>84.79</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>97.29</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>19.72</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Gouchang</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>2.00</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>3.85</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>5.85</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>3.57</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Dayuan</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>3.00</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>5.27</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>8.27</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>6.38</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Xinsong</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>2.25</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>11.76</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>14.01</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>16.77</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt">Linjiaao</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>2.25</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center>7.41</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center>9.66</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center>0.29</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#C0C0C0; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=638.4 colspan=5><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt"><B>Total</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>30.00</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=127.667><P style="margin:0px; font-size:11pt" align=center><B>181.17</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=135.333><P style="margin:0px; font-size:11pt" align=center><B>211.17</B></P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=120.067><P style="margin:0px; font-size:11pt" align=center><B>86.21</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt"><U>The Coal Quality</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The physical and chemical characteristics of coal at the Mines can generally be categorized as WY2 and WY3 anthracite products, as defined by the State Standard of China Coal Classification System (GB5751-86). The data indicates that the vast majority of the coal is in the WY3 category, with dry volatile matter contents ranging from 6.5 percent to 10.0 percent. The dry ash contents of the coal indicates that beneficiation (coal washing) will be required prior to utilization in most instances.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=center>3</P>
<P style="margin:0px"><BR></P>
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<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">Specific data for Baiping C5, Dayun M8 and Yongsheng C8 coal seams confirm their applicability as Pulverized Coal Injection (&#147;PCI&#148;) products for use by the steel industry. &nbsp;From seam to seam, the Company has documented physical and chemical characteristics that are consistent with PCI grade I, II and III after coal washing in accordance with State Standard of China Coal Classification System (GB/T 1852-2008) for PCI coal definition.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt"><U>The JORC Code</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The JORC refers to the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy. The JORC Code was established to report mineral resources and ore reserves, and is widely accepted as a standard for professional reporting purposes. However, the determination of JORC-compliant resources and reserves uses procedures and protocols that are different from the procedures and protocols generally recognized in the United States for the determination of &#147;proven and probable&#148; reserves. &nbsp;Proven and probable reserves determined using procedures and protocols generally recognized in the United States, might be the same, similar or substantially different (higher or lower) from the results prepared in accordance with the JORC Code.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:9.8px; text-indent:48px; font-size:11pt">Moreover, coal reserve data are only estimates and may differ materially from our actual mining results. There are many factors, assumptions and variables beyond our control that result in inherent uncertainties in estimating reserves. Our actual volume of reserves and rates of production may be different from these estimates. Fluctuations in factors including the price of coal, production costs and transportation costs of coal, a variation on recovery rates or unforeseen geological or geotechnical perils may render it necessary to revise the estimates of coal reserves. If such a revision results in a substantial reduction in recoverable reserves at one or more of our major mines, it could materially and adversely affect our results of operations, financial condition and growth prospects.</P>
