Golden China returns best ever intercept at Beyinhar: 
68m @ 5.3g/t, including 26m @ 12g/t 

Toronto, Ontario, August 2, 2007 - Golden China Resources Corporation (GCX: TSX, ASX) today announced additional interim drilling results for the Company's ongoing 2007 exploration program at its Beyinhar gold project in Inner Mongolia, China. The latest results continue to demonstrate the continuity of the mineralization and the project's multi-million ounce potential. 

The intercepts achieved during June and July 2007 encompass hole BYD194, which returned 68 metres averaging 5.32 grams per tonne (g/t) gold (Figures 1 and 2). Included within this was a significant intersection of 26 metres at 12.01 g/t, representing the project's most promising drill hole to date.

Highlights of Golden China's most recent drilling results include:

Table 1: June/July 2007 Beyinhar Drilling Summary

On April 27, 2007, Golden China announced the results of a NP43-101 compliant Preliminary Assessment of the Beyinhar Gold Project Inner Mongolia, People's Republic of China by Kappes Cassiday Australia, and Associates Pty Ltd (the "Scoping Study") which suggests the project's ability to initially produce 100,000 ounces per year for a low cash cost per production ounce of between US$260 and US$280, with capital expenditures of only US$29 million.  A copy of the Scoping Study is available on the company's website (http://www.goldenchina.ca/Default.aspx?id2) and on SEDAR (www.SEDAR.com).

"We are extremely excited by the intercepts announced today, which continues to clearly demonstrate the project's strong upside," said Greg Starr, President and Chief Executive Officer of Golden China.  "The new drilling confirms the extension of the existing Beyinhar ore body to the southwest, which will enable Golden China to significantly increase our measured and indicated ounces over the next few years.  As well, these drilling results continue to identify high-grade sulphide mineralization beneath the oxide zone, which in turn strengthens the potential for a second, long-term underground mining operation.  These results combined with the forecasts in the previously announced Scoping Study highlight Beyinhar's potential to be a low-cost 100,000 ounce per year gold producer in the short-term, but also its longer term potential."

The results (Table 1) continue to demonstrate continuity of the Beyinhar oxide resource, which was initial ly defined by a NI 43-101 compliant mineral resource estimate released in January 2007.  However, recent drilling results, including BYD194, will be included in the release of an updated NI 43-101 mineral resource estimate this October in which Golden China expects to increase its measured and indicated resource at Beyinhar to more than one million ounces. 

Following the planned completion of the updated NI 43-101 mineral resource estimate in October, the Company plans to complete an NI 43-101 compliant Feasibility Study for the development of the Beyinhar gold mine, anticipated for release by the end of 2007.

Beyond the company's 2007 exploration program, Golden China aims to further, and significantly, increase the resource base in both the oxide and sulphide zones through additional drilling on the Company's new 100% owned second exploration license (Figure 1), which is proving to host the southwest extension of the Beyinhar ore body.

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Figure 1.  Beyinhar Plan View

Figure 2.  Drill Cross Section XS10000E showing BYD194 Intercept

Golden China has now drilled a total of 68 holes encompassing 9,157 metres of its budgeted 17,000 metres during the 2007 drilling season.

About Beyinhar

Golden China's Beyinhar gold project lies along the Sonid Zouqi gold corridor within the Inner Mongolia Fold Belt Region, a productive orogenic belt hosting several skarn, shear-hosted, orogenic/mesothermal veins and porphyry Cu-Au deposits. This Fold Belt region hosts the world-class Oyu Tolgoi copper-gold deposit (1.39 billion tonnes @ 1.33 % copper and 0.47 g/t gold), and CSH 217 shear-hosted gold deposit (109 million tonnes @ 0.83 g/t gold).

Beyinhar is a near surface, bulk-mineable oxide, and heap leachable gold deposit with a continuous high-grade zone. As well it now appears to host a primary sulphide deposit, also containing areas of high-grade gold mineralization.  Beyinhar is only about 1.5 kilometres from the Hohhot-Xilinhot highway in proximity to a well-established provincial railway line and within an easily accessible power grid supply.

The Beyinhar gold project is held within two exploration licenses ("EL's"), approximately 46.45 km² in area, (EL1 is 13.45km² and EL2:SW is 33km²) and a 1.5 km² mining lease, ("ML") inside EL1. In March 2007, Golden China registered a 95%/5% Co-Operative Joint Venture ("CJV") with the Inner Mongolia Non-Ferrous Metals Bureau of Geology and Exploration (via Neimenggu Huayu Geological and Mineral Exploration, Ltd.) over the 14.95 sq km of granted mining and exploration tenements at Beyinhar (ML and EL1). Under the terms of the CJV, Golden China will pay US$0.2 million upon the registration of the CJV bank account and a further US$2.8 million upon the transfer of EL1 and the ML to the new CJV. The newer EL2:SW is owned 100% by Golden China.

Since the project's inception, Golden China has drilled a total of approximately 30,000 metres at Beyinhar.

Golden China has released a NI 43-101 compliant Scoping Study on the Beyinhar gold project, which is available on the company's website (http://www.goldenchina.ca/Default.aspx?id2) and on SEDAR (www.SEDAR.com).

Qualified Person

Alfonso Latorre (MAusIMM), Golden China's Beyinhar Project Manager and the Qualified Person as defined by National Instrument 43-101, is overseeing the company's exploration work at Beyinhar and supervised the preparation of the information in this release.  Samples from Beyinhar were prepared and assayed by the Intertek Labs in Beijing, China.  Samples were assayed for gold by fire assay (50 gram) with AAS finish.  Golden China inserted blanks, standard and duplicate samples at sample preparation stage to monitor the quality control of the assay data.  Golden China has established and maintains a comprehensive quality control-quality assurance (QA/QC) program.

About Golden China Resources Corporation:

Golden China Resources Corporation is a significant participant and consolidator in the Chinese precious metal industry and one of the largest producers of gold in China. The company is using its extensive knowledge of the Chinese marketplace and best practices based on established international standards in building a diversified gold business focused on exploration and development, operations, and corporate development in the Chinese precious metal industry.  Golden China's shares are listed on the main boards of both the Toronto Stock Exchange and the Australian Securities Exchange under the symbol GCX.

For further information please contact:

Golden China Resources Corp.
Kristen (Boucher) Humphrey
Communications Manager
Tel: 416.366.8818 ext. 230
khumphrey@goldenchina.ca
www.goldenchina.ca

or 

Renmark Financial Communications Inc.
Barbara Komorowski : bkomorowski@renmarkfinancial.com
Julien Ouimet : jouimet@renmarkfinancial.com  
Tel. :  514.939.3989
Fax:  514.939.3717
www.renmarkfinancial.com

Forward-Looking Statements:  Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading " Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulatory authorities.  Such information contained herein represents management's best judgment as of the date hereof based on information currently available.  The Company does not assume the obligation to update any forward-looking statement.

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