Sinovus Mining Limited

Sinovus Mining Limited (ASX: SNV) is pleased to report that one of the two existing exploration licences previously reported in the Sinovus Prospectus dated 25 September 2007 as held by Sinovus's Joint Venture (JV) Partner in Heilongjiang Province, China, Heilongjiang Provincial Institute of Geological Research, has been successfully transferred to the joint venture company, Heilongjiang Dragon State Resources Co. Limited, which is 70% owned by Sinovus Mining.

Strategically positioned to accelerate the exploration and development of Xiangguang Ag - Mn Project in Hebei Province, China After successful listing on ASX.