<P style="margin:0px; font-size:11pt"><U>Definitions</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The JORC Code defines the following terms relating to resources and reserves:</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Coal Resource</U>&#148;</B> &#150; a concentration or occurrence of coal of intrinsic economic interest in or on the Earth&#146;s crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, quality, geological characteristics and continuity of a Coal Resource are known, estimated or interpreted from specific geological evidence and knowledge. Coal Resources are subdivided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Inferred Coal Resource</U>&#148;</B> &#150; that part of a Coal Resource for which tonnage, quality and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence and assumed but not verified geological and/or quality continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability. Under the JORC Code, Inferred Coal Resources are deemed to be too poorly delineated to be transferred into a reserve category, and, therefore, no equivalent Possible Reserve category is used.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Indicated Coal Resource</U>&#148;</B> &#150; that part of a Coal Resource for which tonnage, densities, shape, physical characteristics, quality and mineral content can be estimated with a reasonable level of confidence. It is based on exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. The locations are too widely or inappropriately spaced to confirm geological and/or quality continuity, but are spaced closely enough for continuity to be assumed.</P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=center>4</P>
<P style="margin:0px"><BR></P>
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<P style="margin:0px"><BR></P>
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<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Measured Coal Resource</U>&#148;</B> &#150; that part of a Coal Resource for which tonnage, densities, shape, physical characteristics, quality and mineral content can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. The locations are spaced closely enough to confirm geological and quality continuity.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Coal Reserve</U>&#148;</B> &#150; is the economically mineable part of a Measured and/or Indicated Coal Resource. It includes diluting materials and allowances for losses, which may occur when the material is mined. Appropriate assessments and studies have been carried out and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified. Coal Reserves are sub-divided in order of increasing confidence into Probable Coal Reserves and Proved Coal Reserves.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Probable Coal Reserve</U>&#148;</B> &#150; the economically mineable part of an Indicated, and in some circumstances, a Measured Coal Resource. It includes diluting materials and allowances for losses which may occur when the material is mined. Appropriate assessments and studies have been carried out and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt"><B>&#147;<U>Proved Coal Reserve</U>&#148;</B> &#150; the economically mineable part of a Measured Coal Resource. It includes diluting materials and allowances for losses which may occur when the material is mined. Appropriate assessments and studies have been carried out and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:9.8px; font-size:11pt"><U>Risk Assessment and Risk Factors</U></P>
<P style="margin-top:0px; margin-bottom:9.8px; text-indent:48px; font-size:11pt">Behre Dolbear has identified the following risks to the ability of the Company&#146;s mines to meet the future production forecasts at the seven mines:</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt">Surface transportation in the mine areas is not well developed.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt">Mining of the lower stacked seams may reduce the percentage of recovery.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt">Production ramp-up time for new, mechanized longwalls may be increased due to the lack of experience in this type of mining in the work force and supervisory staff.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt">Changes in the proportion of PCI and chemical coal sales could affect the economics, particularly if greater proportion of the coal is sold as lower-price thermal coal.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">In addition, Behre Dolbear has identified the following risk factors related to their ITR:</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt"><B><U>Behre Dolbear has not Audited the Sampling Data or Conducted Independent Sampling</U></B>. Behre Dolbear accepted the drilling data, mine sampling data, and coal quality analyses presented by the Company for purposes of preparing its ITR. There is a <B>low risk</B> or error in the drilling data, mine sampling data, and coal quality analyses originally prepared by government institutions or licensed entities.</P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px" align=center>5</P>
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<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt"><B><U>Mathematical Errors in the Original Calculations May Affect Reserve Estimates</U></B>. Behre Dolbear found a small number of minor mathematical errors in the original resource reports and these were corrected. There is a <B>low risk</B> that the resource work still contains a few minor mathematical errors.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt"><B><U>Reserve Conversions May Result in Changes to Reserves</U></B>. The reserve conversion from the in-situ resource was completed using detailed engineering design specifications. Mine designs are more on a conceptual basis as opposed to what is generally accepted as a detail layout. Mine recoveries will need to be monitored as each mine moves to deeper seams and there is a <B>low risk</B> that reserves will require adjustment as appropriate.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt"><B><U>Multiple Stacked Seams May Affect Reserves</U></B>. Most of the Company&#146;s mines have multiple stacked seams. The Company has little operations experience with mining stacked seams and mistakes in pillar design or layout on the lower seams may result in a <B>moderate risk</B> that problems in achieving the projected recoveries from the lower seams may arise.