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: October 31, 2005
CHINA NETTV HOLDINGS, INC.
--------------------------------
(Exact name of registrant as specified in its charter)
Nevada 000-26217 98-0203170
- ------------------ ---------------- ------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
830-789 West Pender Street, Vancouver, B.C. Canada V6C 1H2
- ------------------------------------------------------ ---------
(Address of principal executive offices) (Postal Code)
Registrant's telephone number, including area code: (604) 689-4407
--------------
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
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
Section 8 - Other Events
Item 8.01 Other Events
Ronald W. Thiessen, President and CEO of Continental Minerals Corporation, and
Anthony Garson, President and CEO of China NetTV Holdings Inc., announce the
results from six additional core holes completed at the Xietongmen project,
located 240 kilometres southwest of Lhasa in Tibet, People's Republic of China.
Drilling, with six rigs in operation, is ongoing and continues to intersect long
intervals of copper and gold mineralization. Assay results consistently show the
continuity of the mineralization. The area drilled on 50 metre centres now
measures approximately 700 metres northwest-southeast by 350 metres
northeast-southwest. The deposit remains open to expansion in all lateral
directions.
New results from drill holes numbered 5017 and 5032 through 5036 are reported
below and a table of all drill hole assay results to date is attached. A
Property Location Map, a Drill Hole Plan and Cross Sections are posted on the
partner's websites at www.continentalminerals.com,
http://www.continentalminerals.com/ & www.ctvh-holdings.com
http://www.ctvh-holdings.com/. Drilling of holes 5051 through 5056 is currently
underway at the site. Sampling or assaying of holes 5023, 5027 to 5031 and 5037
to 5050 is in progress.
XIETONGMEN PROJECT NEW ASSAY RESULTS
=====================================================================================================
From (metres) To Intercept Intercept Cu1 Au1 CuEQ2 % AuEQ2
Drill Hole (metres) (metres) (feet) % g/t g/t
=====================================================================================================
5017 28.6 284.1 255.5 838 0.69 0.99 1.27 2.18
=====================================================================================================
5017 Incl. 28.6 79.0 50.4 165 1.07 0.97 1.63 2.80
=====================================================================================================
5017 and 28.6 49.0 20.4 67 1.61 1.03 2.21 3.79
=====================================================================================================
5017 Incl. 172.0 284.1 112.1 368 0.70 1.23 1.42 2.43
=====================================================================================================
5032 31.0 296.0 265.0 869 0.45 0.73 0.87 1.49
=====================================================================================================
5032 Incl. 128.0 296.0 168.0 551 0.52 0.91 1.05 1.79
=====================================================================================================
5032 and 128.0 190.0 62.0 203 0.66 1.04 1.27 2.17
=====================================================================================================
5033 128.0 349.5 221.5 727 0.59 1.13 1.25 2.14
=====================================================================================================
5033 Incl. 168.0 312.0 144.0 472 0.65 1.30 1.41 2.42
=====================================================================================================
5034 20.8 224.0 203.2 667 0.69 0.77 1.14 1.96
=====================================================================================================
5034 Incl. 20.8 41.0 20.2 66 1.08 0.65 1.46 2.50
=====================================================================================================
5034 Incl. 152.0 218.0 66.0 217 0.74 1.29 1.49 2.55
=====================================================================================================
5035 83.0 303.0 220.0 722 0.50 0.90 1.03 1.77
=====================================================================================================
5035 Incl. 155.0 199.0 44.0 144 0.67 1.40 1.49 2.55
=====================================================================================================
5035 Incl. 251.0 293.0 42.0 138 0.68 0.92 1.22 2.09
=====================================================================================================
5036 20.1 208.3 188.2 617 0.56 0.99 1.14 1.95
=====================================================================================================
5036 Incl. 103.0 197.5 94.5 310 0.65 1.28 1.40 2.40
=====================================================================================================
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
Plans are to continue drilling to mid December. Also, property wide surface
exploration and mapping is now underway to assess the full potential of the
Xietongmen mineral property. In all, Continental expects to complete
expenditures on the Xietongmen property of approximately US$5 million for 2005.
Plans, budgets and schedules are now being worked up for aggressive programs and
studies, including substantial drilling, for 2006. It is expected that the
multi-rig delineation drilling program will continue after a break period for
Christmas and Chinese New Year.
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") programs 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.
