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Sino Gold Increases Jinfeng Reserve to 3.2 Million Ounces

Highlights

The Jinfeng Ore Reserve estimate has increased to 17..6 million tonnes at 5.7g/t gold, containing 3.2 million ounces gold.
The underground Ore Reserve grade has increased 15% to 6.0g/t gold, with the overall Ore Reserve grade increasing to 5..7g/t gold from 5.4g/t gold previously.
Conversion of Measured and Indicated Resources to Ore Reserves remains very high at 82%.
Five drill rigs continue drilling to expand this already large orebody.

Commenting on the increase, Sino Gold Chief Executive Officer Jake Klein said:

This reserve increase provides further confirmation that Jinfeng is a long life, low cost operation. Jinfeng is a high-grade orebody with Ore Reserves now totalling 3.2 million ounces and Mineral Resources now totalling 4.6 million ounces.

The grade increase is particularly encouraging and reflects the strengthening of mineralisation as the system deepens. Drilling continues to indicate that we have not yet found the limits of the orebody.

The pieces are now in place for Jinfeng to provide strong cash flow and be a key part of Sino Golds platform for continued growth.

The announcement continues - view the full announcement by clicking here (120KB pdf).

The announcement is also available from www.sinogold.com.au ..

Regards,

Julia Brown
Sino Gold Mining Limited

Level 22, 44 Market Street
SYDNEY NSW 2000
Ph: (02) 8259 7000

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Sino Gold

Level 22, 44 Bridge St

Sydney NSW 2000
Australia

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Sino Gold Mining Limited


	CODE : SGX.AX
	ISIN : AU000000SGX4

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Sino Gold is a gold producing company based in Australia.

Sino Gold is listed in Australia, in Germany and in Hong Kong. Its market capitalisation is AU$ 2.4 billions as of today (US$ 2.2 billions, € 1.5 billions).

Its stock quote reached its lowest recent point on December 06, 2002 at AU$ 1.05, and its highest recent level on March 20, 2008 at AU$ 8.81.

Sino Gold has 292 600 453 shares outstanding.

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