Sino Gold (fka SIOGF)

[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.