Golden China Resources Corporation (TSX.V: AUC) announces that it and Michelago Limited accepted the Mining Environmental Protection Award together at the inaugural CHINA MINING 2006 awards ceremony. The honour was bestowed upon Golden China-Michelago for the demonstration of outstanding initiative, leadership, innovation and accomplishment in the interest of sustainable development at the BioGold production facility in China's Shandong Province.

"I am thrilled to accept this honour on behalf of everyone who helped make the BioGold facility what it is today," said Peter Secker Director and Founder of Michelago. "Needless to say, environmental sustainability is a key world issue and we are very proud of our efforts to this end as responsible corporate citizens."

Golden China and Michelago are in the last stages of a business combination. Although the amalgamation has not yet officially completed, Golden China has provided funding for Michelago and the BioGold facility. As a result, the award was presented to both companies at the 2006 China Mining Conference in Beijing.

The Shandong MIC BioGold plant is the most environmentally advanced processing facility in China, capable of processing highly refractory arsenic gold ores that meet all world environmental standards. The BioGold facility uses the patented, proprietary BACOX(C) bioleaching technology, for which it has acquired the 10-year rights in China, Mongolia, Siberia and Korea.

In addition to the bacterial oxidation plant, the BioGold facility includes a CL plant, a base metal flotation circuit, 51% of a gold refinery, and a seat on the Shanghai Gold Exchange. The facility currently purchases gold concentrates from a number of mining operations and produces about 120,000 ounces of 99.99% gold bullion annually.

About Golden China Resources Corporation:

Golden China Resources Corporation is a public company focused on exploration and development, operations, and merchant banking in the Chinese precious metal industry. Golden China is capitalizing on a combination of its international mining and financing expertise and a partnership with the Hong Kong-based financial services provider, Kingsway Group, to become a significant participant and consolidator in China's developing precious metals sector. Golden China's shares are listed on the TSX Venture Exchange under the symbol AUC. Golden China has announced a planned business combination with Michelago Limited (ASX: MIC) to form a significant participant and consolidator in the Chinese precious metal industry and one of the largest producers of gold in China.