Emgold Mining Corp

Published : September 21st, 2008

Shareholder Update

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Sunday, September 21, 2008

TSX Venture Exchange: EMR
OTC Bulletin Board: EGMCF
Frankfurt Stock Exchange: EML
U.S. 20-F Registration: 000-51411

Emgold Mining Corporation Shareholder Update

Emgold Mining Corporation (EMR - TSX Venture Exchange) (the "Company" or "Emgold") is pleased to provide its shareholders with the following update:

Idaho-Maryland Project
The City of Grass Valley, California (the "City") is nearing completion of the Draft Environmental Impact Report ("DEIR") for the Idaho-Maryland Gold Mine Project (the "Project") which is expected to be published in late September or early October of 2008. Delays in the issuance of the DEIR relate to additional scope items being completed by the City and its consultants, Environmental Science Associates ("ESA"). These items were identified during four public workshops held by the City as part of the California Environmental Quality Act ("CEQA") process. The City and ESA are ensuring that all public concerns are identified and addressed in the CEQA process prior to releasing the DEIR.

The Company's wholly-owned subsidiary, Idaho-Maryland Mining Corporation ("IMMC") is preparing applications for several major operating permits. These permits include the U.S. Army Corps of Engineers 404 (Wetlands) Permit, the National Pollution Discharge Elimination System Discharge Permit under the jurisdiction of the California Regional Water Quality Control Board, a Voluntary Clean-Up Agreement for the historic Idaho-Maryland site with the California Department of Toxic Substance Control, and Mine Waste Discharge Requirements under the jurisdiction of the California Regional Water Quality Control Board.

IMMC is also preparing a computerized resource model using MineSight� software. Recent work has consisted of scanning of all historic geological maps for the model and currently IMMC's Chief Geologist, Robert Pease, is modeling the mineralized zones based on these geologic maps and over 40,000 historical assays. IMMC has retained AMEC, a leading provider of services and engineering solutions to the world's infrastructure, manufacturing and process industries, to assist in completing a new NI-43-101 compliant resource estimate. This work is expected to take several more months to complete.

IMMC is developing mine planning, scheduling, and cost estimates to evaluate various scenarios for dewatering, exploration, and redevelopment of the Idaho-Maryland Mine. Upon completion of the Final Environmental Impact Report ("FEIR") and the new resource model, IMMC plans to complete an updated Scoping Study on the Project.

IMMC's community relations program continued this summer in the City with staff attending many events including the Grass Valley Thursday Night Markets, the Nevada County Fair, the 113th Miner's Picnic, etc. to answer questions from the public about the Project. IMMC was honoured to have taken on the role as Grand Champion Sponsor for the annual Nevada County Fair, which was attended by approximately 87,000 people in 2008. IMMC hopes to continue this as a long term role in the future as the Project moves into operation, recognizing the importance of the Fair to the residents of Nevada County. IMMC was pleased to assist the Economic Resource Council, Grass Valley Downtown Business Association, and Grass Valley/Nevada City Chambers of Commerce in putting together a display for Nevada County at the California State Fair. The display included a replica of the Idaho-Maryland head-frame. The 2008 State Fair was attended by approximately 790,000 people and Nevada County was awarded a Bronze Ribbon for its display.

It is expected that the FEIR will be certified near the end of 2008. Upon approval of the Project by the Planning Commission and City's Council a Conditional Mine Use Permit will be issued for the Project. At that time a Development Agreement will also be completed between IMMC and the City. These approvals are expected in the first half of 2009.

Golden Bear Ceramics Company
Emgold continues to consider opportunities to independently finance its other wholly-owned subsidiary, Golden Bear Ceramics Company (the "GBC") and discussions are ongoing with a variety of interested parties. GBC has filed for several U.S. and international patents to protect the Ceramext� technology and patent work is proceeding without issue. Representatives of GBC were recently invited to and attended the Green Technologies Exposition as part of the XXVI Annual Border Governor's Conference in California. The conference is attended by the 10 border governors along the U.S. and Mexico border, representing the third largest economy in the world. The Green Technology Exposition consisted of displays by 70 companies presenting innovative green technologies, highlighting the conference theme of "Building Green Economies". The conference was hosted by California Governor, Arnold Schwartzenegger (see http://gov.ca.gov/press-release/10382 ).

B.C. Properties
In August 2008, Emgold completed its commitment to exercise its option to acquire a 100% interest in and to the mineral rights to the Stewart Property, located in the Nelson Mining Division of southeastern B.C. The Stewart Property is in a region characterized by historic mining activity and has been subject to exploration by a variety of companies including Emgold over the last 100 years looking for gold, copper, tungsten, molybdenum, and other minerals. Shell Canada defined a non-NI 43-101 compliant resource of 204,125 metric tones grading 0.370% MoS2 in 1981. Molybdenum mineralization appears to exist in breccia pipes.

In March 2004, Emgold entered into an option agreement to acquire a 100% interest in the 600-hectare Jazz Property consisting of twenty-four mineral claims contiguous to the Stewart Property. Several areas of interest have been identified to date on the Stewart/Jazz properties through exploration activities including the Stewart Moly Zone, the Free Silver Zone, the Arrow Tungsten Zone, and the Craigtown Creek Area.

In April 2006, Emgold completed its commitment and exercised its option to acquire a 100% interest in and to the mineral rights to the Rozan Gold Property, located in the Nelson Mining Division of southeastern B.C. The Rozan Gold Property is located west and adjacent to the Gold Mountain Zone gold discovery on the Kena Gold Property held by Sultan Minerals Inc. Sultan Minerals Inc. has published a NI 43-101 compliant technical report (authored by Gary Giroux, P.Geo. and Linda Dandy, P.Geo.; filed via SEDAR June 16, 2004) on its Kena Gold Property outlining measured and indicated resources of 381,000 ounces and inferred resources of 389,000 ounces of gold. Emgold has conducted several early stage exploration programs on the Rozan Gold Property including geochemical, geophysical, and drill evaluations. Emgold believes the Rozan Gold Property hosts high grade gold in individual quartz veins as well as low grade gold in stockwork quartz vein systems.

