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