A Unique Opportunity - Minco Gold Corporation

in the news...Minco Gold Provides Corporate UpdateJanuary 09, 2013Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM/NYSEEURONEXT:MGH/FSE:MI5) is pleased to provide the following update as results ofa strategic review recently completed on its portfolio of properties in China andother corporate initiatives.Towards the end of 2012, the Company completed an exploration program on itsLongnan projects located in Gansu, China, including three drill holes. The assayresults from the exploration program are pending.The Company has recently completed a detailed review of its portfolio ofproperties in China. While the exploration will be focused on the core projects inLongnan in 2013, the Company intends to sell the non-core projects in China togenerate working capital for the Company and to maximize its shareholder value.Parallel to our exploration in China, the Company also intends to diversify outsideChina in 2013. We are actively evaluating advanced gold projects outside China forpotential acquisition. Mr. Peter Voulgaris, Vice President of CorporateDevelopment of the Company, is in charge of this initiative.CORPORATE PROFILE(as of December 31, 2012 )Symbols TSX: MMM / NYSE.MKT: MGH /FSE: MI5Shares Issued 50,348,215Fully Diluted 55,998,882Cash C$5,318,534Working Capital Approx. C$5.5 millionMajor Shareholders Sprott (Asset Mgmt. & Funds)DIRECTORSDr. Ken Z. Cai,Robert Callander Phd.Malcolm ClayDr. Michael DoggettCONTACT2772 -1055 West Georgia StreetPO Box 11176Vancouver, BC, Canada V6E 3R5President & CEODirectorDirectorDirectorT 604.688.8002 ▲ F 604.688.8030TF 1.888.288.8288www.mincogold.ca ▲ pr@mincogold.caMinco Gold Appoints Senior OfficersNovember 26, 2012Minco Gold Corporation (the "Company" or "Minco Gold")(TSX:MMM/AMEX:MGH/FSE:MI5) is pleased to announce that Mr. Peter Voulgarishas been appointed as Vice President of Corporate Development and Mrs. EllenWei, the Company's interim CFO, has been promoted to Chief Financial Officer, ofthe Minco Group of Companies.Mr. Voulgaris possesses nearly two decades of international mining experience,including exploration, mine development, operations, and corporatedevelopment. He worked as a project geologist at Placer Dome in Australia forseven years after which he joined Newmont Mines Ltd. as senior mine geologistfor three years. During 2003-2010, Mr. Voulgaris served at Ivanhoe Mine Ltd, in avariety of senior management positions responsible for engineering studies andmine construction of the Oy Tolgoi project in Mongolia, and project evaluationsfor mergers and acquisitions. Prior to joining the Minco Group of Companies, heworked as an independent consultant providing services in evaluations andfinancial analysis for mining projects to both private and publicly listedcompanies. Mr. Voulgaris holds a Bachelor of Geological Engineering with Honorsfrom RMIT University, and a Masters in Engineering Science from QueenslandUniversity, both in Australia.Mrs. Ellen Wei has been with the Minco Group of Companies since 2005. Sheworked at Zhonghua Accounting Firm, a subsidiary of Ministry of Finance of China,in Beijing for twelve years. Prior to joining the Company, she worked at Ernst &Young LLP as an auditor in Hong Kong and Los Angeles for three years. Mrs. Weiwas appointed as the CFO of Minco Mining (China) Co., Ltd in Beijing in 2005 andwas transferred to Minco's Vancouver office as controller of Minco Group inJanuary 2009. She has served as the Company's interim CFO from May 2012 topresent. Mrs. Wei holds a Bachelor of Accounting from Remin University of Chinaand a CPA designation in China. She is a member of the Institute of CharteredAccountants of British Columbia and a Certified Public Accountant in WashingtonState.The Company is also pleased to announce the appointment of Mr. Samson Siu asController of the Minco Group of Companies. Mr. Sui brings nearly a decade ofexperience in financial management and reporting to the Company. Prior tojoining the Company, Mr. Siu was an assurance manager at Manning Elliott LLP inVancouver, where he provided assurance and advisory services to publiccompanies listed in Canada and the United States. Prior Mr. Siu worked at KPMGLLP, providing tax compliance and advisory services to companies in the resourcesector. He holds a Bachelor of Business Administration degree from Simon FraserUniversity and is a member of the Institute of Chartered Accountants of BritishColumbia and the Institute of Chartered Accountants of Canada.Please go to www.mincogold.com and visit the News Release tab for a fullversion of the releases.Disclaimer:NI 43-101 & NI 43-101F1 TECHNICAL REPORT AND UPDATED RESOURCE ESTIMATEON THE CHANGKENG GOLD PROPERTY GUANGDONG PROVINCE, CHINA, AuthorTracy Armstrong, P. Geo. Eugene Puritch, P. Eng. Antoine Yassa, P. Geo. P&E MiningConsultants Inc. Brampton, Ontario, Canada Report No. 163 Effective Date: February21, 2009, Signing Date: May 08, 2009.Certain information contained in this presentation concerning the industry andmarket in which the Company operates has been obtained from publicly availableinformation from third party sources. The Company has not verified the accuracy orcompleteness of any information contained in such publicly available information.In addition, the Company has not determined if there has been any omission by anysuch third party to disclose any facts, information or events which may haveoccurred prior to or subsequent to the date as of which any such informationbecause publicly available or which may affect the significance or accuracy of anyinformation contained in any such information and summarized herein. .This presentation uses the terms “indicated resources” and “inferred resources”. USinvestors are advised that while these terms are recognized and required byCanadian regulations, the U.S. Securities and Exchange Commission (the “SEC”)does not recognize3 them. “Inferred Resources” have a great amount of uncertaintyas to their existence and their economic and legal feasibility. It cannot be assumedthat all or any part of an Inferred Resource will ever be upgraded to a highercategory. Under Canadian rules, estimates of “Inferred Resources” may not form thebasis of feasibility or other economic studies. U.S. “inferred Resource” exists, or iseconomically or legally mineable. In addition, the term “mineral resources, and“probable mineral reserve” are Canadian mining terms, the definitions of whichdiffer from the definition of the SEC. Under SEC Industry Guide 7 standards, a “final”or “bankable” feasibility study is required to report reserves, the three year historicalaverage price is used in any reserve or cash flow analysis to designate reserves andthe primary price is used in any reserve or cash flow analysis to designate resourcesand the primary environmental analysis or report must be filed with the appropriategovernmental authority.”Mr. Wayne Spilsbury has s reviewed and approved the technical informationcontained in this brochure. Mr. Spilsbury is a member of the Association ofProfessional Engineers and Geoscientists of British Columbia (non-practising), aFellow of Australasian Institute of Mining and Metallurgy (Chartered Professional),Member of Australian Institute of Geoscientists and is a "qualified person", asdefined in NI 43-101.