Jinshan Gold Mines Inc.
TSX : JIN

Jinshan Gold Mines Inc.

December 20, 2007 08:13 ET

Commercial Production at Jinshan's CSH 217 Gold Mine Expected in First Quarter 2008

New Reserve and Resource Studies Nearing Completion

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - Jinshan Gold Mines Inc. (TSX:JIN) is pleased to announce that gold production from the CSH Gold Mine in China has reached approximately 27,000 dore ounces, or 19,000 ounces of gold to December 18, 2007. Silver makes up approximately 30% of each dore bar. In the past few weeks, production rates have improved to approximately 75% of design due to improvements to the re-generation of carbon in November. With this improvement, the company believes that commercial production will be achieved in the first quarter of 2008. The ramp up to commercial production has been occurring during the cold weather months and the mine has been performing according to design. In addition, the mine has recently received its operating environmental and safety certificates after passing various regulatory inspections.

All infill and expansion drilling at the mine has now been completed for the year, bringing the total number of metres drilled in 2007 to 11,432 metres. New reserve and resource estimates are being prepared using the new drilling results and will be included in the mine expansion study, which is now expected to be completed in early February, in order to include results of all recent drilling. The expansion study will consider optimizing the current mine plan and increasing annual production to an estimated 150,000 to 180,000 ounces gold.

All production at Jinshan's CSH gold mine is un-hedged and sold at the prevailing Shanghai Gold Exchange price, which closely tracks the London Gold Fixing price.

Qualified Persons

Cal McKee, Jinshan's Chief Operating Officer and a qualified person as defined by National Instrument 43-101 supervised the scientific and technical disclosure in this news release regarding the CSH (217) project.

About Jinshan

Jinshan is a Canadian mining company focused on the start of commercial production at the CSH Gold Mine in China. In addition, the company is actively exploring its portfolio of gold exploration properties and continues to evaluate additional gold opportunities.

Forward-Looking Statements: Statements in this release that are forward-looking statements, including the expected commencement of commercial production at CSH 217 Mine and the timing for the expansion study containing reserves and resources on the CSH 217 Project 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. When used in this document, words such as "could", "planning", "estimate", "expect", "intend", "may", "potential", "should", and other similar expressions are forward looking statements. The company does not assume the obligation to update any forward-looking statement.

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