XIETONGMEN ASSAY TABLE
OCTOBER 31, 2005
=====================================================================================================
Drill From To (metres) Intercept Intercept Cu1 Au1 CuEQ2 AuEQ2
Hole (metres) (metres) (feet) % g/t % g/t
=====================================================================================================
5001 15.8 277.6 261.8 859 0.41 0.60 0.76 1.30
=====================================================================================================
5001 Incl. 44.6 70.0 25.5 84 0.74 0.81 1.22 2.09
=====================================================================================================
5002 8.6 259.9 251.3 824 0.55 0.82 1.02 1.75
=====================================================================================================
5002 Incl. 44.5 77.2 32.7 107 0.96 0.77 1.41 2.42
=====================================================================================================
5003 2.5 226.1 223.6 734 0.37 1.05 0.99 1.70
=====================================================================================================
5003 Incl. 99.1 123.2 24.1 79 0.92 2.45 2.35 4.02
=====================================================================================================
5004 46.5 294.0 247.5 812 0.57 0.67 0.96 1.65
=====================================================================================================
5004 Incl. 46.5 188.0 141.5 464 0.70 0.77 1.15 1.97
=====================================================================================================
5005 20.4 200.0 179.6 589 0.36 0.53 0.67 1.15
=====================================================================================================
5005 Incl. 20.4 122.5 102.1 335 0.43 0.63 0.80 1.37
=====================================================================================================
5006 18.7 242.7 224.0 735 0.49 0.76 0.94 1.61
=====================================================================================================
5006 Incl. 18.7 121.6 102.9 338 0.71 0.99 1.28 2.20
=====================================================================================================
5007 41.2 97.0 55.8 183 0.88 0.29 1.05 1.80
=====================================================================================================
5007 151.0 195.0 44.0 144 0.22 0.70 0.63 1.08
=====================================================================================================
5008 17.0 306.0 289.0 948 0.63 1.07 1.25 2.14
=====================================================================================================
5008 Incl. 40.2 70.0 29.8 98 1.05 0.89 1.57 2.69
=====================================================================================================
5008 Incl. 155.0 181.3 26.3 86 0.98 1.67 1.95 3.35
=====================================================================================================
5009 82.0 137.5 55.5 182 0.42 0.47 0.69 1.19
=====================================================================================================
5010 36.7 122.0 85.3 280 0.63 0.50 0.91 1.57
=====================================================================================================
5010 Incl. 41.0 88.2 47.2 155 0.81 0.55 1.13 1.93
=====================================================================================================
5010 and 41.0 63.0 22.0 72 1.08 0.69 1.48 2.54
=====================================================================================================
5011 45.3 301.9 256.6 842 0.66 0.89 1.18 2.03
=====================================================================================================
5011 Incl. 45.3 184.0 138.7 455 0.80 0.94 1.35 2.31
=====================================================================================================
5011 Incl. 254.0 300.0 46.0 151 0.70 1.04 1.30 2.23
=====================================================================================================
5012 24.0 332.5 308.5 1012 0.87 1.26 1.61 2.76
=====================================================================================================
5012 Incl. 24.0 106.0 82.0 269 1.36 0.83 1.84 3.16
=====================================================================================================
5012 and 24.0 61.0 37.0 121 2.15 0.62 2.52 4.31
=====================================================================================================
5012 Incl. 119.1 332.5 213.4 700 0.72 1.46 1.57 2.69
=====================================================================================================
5013 42.0 349.4 307.4 1009 0.64 0.76 1.09 1.87
=====================================================================================================
5013 Incl. 66.0 176.0 110.0 361 0.83 0.89 1.35 2.32
=====================================================================================================
5014 76.0 304.0 228.0 748 0.51 0.84 1.00 1.71
=====================================================================================================
5014 Incl. 76.0 112.0 36.0 118 0.74 0.91 1.27 2.17
=====================================================================================================
5014 Incl. 171.0 211.0 40.0 131 0.59 0.94 1.14 1.95
=====================================================================================================
5015 48.3 363.9 315.6 1035 0.61 1.11 1.26 2.16
=====================================================================================================
5015 Incl. 182.0 232.0 50.0 164 0.79 1.49 1.65 2.84
=====================================================================================================
5015 Incl. 253.3 344.0 90.7 298 0.62 1.53 1.51 2.59
=====================================================================================================
5016 87.0 339.0 252.0 827 0.55 0.79 1.01 1.73
=====================================================================================================
5017 28.6 284.1 255.5 838 0.69 0.99 1.27 2.18
=====================================================================================================
5017 Incl. 28.6 79.0 50.4 165 1.07 0.97 1.63 2.80
=====================================================================================================
5017 and 28.6 49.0 20.4 67 1.61 1.03 2.21 3.79
=====================================================================================================
5017 Incl. 172.0 284.1 112.1 368 0.70 1.23 1.42 2.43
=====================================================================================================
