SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported: August 25, 2005
CHINA NETTV HOLDINGS, INC.
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(Exact name of registrant as specified in its charter)
Nevada 000-26217 98-0203170
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
830-789 West Pender Street, Vancouver, B.C. Canada V6C 1H2
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(Address of principal executive offices) (Postal Code)
Registrant's telephone number, including area code: (604) 689-4407
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions.
[_] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR240.14d-2(b))
[_] Soliciting material pursuant to Rule 14a-12 under Exchange Act
(17 CFR240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR240.13e-4(c))
Section 1 - Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
None
Item 1.02 Termination of a Material Definitive Agreement
None
Item 1.03 Bankruptcy or Receivership
None
Section 2 - Financial Information
Item 2.01 Completion of Acquisition or Disposition of Assets
None
Item 2.02 Results of Operations and Financial Condition
None
Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an
Off-Balance Sheet Arrangement of a Registrant
None
Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial
Obligation or an Obligation Under an Off-Balance Sheet Arrangement
None
Item 2.05 Costs Associated with Exit or Disposal Activities
None
Item 2.06 Material Impairments
None
Section 3 - Securities Trading Markets
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing
None
Item 3.02 Unregistered Sales of Equity Securities
None
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Item 3.03 Material Modification to Rights of Security Holders
None
Section 4 - Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Account
None
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related
Audit Report or Completed Interim Review
None.
Section 5 - Corporate Governance and Mangement
Item 5.01 Changes in Control of Registrant
None
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
None
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year
None
Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit
Plans
None
Item 5.05 Amendments to the Registrant's Code of Ethics, or Waiver of a Provi-
sion of the Code of Ethics.
None
Section 6 - [Reserved]
Section 7 - Regulation FD
Item 7.01 Regulation FD Disclosure
None
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Section 8 - Other Events
Item 8.01 Other Events
Ronald W. Thiessen, President and CEO of Continental Minerals Corporation
(TSX.V-KMK; OTC.BB-KMKCF) and Anthony Garson, President and CEO of China NetTV
Holdings Inc. (OTC.BB-CTVH) announced that ongoing core drilling continues to
intersect long intervals of copper and gold mineralization at the Xietongmen
project, located 240 kilometres southwest of Lhasa in Tibet, People's Republic
of China.
Through a venture with China NetTV, Continental can earn a 60% interest in the
Xietongmen property by making payments and project expenditures of US$10 million
prior to November 9, 2007. Continental is the operator of the exploration
programs on the property. The Xietongmen property hosts porphyry-like copper and
gold mineralization within a four kilometre long alteration zone. Six drill rigs
are on site and systematically delineating the new deposit discovery which is
open to expansion in all lateral directions.
New results from drill holes numbered 5015, 5016 and 5018 are reported below.
Assay results continue to show continuity of mineralization. A Property Location
Map, a Drill Hole Plan and Cross Sections are posted on the partners' websites
at www.continentalminerals.com & www.ctvh-holdings.com.
XIETONGMEN ASSAY TABLE
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Drill From To (metres) Intercept Intercept Cu1 Au1 CuEQ2 AuEQ2
Hole (metres) (metres) (feet) % g/t % g/t
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5015 48.3 363.9 315.6 1035 0.61 1.11 1.26 2.16
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5015 Incl. 182.0 232.0 50.0 164 0.79 1.49 1.65 2.84
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5015 Incl. 253.3 344.0 90.7 298 0.62 1.53 1.51 2.59
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5016 87.0 339.0 252.0 827 0.55 0.79 1.01 1.73
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5017 Assays Pending
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5018 12.0 208.0 196.0 643 0.59 0.81 1.06 1.82
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5018 Incl. 22.0 167.0 145.0 476 0.63 0.84 1.12 1.91
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1 Copper capped at 5%, gold capped at 10 g/t for all calculations.
2 Copper and gold equivalent calculations use metal prices of US$1.00/lb for
copper and US$400/oz for gold.
Adjustment factors to account for differences in relative metallurgical
recoveries for gold and copper will depend upon the completion of definitive
metallurgical testing.
CuEQ = Cu % + (Au g/t x 12.86/22.046)
AuEQ = (Cu % x 22.046/12.86) + Au g/t
As part of its commitment to responsible mineral development, the
Continental/China NetTV venture has initiated a community engagement program.
Active dialogue with the local residents in the Tibetan villages and the various
authorities in the region will be ongoing in order that the project proceeds in
a manner that respects local socio-economic priorities and provides benefits
within the region as well as incorporating a standard of environmental
management.
Infrastructure for the project site includes a paved highway and a hydroelectric
transmission line that pass near to the southern boundary of the property. The
highway provides access to the city of Xigaze (population 130,000),
approximately 53 kilometres to the east, where fuel, food, lodging and office
facilities are available. Other supplies, heavy equipment, equipment operators
and vehicles are readily obtainable in Lhasa.
Mark Rebagliati, P.Eng., a Qualified Person as defined under National Instrument
43-101, is supervising the drilling program and quality assurance and quality
control ("QAQC") on behalf of Continental Minerals Corporation. The program
includes rigorous QAQC procedures. Acme Analytical Laboratories of Vancouver,
BC, an ISO 9001:2000 accredited laboratory, performs the sample preparation and
assaying for the project. Gold analysis is by 30 g Fire Assay fusion with an
Inductively Coupled Plasma-Emission Spectroscopy (ICP-ES) finish. Copper assays
are done by four acid digestion with an ICP-ES finish. Continental includes
standards, blanks and duplicates in addition to the laboratory's internal
quality control work.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
A. Financial Statements - None
B. Exhibits - 99 Press Release
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Signatures
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.
Date: August 31, 2005 China NetTV Holdings, Inc.
By: /s/ Maurice Tsakok
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Maurice Tsakok, Director
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