BEIJING, CHINA, Oct. 13, 2009 (Marketwire) -- Jinshan Gold Mines Inc. (TSX:JIN) is pleased to announce the appointment of Mr. Xin Song as Chief Executive Officer and Director of the Company. Mr. Song is currently Vice President of China National Gold Group, in charge of technology management and resource development. Mr. Song holds an MBA degree from the China Europe International Business School, a Masters degree in Mining Engineering from the Beijing University of Science and Technology and a Bachelor degree in Mineral Processing Engineering from the Central-South Institute of Mining and Metallurgy.
Mr. Zhaoxue Sun has resigned as CEO of the Company, but will remain as Chairman of the Board of Directors. "Mr. Song has extensive experience in the mining industry, leading exploration and resource development. Mr. Song will provide strong leadership for the Company as the Company expands its platform for growth and pursues its strategy to become a leading global mining company," said Mr. Sun.
Jinshan is also pleased to announce the appointment of Mr. Gregory Hall to the Board of Directors. Mr. Hall is a seasoned geologist with over 30 years of experience in the mining industry and extensive experience working with global mining companies. In his career, Mr. Hall has been involved in the discoveries of Barrick Gold's Granny Smith mine, Rio Tinto's Yandi iron ore mine and the Keringal mine in Australia. Mr. Hall holds a Bachelor of Applied Science degree from the University of New South Wales, Australia. "Mr. Hall's expertise will be a tremendous asset to Jinshan as the Company identifies new acquisition opportunities and pursues its growth strategy," said Mr. Sun.
Jinshan is a mining company whose principal asset is the CSH gold mine located in Inner Mongolia, China. Jinshan's shares are listed on the Toronto Stock Exchange under the symbol JIN. China National Gold Corporation, the largest gold producer in China, owns approximately 41% of Jinshan's shares.
Forward-Looking Statements: Statements in this release that are forward-looking statements, are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the company's MD&A, financial statements and other 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, except to the extent required under applicable securities laws.