Summary reports have been recently completed on these properties and Emgold is seeking joint venture or other opportunities to advance them.

For more information about Emgold, the Idaho-Maryland Gold Mine Project, Golden Bear Ceramics Company and the Stewart/Jazz and Rozan properties in British Columbia, please visit www.emgold.com or www.sedar.com


On behalf of the Board of Directors
David Watkinson, P. Eng.
President, COO and Director

For further information please contact:
Jeffery Stuart, Manager of Business Development and Investor Relations
Tel: (604) 687-4622 or 1-888-267-1400 ext. 248 Email: info@emgold.com

No regulatory authority has approved or disapproved the information contained in this news release.

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com

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Emgold Mining Corp

PRODUCER
CODE : EMR.V
ISIN : CA2909283087
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Emgold Mining is a gold development stage company based in Canada.

Emgold Mining holds various exploration projects in Canada.

Its main assets in production are IDAHO-MARYLAND in USA and ROZAN in Canada and its main exploration properties are JAZZ, STEWART and BUCKSKIN RAWHIDE in Canada.

Emgold Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 19.5 millions as of today (US$ 15.6 millions, € 13.7 millions).

Its stock quote reached its highest recent level on May 12, 2006 at CA$ 9.90, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Emgold Mining has 79 710 000 shares outstanding.

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Financings of Emgold Mining Corp
2/1/2013Provides Properties Update and Closes CDN $285,000 Private P...
4/7/2010Closes First Tranche Of Private Placement Financing
10/22/2007Completes $8 Million Private Placement Financing
6/9/2007Announces $10,000,000 Brokered Private Placement
Option Grants of Emgold Mining Corp
5/8/2012Grants Options Moves To OTCQB Status
Nominations of Emgold Mining Corp
8/21/2013Announces Change In Directors
5/11/2010Appoints New Chief Executive Officer
4/7/2008 Announces The Appointment Of Chief Financial Officer
11/1/2007Announces The Appointment Of President And Chief Operating O...
Project news of Emgold Mining Corp
6/17/2013(Buckskin Rawhide)Drilling to Commence on Emgold's Buckskin Rawhide East Prope...
4/8/2013(Stewart)Discovers New Gold Zone at its Stewart Property, B.C.
9/7/2012(Idaho-maryland)Idaho-Maryland Project Update
8/28/2012(Rozan)Commences 2012 Exploration Program Rozan Property, B.C.
2/15/2012Doubles Size of its Koegel Rawhide Gold-Silver Property, Nev...
2/6/2012(Buckskin Rawhide)Completes Acquisition and Expands its Buckskin Rawhide Gold ...
2/1/2012(Stewart)Announces Successful Results from its 2011 Core Drilling Pro...
1/30/2012(Buckskin Rawhide)s Gold Exploration Activities at its Buckskin Rawhide Proper...
1/25/2012(Rozan)Announces Successful Results 2011 Exploration Program Rozan ...
6/16/2011(Idaho-maryland)Advances Idaho-Maryland Gold Mine Permitting
4/11/2011(Idaho-maryland)Moves Forward with Idaho-Maryland Project Permitting
4/11/2011(Buckskin Rawhide)Expands Claim Position at its Buckskin Rawhide Gold-Silver P...
3/25/2011(Stewart)Announces Upcoming 2011 Field Exploration and Drilling Progr...
3/9/2011(Idaho-maryland)Announces Idaho-Maryland Project Update
1/12/2011(Buckskin Rawhide)Finds High Grade Gold at its Buckskin Rawhide Property, Neva...
7/23/2010(Idaho-maryland)Extends Lease And Option To Purchase Agreement For The Idaho...
1/7/2008(Idaho-maryland Mine)Achieves Important Milestone In Gold Mine Permit Application
11/16/2007(Stewart Property) Discovers Additional Tungsten Mineralization In Trenches At...
6/26/2007Achieves Important Permitting Milestone For Idaho-Maryland M...
Corporate news of Emgold Mining Corp
11/29/2013Announces Annual General Meeting and Special Meeting Results
9/4/2013Raises US$450,000 Through Real Estate Transaction
1/30/2013(Buckskin Rawhide)Announces Non-Brokered Private Placement Provides Update on ...
1/28/2013(Rozan)Intersects Gold at its Rozan Property, B.C.
9/10/2012Warrants Exercised
8/17/2012Completes Re-Pricing and Extension of Warrants
7/18/2012to Re-Price and Extend Existing Warrants Offers Early Conver...
5/1/2012Retains Vanguard Shareholder Solutions for Investor Relation...
3/28/2012Identifies Gold Target at its Koegel Rawhide Gold-Silver Pro...
2/27/2012Finds High Grade Gold at its Recently Acquired Koegel Rawhid...
4/20/2011(Buckskin Rawhide)Finds More High Grade Gold And Silver at its Buckskin Rawhid...
8/7/2010Converts Series A Preference Shares And Accrued Dividends To...
9/23/2009Annual And Special Meeting
9/29/2008Presents The Idaho-Maryland Project Overview
9/21/2008Shareholder Update
2/6/2008 Receives Recent Coverage By Smartstox.Com
11/28/2007Completes Drilling On Its Molybdenum, Tungsten And Gold Prop...
8/1/2007Takes New Direction
4/11/2007Additional Exploration Targets At Idaho-Maryland Gold Mine
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