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt"><B><U>Economics Used for the Determination of Mineable Seams</U></B>. Minable seams were determined based on the overall operating and capital costs and there is a <B>low to moderate risk</B> that higher operating costs might alter determinations of economic feasibility.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:80px; font-family:Symbol; font-size:11pt; clear:left; float:left">&#183;</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-size:11pt"><B><U>Mining Loss</U></B>. &nbsp;Behre Dolbear believes that the mining losses or mine recoveries used in the reserve calculations are achievable in the short term; however, as mining progresses to deeper seams the risks of reduced seam recoveries increases from <B>low risk</B> for the first 10 to 15 years, <B>moderate risk</B> for years 16 to 30, and <B>high-moderate risk</B> from year 31 to the end of the mining life.</P>
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<P style="margin:0px; font-size:11pt"><U>About Behre Dolbear</U></P>
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<P style="margin:0px; text-indent:48px; font-size:11pt">Behre Dolbear is an affiliate of Behre Dolbear Group Inc., a mineral industry advisory and consulting group, with offices in 11 cities internationally, which specializes in performing mineral industry studies for mining companies, financial institutions and natural resource firms.</P>
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<P style="margin:0px; font-size:11pt"><U>Press Release</U></P>
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<P style="margin:0px; text-indent:48px; font-size:11pt">On October 19, 2011, the Company issued a press release describing the results of the ITR. The press release furnished herewith as Exhibit&nbsp;99.1 shall not be deemed &#147;filed&#148; for the purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, and is not incorporated by reference into any filing of the registrant, whether made before or after the date hereof, regardless of any general incorporation language in such filing.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-size:11pt; float:left">99.1</P>
<P style="margin-top:0px; margin-bottom:9.8px; text-indent:-2px; font-size:11pt">Press Release dated October 19, 2011.</P>
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<P style="margin-top:0px; margin-bottom:9.8px; font-size:11pt" align=center><B>SIGNATURES</B></P>
<P style="margin-top:0px; margin-bottom:9.8px; text-indent:48px; font-size:11pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
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<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=274.267 colspan=2><P style="margin:0px; font-size:11pt"><B>CHINA NATURAL RESOURCES, INC.</B></P>
</TD><TD style="margin-top:0px" valign=top width=38.067><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=24.933><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=249.333><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=38.067><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; font-size:11pt">Date: &nbsp;October 19, 2011</P>
</TD><TD style="margin-top:0px" valign=top width=24.933><P style="margin:0px; font-size:11pt">By:</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=249.333><P style="margin:0px; font-size:11pt">/s/ Li Feilie</P>
</TD><TD style="margin-top:0px" valign=top width=38.067><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=24.933><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=249.333><P style="margin:0px; font-size:11pt">Li Feilie</P>
</TD><TD style="margin-top:0px" valign=top width=38.067><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=24.933><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=249.333><P style="margin:0px; font-size:11pt"><I>Chairman and Chief Executive Officer</I></P>
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<P style="margin:0px" align=center><B>EXHIBIT INDEX</B></P>
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</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top><P style="margin:0px" align=center><B>Description</B></P>
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<TR><TD style="margin-top:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=107.4><P style="margin:0px" align=center>99.1</P>
</TD><TD style="margin-top:0px; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top><P style="margin:0px">Press Release dated October 19, 2011</P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=right><B>EXHIBIT 99.1</B></P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify><B>CONTACT</B></P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify>Edward Wong, Chief Financial Officer</P>
<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify>011-852-2810-7205 or <FONT style="color:#0000FF"><U>cfo@chnr.net</U></FONT><FONT style="font-family:Arial; font-size:12pt"></FONT></P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify><B>FOR IMMEDIATE RELEASE</B></P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=center><B>CHINA NATURAL RESOURCES RELEASES</B></P>
