Sino Gold (fka SIOGF)

[klemons]

SINO GOLD NOT IMPACTED BY EARTHQUAKE

SINO GOLD SUPPORTS CHINA EARTHQUAKE RELIEF EFFORT
--------------------------------------------------------------------------------


Sino Gold Mining Limited is pleased to report that its operations and workforce in China have not been directly impacted by the countrys devastating earthquake disaster.

In response to the earthquake Sino Gold has announced a donation of approximately A$100,000 in essential equipment to the earthquake relief effort.

The equipment included 70 portable gas power generators, 200 sets of hand torches and 70 megaphones, which will be sent to Chengdu by chartered plane along with an emergency rescue team of 10 employees led by a senior Sino Gold executive.

In addition to this, Sino Gold CEO Mr Jake Klein has extended an appeal to individuals within the company to provide donations.

This disaster has deeply shocked Sino Golds 1,600 employees and contractors in China and Australia, Mr Klein said.

We are fortunate to be in a position to contribute to the earthquake relief effort both financially and through our employees expertise.

While the magnitude of the damage is difficult to contemplate, we have sought to provide our assistance in the most meaningful and beneficial manner possible.


This announcement is also available at www.sinogold.com.au

For further information, please contact:

Investor Enquiries: Jake Klein, CEO or Roger Howe, Investor Relations
[phone], [e-mail]


Media Enquiries: Kate Kerrision
[phone], [e-mail]

[klemons]

Sino looking good in to the Future.

SINO GOLD MARCH 2008 QUARTERLY REPORT

KEY POINTS

* New estimates increase Sino Gold's total controlled Mineral Resources to 8.2 million ounces and Ore Reserves to 4.8 million ounces (100% of each project), excluding any contribution from Eastern Dragon.

* Mineral Resources increased by 3.3 million ounces and Ore Reserves by 1.5 million ounces during 2007.

Jinfeng

* Gold production totaled 30,976 ounces for the quarter at a cash cost of US$429/ounce.

* Guidance for Jinfengs 2008 production to a range of 150,000 to 160,000 ounces at an average cash cost of approximately US$370/ounce.

* Underground development remains on-track to contribute to ore production from late 2008.

* Increased Jinfeng Mineral Resources total 5.3 million ounces and Ore Reserves total 3.5 million ounces.

* Jinfeng ore body remains open at depth down-plunge.

White Mountain

* White Mountain project currently on budget and progressing very well towards commissioning in the second half of 2008.

* Updated Ore Reserve estimate provides White Mountain with a mine life of at least 10 years.

Beyinhar

* Initial Beyinhar Ore Reserve of 21.4 million tonnes at 0.72g/t gold, containing 0.5 million ounces.

* Field work re-commenced and various studies and permits progressed towards enabling a development decision in late 2008.

Eastern Dragon

* Exploration Licence for Lode 5 issued and drilling scheduled to commence in June quarter.

Exploration

* Drilling to follow-up the initial mineralised hole at the Yandan prospect in Guangxi Province intercepted 59m at 1.2g/t gold including 6m at 2.7g/t gold.

Corporate

* Sino Gold acquired an effective 72% interest in the Eastern Dragon Lode 5 gold-silver deposit.

* Net available cash of US$84 million at 31 March 2008



The complete Quarterly Report and presentation can be downloaded from www.sinogold.com.au

[klemons]

WHITE MOUNTAIN ORE RESERVE INCREASED BY 81%
http://www.sinogold.com.au/newsite/Docs/PDF/White%20Mountain%20Reserves%20Feb08%20FINAL.pdf

Highlights
* The White Mountain Ore Reserve estimate has increased 81% to 6.5 million tonnes at 3.8 g/t gold, containing 0.8 million ounces.
* Approximately 73% of Measured and Indicated Resources convert to Ore Reserves.
* The White Mountain Measured and Indicated Resource estimate has increased 92% to 10.7 million tonnes at 3.1 g/t gold, containing 1.1 million ounces.
* Deposit remains open along strike to the northeast and at depth with drilling to continue in 2008.
* Ground position has been expanded to cover 128km2.
* White Mountain now has a mine life of at least 10 years based on the updated reserve estimate.

