CHANG SHAN HAO 217

Jinshan Gold Mines provided an update on the operations at its CSH Gold Mine in Inner Mongolia, China. For the month of September 2009, Jinshan poured 11,388 ounces of gold, which is a record high since the company commenced production in July 2007. This exceeds the previous production record of 8,525 ounces achieved in August 2009, and exceeds the design expectations of 9,000 ounces per month.

Jinshan Gold Mines provided an update on operations at its CSH Gold Mine in Inner Mongolia, China. For the month of August 2009, Jinshan poured 8,525 ounces of gold, which is a record high since Jinshan started production in July 2007 and is within 5% of design expectations of 9,000 ounces per month. Gold production has been steadily increasing this year from approximately 6,900 ounces in April due to better control on mining to improve the ore grade and ore size placed on the leach pad, as well as increasing the area under leach and leach solution pumping capacity. Jinshan has also completed installation of the crusher facility on site and has been operating the crusher on a testing and start-up basis since mid-August, 2009.

Jinshan Gold Mines updated operations at its CSH gold mine in Inner Mongolia, China. Construction efforts for the 30,000 tonne per day, three stage crushing facility continue to meet the timeline for target completion in Q3 2009 with initial testing of the crushers scheduled to begin in July. Gold production from the CSH mine totaled 57,510 ounces in 2008 with 18,078 produced in Q3 and 15,593 in Q4. Since commercial production began in July, 2008 the company has sold 35,841 ounces at an average price of US $819 per ounce. For the mixed and sulfide ore at CSH, three stage crushing is required to allow more efficient heap leach recovery of gold. More than half of the new crushers have now arrived at site and the remainder are expected to arrive on site by early April, 2009.