Jinshan Gold Mines Inc.
TSX : JIN

Jinshan Gold Mines Inc.

April 03, 2009 11:36 ET

Conference Call on Monday, April 6th to Discuss Jinshan's 2008 Year-End Financial Results

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 3, 2009) - Jinshan Gold Mines Inc. (TSX:JIN) will host a telephone conference call for investors and analysts on April 6 at 4:00 PM, Pacific Time (7:00 PM, Eastern Time and 7:00 am on Tuesday, April 7th in China) to discuss the 2008 year-end financial results.

The conference call may be accessed by dialing toll-free 1- 866-696-5910 in Canada and the United States, or 1-416-340-2217 in the Toronto area and internationally. Enter the pass code 7271552# to ensure that you are joined immediately upon calling. The conference call will be archived for later playback and may be accessed by dialing 1-416-695-5800 or 1-800-408-3053 and entering the pass code 4524710#, or via www.jinshanmines.com. The archived playback will be available until May 6, 2009 11:59 PM, Pacific Time.

Jinshan has filed its year-end Financial Statements, Annual Information Form, and MD&A with SEDAR. Copies of these documents are available at www.sedar.com or on the company's website www.jinshanmines.com.



Production and Financial Highlights
(Stated in U.S. Dollars, except as otherwise noted)

----------------------------------------------
Six From
months Year commence-
ended ended ment to
December December December
31, 2008 31, 2008 31, 2008
---------------------------------------------------------------------------
Commercial gold
production (ounces) 33,671 33,671 33,671
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Pre-commercial gold
production (ounces) - 23,839 45,833
---------------------------------------------------------------------------
Total gold
production (ounces) 33,671 57,510 79,504
---------------------------------------------------------------------------

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2008 2007
---------------------------------------------------------------------------
Net income (loss) $ 1.9 Million ($ 16.5) Million
---------------------------------------------------------------------------
Basic income (loss)
per share $ 0.01 ($ 0.11)
---------------------------------------------------------------------------
Net cash outflows
from operations ($ 29.5) Million ($ 4.7) Million
---------------------------------------------------------------------------
Property, plant and
equipment cash
expenditures $ 30.4 Million $ 40.6 Million
---------------------------------------------------------------------------

----------------------------------
Balance, Balance,
December December
31, 2008 31, 2007
---------------------------------------------------------------------------
Cash and cash
equivalents $ 12.1 Million $ 27.0 Million
---------------------------------------------------------------------------
Working capital(i) ($ 7.3) Million $ 14.3 Million
---------------------------------------------------------------------------
Restricted cash $ 5.2 Million $ nil
---------------------------------------------------------------------------
(i) Working capital consists of current assets less current liabilities


About Jinshan

Jinshan is focused on gold production and acquisitions in China. The company began producing gold at the CSH Gold Mine in July 2007 and is actively advancing its portfolio of gold exploration properties in China. Jinshan's shares are listed on the Toronto stock exchange under the symbol JIN. China National Gold Corporation, a Chinese state-owned enterprise and the largest gold producer in China owns approximately 41% of Jinshan's shares.

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