TSX:
CGG
HKSE:
2099
last:
3.87 (-0.06)
last:
23.9 (+0.08)
vol:
9,778
vol:
523,200

New Independent Estimate Doubles Measured and Indicated Resources to 2.2 Million Ounces of Gold and Increases Inferred Resources to 1.0 Million Ounces

VANCOUVER, CANADA - Jinshan Gold Mines is pleased to announce that is has filed an updated independent preliminary assessment and technical report ("Technical Report") in compliance with National Instrument 43-101 in connection with its new resource estimate on the Chang Shan Hao 217 ("CSH 217") Gold Project in Inner Mongolia, China. The updated Technical Report addresses the requested clarification of, and justification for, certain assumptions made in the company's technical report dated February 18, 2004 that formed the basis for an earlier resource estimate in respect of the CSH 217 Gold Project (see the company's January 14, 2005 news release). It also addresses all of the issues raised by the British Columbia Securities Commission in pre-filing discussions with respect to this updated Technical Report.

April 19, 2005 - Chang Shan Hao 217 Gold Project Independent Preliminary Assessment and Technical Report Filed