5018 12.0 208.0 196.0 643 0.59 0.81 1.06 1.82
=====================================================================================================
5018 Incl. 22.0 167.0 145.0 476 0.63 0.84 1.12 1.91
=====================================================================================================
5019 38.0 46.0 8.0 26 0.72 0.08 0.76 1.31
=====================================================================================================
5019 66.0 365.0 299.0 981 0.56 0.80 1.02 1.75
=====================================================================================================
5019 Incl. 92.1 201.0 108.9 357 0.71 0.94 1.26 2.16
=====================================================================================================
5019 Incl. 315.9 362.6 46.7 153 0.61 1.08 1.24 2.13
=====================================================================================================
5020 80.0 288.0 208.0 682 0.54 0.69 0.94 1.61
=====================================================================================================
5020 Incl. 106.0 142.0 36.0 118 0.78 0.78 1.24 2.12
=====================================================================================================
5020 Incl. 187.0 288.0 101.0 331 0.53 0.85 1.02 1.75
=====================================================================================================
5021 Incl. 53.0 297.0 244.0 801 0.62 1.11 1.27 2.17
=====================================================================================================
5021 Incl. 119.0 297.0 178.0 584 0.68 1.36 1.47 2.52
=====================================================================================================
5021 187.0 374.0 187.0 614 0.53 1.22 1.24 2.12
=====================================================================================================
5021 Incl. 306.1 315.0 8.9 29 0.73 1.34 1.51 2.58
=====================================================================================================
5022 16.0 211.0 195.0 640 0.60 0.84 1.09 1.86
====================================================================================================
5022 Incl. 119.0 187.0 68.0 223 0.78 1.03 1.38 2.36
=====================================================================================================
5023 Results Pending
=====================================================================================================
5024 113.0 370.6 257.6 845 0.60 0.94 1.15 1.96
=====================================================================================================
5024 Incl. 154.3 306.0 151.7 498 0.80 1.25 1.53 2.62
=====================================================================================================
5025 100.0 316.0 216.0 709 0.56 0.95 1.11 1.91
=====================================================================================================
5025 Incl. 158.0 316.0 158.0 518 0.57 1.10 1.21 2.07
=====================================================================================================
5026 47.0 324.0 277.0 909 0.44 0.66 0.83 1.42
=====================================================================================================
5026 Incl. 168.0 288.0 120.0 394 0.56 0.90 1.08 1.85
=====================================================================================================
5026 Incl. 248.0 288.0 40.0 131 0.66 1.39 1.48 2.53
=====================================================================================================
5027 Results Pending
=====================================================================================================
5028 Results Pending
=====================================================================================================
5029 Results Pending
=====================================================================================================
5030 Results Pending
=====================================================================================================
5031 Results Pending
=====================================================================================================
5032 31.0 296.0 265.0 869 0.45 0.73 0.87 1.49
=====================================================================================================
5032 Incl. 128.0 296.0 168.0 551 0.52 0.91 1.05 1.79
=====================================================================================================
5032 and 128.0 190.0 62.0 203 0.66 1.04 1.27 2.17
=====================================================================================================
5033 128.0 349.5 221.5 727 0.59 1.13 1.25 2.14
=====================================================================================================
5033 Incl. 168.0 312.0 144.0 472 0.65 1.30 1.41 2.42
=====================================================================================================
5034 20.8 224.0 203.2 667 0.69 0.77 1.14 1.96
=====================================================================================================
5034 Incl. 20.8 41.0 20.2 66 1.08 0.65 1.46 2.50
=====================================================================================================
5034 Incl. 152.0 218.0 66.0 217 0.74 1.29 1.49 2.55
=====================================================================================================
5035 83.0 303.0 220.0 722 0.50 0.90 1.03 1.77
=====================================================================================================
5035 Incl. 155.0 199.0 44.0 144 0.67 1.40 1.49 2.55
=====================================================================================================
5035 Incl. 251.0 293.0 42.0 138 0.68 0.92 1.22 2.09
=====================================================================================================
5036 20.1 208.3 188.2 617 0.56 0.99 1.14 1.95
=====================================================================================================
5036 Incl. 103.0 197.5 94.5 310 0.65 1.28 1.40 2.40
=====================================================================================================
1 Copper capped at 5%, gold capped at 10 g/tonne 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
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
A. Financial Statements - None
B. Exhibits - 99 Press Release
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: November 2, 2005 China NetTV Holdings, Inc.
By: /s/ Maurice Tsakok
----------------------------------------
Maurice Tsakok, Director