China West International Holdings Limited (ASX:CWH) Announces Gold Mining Leases Acquisition in Queensland

Sydney, Dec 7, 2010 AEST (ABN Newswire) - China West International Holdings Limited (ASX:CWH) is pleased to announce it has entered into a contract to purchase two gold mining leases situated approximately 27 km south of Charters Towers in Queensland.

The full details of this acquisition will be announced to the market as they are available.

A summary detail of this acquisition is as follows:

- Company Name: Success Seminars Pty Limited

- Date of Contract: 6 December 2010

- Mining Lease Number: ML10124 (Approximately 22 hectares); ML10125 (Approximately 32 hectares)

- Consideration: A$300,000 in cash and A$125,000 shares in CWH

- District: Charters Towers

- Contract completion date: 28 February 2011

- Share ownership: 100%

For location maps of the leases, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/64381-ASX-CWH-519447.pdf