<P style="line-height:12pt; margin:0px; font-size:11pt" align=center><B>RESULTS OF INDEPENDENT TECHNICAL REPORT</B></P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify>HONG KONG, October 19, 2011 &#150; CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR), a company based in the People&#146;s Republic of China, today released the results of an Independent Technical Report (&#147;ITR&#148;) prepared by Behre Dolbear <A NAME="_GoBack"></A>Asia, Inc. (&#147;Behre Dolbear&#148;) relating to the coal resources and reserves contained at seven coal mines located in Guizhou Province, the PRC, at which the Company holds mining rights.</P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify>The ITR concludes that the seven coal mines which are the subject of the ITR hold approximately 127.88 million tonnes (&#147;Mt&#148;) of Measured, 200.23 Mt of Indicated, and 83.47 Mt of Inferred in-situ Coal Resources conforming to the definitions in the 2004 edition of <I>The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves</I> (the &#147;JORC Code&#148;). Included within the in-situ Coal Resources are approximately 30.00 Mt of Proved and 181.17 Mt of Probable Coal Reserves, also conforming to the JORC Code. Reference is made to the definitions appearing in the Company&#146;s Current Report on Form 6-K furnished to the Securities and Exchange Commission on October 19, 2011 for an understanding of the foregoing defined terms. The ITR also concluded that the seven mines contained approximately 30.00 Mt of Proven and 181.17 Mt of Probable Coal Reserves, as such terms are used in rules and regulations promulgated by the Securities and Exchange Commission.</P>
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<P style="line-height:12pt; margin:0px; font-size:11pt" align=justify>Mr.&nbsp;Feilie Li, the Company's Chairman and CEO, commented on the results of the ITR: &quot;The results of the independent technical report prepared by Behre Dolbear are encouraging. The Company is committed to providing useful, transparent and internationally comparable coal reserve information to our shareholders and the investment community. The progress of the mine construction and/ or upgraded mine development projects of the coal mines is satisfactory. Both Baiping and Gouchang coal mines are currently operating while Linjiaao coal mine is in trial run. The mine construction of Yongsheng mine, which has been granted a mining right permit to mine 600,000 tonnes per annum in its first phase of development, is expected to be completed next year and its trial run will be commenced thereafter. We remain positive about the prospects for the coal mining industry in the PRC and we will continue to pursue growth through acquisition and consolidation of small to medium sized coal mines.&#148; </P>
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<P style="line-height:12pt; margin:0px" align=justify><U>About China Natural Resources, Inc.</U>:</P>
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<P style="line-height:12pt; margin:0px" align=justify>China Natural Resources, Inc., a British Virgin Islands corporation, through its operating subsidiaries in the People's Republic of China, is currently engaged in (a) the acquisition and exploitation of mining rights, including the exploration, mineral extraction, processing and sale of iron, zinc and other nonferrous metals, extracted or produced in Anhui Province in the PRC, and (b) the acquisition, exploration, development and production of coal resources in Guizhou Province in the PRC.</P>
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<P style="line-height:12pt; margin:0px" align=justify><U>About Behre Dolbear:</U></P>
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<P style="line-height:12pt; margin:0px" align=justify>Behre Dolbear is an affiliate of Behre Dolbear Group Inc., a mineral industry advisory and consulting group, with offices in 11 cities internationally, which specializes in performing mineral industry studies for mining companies, financial institutions and natural resource firms.</P>
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<P style="line-height:12pt; margin:0px" align=justify><U>Forward-Looking Statements</U>:</P>
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<P style="line-height:12pt; margin:0px" align=justify>This press release includes forward-looking statements within the meaning of federal securities laws. These statements include, without limitation, statements regarding the intent, belief and current expectations of management with respect to the Company's policies regarding investments, dispositions, financings, conflicts of interest and other matters; and trends affecting the Company's financial condition or results of operations. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, many of which are outside of our control, and actual results may differ materially from those in the forward-looking statement. Among the risks and uncertainties that could cause our actual results to differ from our forward-looking statements are: uncertainties relating to our business operations and operating results; uncertainties regarding the governmental, economic and political environment in the People&#146;s Republic of China; uncertainties associated with metal and coal price volatility; uncertainties associated with the Company&#146;s reliance on third-party contractors and other risks detailed from time to time in the Company&#146;s filings with the Securities and Exchange Commission, including without limitation the information set forth in our Annual Report on Form&nbsp;20-F under the heading &quot;Risk Factors&quot;. While management believes that its assumptions forming the bases for forward looking statements are reasonable, assumed facts or bases generally vary from actual results, and there can be no assurance that the expectations or beliefs expressed in forward looking statements will be achieved or accomplished.</P>
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