VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2008) - Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM)(AMEX:MGH)(FRANKFURT:MI5) is pleased to report the assay results for 6 diamond drill holes completed for the Changkeng Gold Project located in Guangdong Province, China.

The 6 holes were completed in late 2007 and were drilled to expand and confirm the mineralization on the Changkeng gold deposit. Significant gold results of the drilling are as follows and the complete results are listed in Table 1 below:

- CK2006    5.788 g/t Au over 12.62 metres (m)
- CK2007    5.54 g/t Au over 8.0 m
- CK2010    7.83 g/t Au over 26.81 m, including 12.23 g/t Au over 14.81 m

Table 1: 
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                                                     Average Grade
                              Intercept   -------------------------------
Hole          From        To         (i)      Au       Ag      Pb      Zn
No.             (m)       (m)        (m)    (g/t)    (g/t)     (%)     (%)
-------------------------------------------------------------------------
CK 2002     184.42    188.30       3.88     0.18   152.37    0.03    0.07
         ----------------------------------------------------------------
            205.40    213.30       7.90     0.16   264.55    0.13    0.25
-------------------------------------------------------------------------
CK2005       99.82    101.81       1.99     1.58      4.6     n/a     n/a
-------------------------------------------------------------------------
CK2006      121.11    133.73      12.62    5.788    40.51     n/a     n/a
-------------------------------------------------------------------------
CK2007      114.81    116.81       2.00     1.12       78     n/a     n/a
         ----------------------------------------------------------------
            122.45    130.45       8.00     5.54      5.7     n/a     n/a
-------------------------------------------------------------------------
CK2009       65.44     66.48       1.04     1.03       46     n/a     n/a
-------------------------------------------------------------------------
CK2010      153.12    179.93      26.81     7.83      5.7     n/a     n/a
         ----------------------------------------------------------------
         including
         ----------------------------------------------------------------
            159.12    173.93      14.81    12.23    14.81     n/a     n/a
-------------------------------------------------------------------------
(i) True widths for the mineralized zones are typically from 75% to 95% 
    of the stated intercepts.

P&E Mining Consultants Inc. of Brampton, Ontario, is finalizing a NI 43-101 resource estimate on the Changkeng Gold Project and the Company is about to start an aggressive exploration program to advance the project to the feasibility study stage.

Samples were prepared and assayed at PRA Kunming lab (Process Research Associates Ltd.) under the supervision of a certified Canadian chemist from the British Columbia PRA lab. Gold and silver were assayed with fire assay and AAS or gravimetric finish. Assay results were further checked at PRA's Vancouver lab as an external check. Samples have also been sent to ASL Chemex Laboratories in Guangzhou, Guangdong Province, PRC for additional check analysis. Reference materials were inserted by Minco geologists as part of a comprehensive quality assurance/quality control program.

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)(AMEX:MGH)(FRANKFURT:MI5) is a Canadian mining company involved in the direct acquisition and development of high-grade, advanced stage gold properties in China. The Company owns an exploration property portfolio covering more than 1,500 square kilometres of mineral rights in China.

ON BEHALF OF THE BOARD

Dr. Ken Z. Cai, Chairman & CEO