Press Release Source: Minco Gold Corporation On Thursday April 29, 2010, 8:45 am
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 04/29/10) - Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM - News)(AMEX:MGH - News)(Frankfurt:MI5 - News) is pleased to announce that it has started its field program to follow the significant results and the discovery of the gold mineralization zone discovered during 2009 along the 6 km long structural zone on its Oujiaba property (13.2 g/t Au over 10.0 m, see March 9, 2010 press release) and along the +10 km long structural trend (100.2 g/t Ag, 1.25% Pb, 46.6% Fe over 5.0 M, March 23, 2010 press release) on its Yejiaba property both located in Gansu Province, P.R.C.

Minco has had their exploration teams working in the field on both target areas since late March. The company has also contracted a geophysical company and an experienced Nevada geologist, who are presently on the properties to assist in progressing both targets and to further define drill targets.

The mineralized structure at Oujiaba has a width ranging from 5 to10 metres and has been traced within the Minco property for approximately 6 kms to date and remains open along strike to the east. The mineralization is hosted along the contact of hanging wall limestone and heavily folded footwall phyllite which is intruded by numerous intrusive dykes.

In the Shajinba area, the large poly-metallic mineralized zone 5 to 25 metres in width was identified during the 2009 exploration program which consisted of traversing and trenching. The regional unconformity divides massive hanging wall limestone with the heavily folded thin-bedded footwall limestone which are intruded by highly altered dykes.

The early exploration work on both target areas will consist of detailed mapping/sampling, trenching, soil geochemical survey, ground magnetic survey and test Induced Polarization in favourable areas. The results of the different surveys will be used to assist defining the mineralized zone and future potential drill targets.

Mr. Dwayne Melrose, P.Geo., Vice President Exploration for Minco Gold, has reviewed this news release and is the Qualified Person responsible for verification and quality assurance of the company's exploration data and analytical results.

About Minco Gold

Minco Gold Corporation (TSX:MMM - News)(AMEX:MGH - News)(Frankfurt:MI5 - News) is a Canadian mining company involved in the direct acquisition and development of high-grade, advanced stage gold properties. The Company owns an exploration property portfolio covering more than 1,000 square kilometres of mineral rights in China. For more information on Minco Gold and its properties, please visit the website at www.mincomining.ca or contact Ute Koessler at 1-888-288-8288 or (604)-688-8002 info@mincomining.ca