Jinshan Gold Mines Inc.
TSX : JIN

Jinshan Gold Mines Inc.

October 19, 2009 08:30 ET

Jinshan Achieves Another Record for Gold Production at Its CSH Gold Mine in China

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 19, 2009) - Jinshan Gold Mines Inc. (TSX:JIN) is pleased to provide 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. Gold production has been steadily increasing this year from approximately 6,900 ounces in April 2009. The record gold production has been achieved with increased mining output, better control on the ROM ore grade, reduced ROM ore particle size placed on leach pad exposing more surface area to leaching and increased leach solution irrigation flow rate.

Jinshan has also completed installation of a 30,000 tonne per day crushing facility and has been test running such facility since mid-August 2009. The throughput is gradually ramping up and Jinshan expects the crushing plant to reach the designed capacity in the first quarter of 2010, which is expected to substantially increase the gold production from current levels.

A total of 60,063 ounces of gold were poured in the first nine months of 2009, compared to approximately 42,160 ounces for the same period in 2008.

About Jinshan

Jinshan is a mining company whose principal asset is the CSH gold mine located in Inner Mongolia, China. Jinshan's shares are listed on the Toronto Stock Exchange under the symbol JIN. China National Gold Corporation, the largest gold producer in China, owns approximately 41% of Jinshan's shares.

Forward-Looking Statements: Statements in this release that are forward-looking statements, including the statement regarding the amount and timing of an increase in production capacity of the crusher to design capacity and the corresponding increase in gold production, are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the company's MD&A, financial statements and other periodic filings with Canadian securities regulators. 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, except to the extent required under applicable securities laws.

Contact Information