Sino Gold Chief Executive Officer, Jake Klein, commented:
“Development of White Mountain Gold Mine remains on-schedule and on-budget to commence commissioning of the processing plant in late 2008. “This increase of the resource to over one million ounces and doubling of reserves provides White Mountain with a mine life of at least ten years. Drilling in 2008 is planned to test the regional potential as well as continue to further extend mineralisation to the northeast and at depth.
“White Mountain has been advanced very quickly towards becoming Sino Gold’s second mine and is shaping up as a robust, simple underground mining operation. Relatively low capital and operating costs in China should enhance the economic returns for this mine.”

[klemons]

The presentation slides of the Dec 07 Quarterly report are here,

http://www.sinogold.com.au/newsite/Docs/PDF/SGX_Dec_07_QR_Pres_Final.pdf

My favorite slide is the last #21 that shows the growth pipeline for the next 3 years. With the commissioning of the Jinfeng mine this year they have the exerience now to bring these new projects on line more efficiently and at better cost per oz. The average cost per oz for the top gold producers is over $500oz and Sino is at $300oz and falling to the target price of $250.
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Here is a report from Bloomberg News

Sino Gold Fourth-Quarter Output in China Increases (Update1)

By Jesse Riseborough

Jan. 24 (Bloomberg) -- Sino Gold Mining Ltd., the owner of China's second-largest gold mine, said fourth-quarter output of the precious metal from its Jinfeng site gained.

Output was 32,186 ounces in the three months ended Dec. 31, more than double the previous quarter, the Sydney-based company said today in a statement to the Australian Stock Exchange. The mine is forecast to produce between 170,000 and 190,000 ounces at a cost of $300 an ounce this year, it said.

Sino Gold plans to build three more mines in China to raise total output to 500,000 ounces a year to take advantage of a seven-year rally in gold prices. Chief Executive Officer Jake Klein this month forecast a return to profit in 2008 as output from Jinfeng increases.

Construction at its second mine, the $55 million White Mountain project, is on schedule and within budget, the company said today. First output is expected in early 2009, it said.

Sino gained A$1.09, or 17 percent, to A$7.50 yesterday on the exchange.

To contact the reporter on this story: Jesse Riseborough in Melbourne at [e-mail]

Last Updated: January 23, 2008 17:32 EST
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I manage several family accounts and this stock is in all of them right now. I have buys at 4.50, 4.85, 5.00, and 5.50.
Hoping for a pop over the next couple days from this positive report.

[klemons]

Dec 07 Quarterly report posted today, http://www.sinogold.com.au/newsite/Docs/PDF/SGX_Dec_07_QR_Final.pdf
Key points:
Jinfeng Mine
* Gold production increased by 128% to 32,186 ounces for the quarter at a cash cost of US$412/ounce, bringing production for 2007 to a total of 56,981 ounces.

* Forecast for 2008 is 170,000 to 190,000 ounces at an average cash cost of US$300/ounce.

* All production parameters, except flotation recovery, now meet or exceed design.

* 500m underground development completed during quarter and on-track to contribute to ore production from late 2008.

* Agreement reached with government on infrastructure support and taxation.

* Drilling extended the deep zone, with a best intercept of 10m at 6.6g/t (including 5m at 11.9g/t) gold. Drilling of the upper zone returned 29m at 13.6g/t gold.

[klemons]

I have owned this stock on and off for over a year. I first bought in at $3.25. I have a new position at $6.50. This stock has done great when gold is up but it is also now moving because of the new production and sales. Everytime they give a sales and drilling report this stock jumps now. I am in for the double gain of the gold bull movement and its company growth movement. I see this stock being at 10 by the 4th quarter earnings report in March April 08.

Biodieselmama

[redsox2445]

looks like the buying of the other company could be a good plus.