Company Information for Jinshan Gold Mines

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Company Statement

Jinshan is a Canadian mining company focused on gold production and acquisitions in China. The company began producing gold at the CSH Mine in July 2007 and is actively advancing its portfolio of gold exploration properties in China. Jinshan’s shares are listed on the Toronto stock exchange under the symbol JIN. China National Gold owns approximately 42% of Jinshan’s shares.

Through well-established joint-venture partnerships, operating experience and a strong presence in China, Jinshan Gold Mines is committed to building a significant gold company. 

Jinshan shares are listed on the Toronto Stock Exchange (trading symbol: JIN). 

Current Operations

Chang Shan Hao Gold Mine
The Chang Shan Hao Gold Mine is one of China's largest gold mines operated by a foreign company, placing Jinshan in an important leadership role. The gold mine is the first step in Jinshan's growth strategy to becoming a significant gold producer in Asia.

As of April 30, 2008, gold production at the CSH mine has totalled 36,746 ounces. It is expected that the mine will achieve nameplate production capacity of approximately 10,000 ounces per month (120,000 ounces per year) in 2008. During mine start-up and through the first winter of operation, leaching and gold production has been slowed by normal start-up conditions and colder than average temperatures. In future years, the volume of ore on the leach pad will be substantially increased and it is expected that solution temperature, volume and preg grade, will be easier to maintain, resulting in improved performance.

Based on the 2007 drilling, gold resources are now estimated at 3.92 million ounces measured and indicated and 1.3 million inferred.

An expansion study, currently underway, will consider optimizing the current mine plan and increasing annual production to an estimated 150,000 to 180,000 ounces gold.

All production at Jinshan's CSH gold mine is un-hedged and sold at the prevailing Shanghai Gold Exchange price, which closely tracks the London Gold Fixing price.

Dadiangou Project
The Dadiangou gold system is located in the central part of China in southern Gansu Province within the prolific Qinling Fold Belt. The license covers approximately 15 square kilometres and is owned by the Northwest Industrial Nuclear Economic Technical Corp. (part of the Shaanxi Nuclear Geology Bureau of China). The joint-venture agreement with the Northwest Industrial Nuclear Economic Technical Company (the Chinese partner) allows Jinshan to earn a minimum of 80% on the property, with the Chinese partner having the option to participate at 20%, or to become diluted.

Jinshan completed and released an Inferred Resource of 778,000 ounces of gold within 26 million tonnes at a grade of 0.92 g/t gold on January 31, 2008. This resource was based on 11,865 metres of diamond drilling in 51 diamond drill holes and underground channel sampling of all accessible cross-cuts within the central portions of the Dadiangou Main Zone. The work has defined a mineralized structure in excess of 3,000 metres strike length and with typical widths of 50 to 60 metres. Planning is currently underway for additional work during the 2008 field season.

Xinjiang Exploration
Jinshan currently holds twelve exploration permits through a Sino-Foreign Joint Venture in which Jinshan holds a 99% share and the partner, Yunnan Geological and Mining Co. Ltd., holds a 1% share in Xinjiang Province, along the prolific Tianshan Gold Belt.

Targets include bulk-tonnage, sediment hosted gold deposits similar to Muruntau, Kumtor, and Jinshan's CSH Gold Mine. At Jinshan's CSH project, geological and sampling crews are currently on site to complete a comprehensive surface program including mapping, grid rock-chip sampling, trench resampling and new trenching. Crews are also active at the Xingou property, where a program of detailed stream sediment sampling and prospecting is underway to prioritize areas for follow-up work later this year.

Geographical Spread

Jinshan Gold Mines is focused on the exploration and development of gold projects in Asia

Board of Directors and Key Management

Mr. Jay Chmelauskas	Director, President and CEO
Mr. Sun Zhaoxue	Chairman and Director
Mr. Wu Zhanming	Director
Mr. Chen Yunfei	Director
Mr. Liu Bing	Director
Mr. Pierre Lebel	Director
Mr. Y.B. Ian He	Director
Mr. Daniel Kunz	Director
Mr. William Lee	Chief Financial Officer
Mr. Rick Low	Vice President of Finance.
Mr. Calvin McKee	Chief Operating Officer
Mr. X.D. Jiang	Mine General Manager and Vice President
Mr. Roger Walsh	Vice President of Corporate Development
Mr. Keith Patterson	Vice President of Exploration

Company Address Suite 654 - 999 Canada Place Vancouver, British Columbia, Canada V6C 3E1 Telephone: 604.609.0598 Facsimile: 604.688.8391 Email: info[at]jinshanmines.com Website: http://www.jinshanmines.com

Annual General Meeting May

Year End 31 December

Broker/Analyst Reports

15/11/07 - Salman Partners

Related News

02/05/08 - After A Shaky Start To Production, Jinshan Gold Mines Suddenly Looks Extremely Well Positioned
30/08/07 - Jinshan Gold Starts Producing Dore At CSH 217
25/10/06 - Jinshan Brings Canadian Alchemy To Inner Mongolia

Most Recent Statement

02/07/08 - Infill and Extension Drilling Resumes at Jinshan's Dadiangou Gold Project, China
30/05/08 - Jinshan Appoints Vice President of Finance
13/05/08 - China National Gold Corporation Closes CDN$218 Million Purchase Of Jinshan Securities
11/04/08 - China National Gold Corporation Purchases Cdn$218 Million of Jinshan Securities with a Mandate to Create a Leading Global Gold Producer
14/02/08 - Jinshan Increases Gold Resources to 3.9 Million Ounces Measured and Indicated and 1.3 Million Ounces Inferred at its CSH Gold Mine, China
31/01/08 - JINSHAN ANNOUNCES 778,000 OUNCE GOLD RESOURCE AT ITS DADIANGOU PROJECT, CHINA