OFFICIAL OPENING OF WHITE MOUNTAIN MINE

10 November 2008

Sino Gold Mining Limited (ASX:SGX, SEHK:1862) is pleased to announce that the Company��s White Mountain Gold Mine was officially opened yesterday. 

Sino Gold was honoured by the attendance at the opening ceremony of the Australian Ambassador to China, Dr Geoff Raby, as well as a number of senior Chinese local and provincial government officials.

Commenting on this event, Sino Gold Chief Executive Officer Jake Klein said:

��Sino Gold brings a unique and sustainable approach to the exciting and rapidly evolving gold industry in China.

��White Mountain exemplifies our commitment to partnering with local businesses and government to develop China��s gold resources in a responsible and timely manner.

��The pouring of first gold at White Mountain last month took place only fourteen months after construction commenced.

��This achievement has been possible only with the strong assistance and support of various officials from the Jilin Provincial Government, the White Mountain City Government and the local community around the mine site.

 ��The foundation of this partnership has been good, effective communication and all parties acting in a transparent and open way.

��Safety, environment and community relations have been a priority from the commencement of exploration activities in 2004.

 ��White Mountain is set to become a model mine and provide a range of benefits for many years to come.

About White Mountain

White Mountain is located 230km south-southeast of Changchun, the capital city of Jilin Province in northeast China. Sino Gold owns 95% of the project and the surrounding 128km2 exploration licences.
The White Mountain project is located 7km from the prefecture level city of Baishan, a coal and iron ore mining centre.

A major northeast trending regional fault zone hosts the gold mineralisation at White Mountain, with mineralisation known to extend 1.5km along strike.

Mineral Resources total 12.4 million tonnes at 3.0g/t gold, containing 1.2 million ounces gold and Ore Reserves total 6.5 million tonnes at 3.8g/t gold, containing 784,000 ounces.

In August 2007, the Company��s Board of Directors approved the development of White Mountain, primarily comprising an underground mine and a CIL processing plant.

Gold production averaging 65,000 ounces per annum is planned to result from design mill throughput of approximately 650,000 tonnes per annum and overall gold recoveries averaging 80%. Production is expected to ramp up to these levels over the course of 2009.

For further information regarding Sino Gold please contact: