LETTER 1 filename1.txt Via U.S. Mail and Fax Mr. Tam Cheuk Ho Chief Financial Officer China Natural Resources Room 2105 West Tower Shun Tak Centre 200 Connaught Road C. Sheung Wan, Hong Kong August 23, 2005 RE: China Natural Resources Form 20-F for the fiscal year ended December 31, 2004 File No. 000-26046 Dear Mr. Ho: We have completed our review of your Form 20-F and related filings and do not, at this time, have any further comments. Sincerely, Larry Spirgel Assistant Director ?? ?? ?? ?? Mr. David A. R. Evans Salem Communications Corporation November 29, 2004 Page 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 DIVISION OF CORPORATION FINANCE