Jinshan Gold Mines Inc.

Jinshan Gold Mines Inc.

July 11, 2005 08:30 ET

Jinshan Gold Mines Commences Drilling Program on the Chang Shan Hao 217 Gold Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 11, 2005) - Jinshan Gold Mines Inc. (TSX VENTURE:JIN) announced today that it has commenced a 3,500-metre, exploration and in-fill drilling program on the Chang Shan Hao 217 (CSH 217) Gold Project, Inner Mongolia, China. The exploration drilling will test for extensions of the known areas of gold mineralization at the project's Southwest and Central zones, while the infill drilling will be focused on upgrading existing indicated and inferred resources within the projected pit limits of the company's planned open-pit mine at the Northeast Zone.

Results from the in-fill drilling also will provide important geotechnical information for Golder Associates Inc., the engineering company that is currently designing the pit slopes for the planned open-pit mine.

The drilling program is another step in advancing scoping/feasibility studies and permitting directed towards the commencement of full-scale mining. Open-pit pilot mining was completed at the project's Northeast Zone in late 2004. The operation produced approximately 100,000 tonnes of oxidized mineralization for heap-leach/bulk-tonnage trials that are currently underway. The first dore gold bar is expected to be poured in August. The engineering study for the project is targeting an initial commercial production rate of approximately 100,000 ounces per year.

As previously reported in Jinshan's April 19, 2005 news release and April 20, 2005 material change report, measured and indicated resources at CSH 217 are 82.7 million tonnes grading 0.82 g/t gold, containing 2.2 million ounces of gold. Inferred resources are 36.5 million tonnes grading 0.89 g/t gold, containing an additional 1.0 million ounces of gold. The resource estimate was calculated using a 0.5 g/t gold cut-off by Mario E. Rossi, MSc., Min. Eng., of GeoSystems International Inc., Florida, USA, a qualified person as defined by National Instrument 43-101.

Jinshan and Ivanhoe Mines (TSX:IVN)(NYSE:IVN) are jointly developing the CSH 217 Project on a 50/50 basis.

Jim Lincoln, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.

Jinshan Gold Mines is a Canadian company focused on the exploration and development of gold and copper projects in Asia. In addition to the CSH 217 Gold Project, one of China's largest gold development projects, Jinshan is exploring prospective properties in Xinjiang, Yunnan, Gansu, and Guizhou, in China

Jinshan shares are listed on the TSX Venture Exchange under the symbol JIN.

Forward-Looking Statements: Statements in this release that are forward-looking statements, including the ongoing development, engineering and permitting work at the CSH 217 Project, the planned drilling and the expected date of the first gold pour, are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the company's 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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