|April 25, 2007|
Minco Gold Appoints Dwayne Melrose as VP Exploration
|Minco Gold Corporation (the "Company" or "Minco Gold") (MMM-TSX/MGH-AMEX) is pleased announce the appointment of Mr. Dwayne Melrose to the position of Vice President, Exploration, for the Minco Group of companies effective May 1st, 2007. He will be based in Beijing and act as designated Qualified Person in accordance with National Instrument 43-101 for the Company's projects in China. Mr. Melrose is a graduate of the University Of Waterloo, Ontario, with over 25 years experience as an exploration and mine geologist. He has been involved in all aspects of exploration from grass roots, through mine definition & feasibility, to open pit mine geology.|
Mr. Melrose has worked for the Cameco/Centerra Gold companies in the exploration departments for the past 21 years. During his tenure, he has had the opportunity to work within Canada, the United States, Kazakhstan, and the Kyrgyz Republic. Mr. Melrose was the Exploration Manager at the Kumtor Mine in the Kyrgyz Republic for the past 9 years where he was directly responsible for significantly increasing the gold reserves and resources by 4 million ounces and extending the mine life. The Kumtor Mine lies about 60 kilometres north of the border with the Peoples Republic of China and is part of the southern Tien Shan Metallogenic Belt; a major suture that traverses Central Asia from Uzbekistan in the west through Tajikistan and the Kyrgyz Republic into northwestern China. It is the largest gold mine operated in Central Asia by a Western-based company, having produced more than 5.5 million ounces of gold between 1997 and the end of 2005. Mr. Melrose was instrumental in discovering the new, high grade open pittable SB Zone, delineating 2 open pittable satellite deposits, and advancing the underground gold resource potential of the SB Zone by 1.8 million ounce.
Mr. Melrose's exploration skills and experience will greatly benefit Minco Gold as the company re-commissions the past producing Gold Bull Mountain mine, seeks out additional ore bodies within the Gold Bull Mountain exploration license, and continues to advance its many gold projects.
About Minco Gold
Minco Gold Corporation (MMM-TSX/MGH-AMEX) (formerly "Minco Mining & Metals Corporation") is a Canadian mining company involved in the direct acquisition and development of high-grade, advanced stage gold and base metals properties in China. The Company owns an exploration property portfolio covering more than 1,500 square kilometres of mineral rights in China including the past producing Gold Bull Mountain mine. For more information on Minco and its properties, please visit the website at www.mincomining.ca or contact Ute Koessler at 1-888-288-8288 or (604) 688-8002 email@example.com.
ON BEHALF OF THE BOARD
"Ken Z. Cai"
President, CEO & Director
The TSX has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include those described in Minco Gold's annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. Forward Looking Statements: Statements in this news are forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements are statements that are not historical facts and that are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including risks related to the exploration stage of the company's projects; market fluctuations in prices for securities of exploration stage companies; uncertainties about the availability of additional financing; uncertainties related to fluctuations in gold prices; the possibility that Minco Gold Corporation may change its plans with respect to one or more properties; and other risks and uncertainties described in the company's annual report on Form 20-F and Reports on Form 6-K filed with or furnished to the U.S. Securities and Exchange Commission. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
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