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Highland Gold Mining Limited was incorporated in Jersey on 23 May 2002 for the purpose of acquiring, consolidating and developing a portfolio of quality gold mining projects in the Russian Federation with good growth potential.

Highland’s vision is to become the most profitable gold mining company in Russia and Central Asia with a firm commitment towards safety, health and the environment, and social responsibility towards employees and communities.

Highland Gold Mining is a well established gold producer with a world class Russian asset base of producing, development and exploration projects. It has strong management and operational teams with local and international expertise and an exciting portfolio of resources estimated at 15.7 million oz. We have an unrivalled pipeline of growth projects and focus on extensive exploration.

Highland Gold owns the fully operational Mnogovershinnoe mine (MNV) in the Khabarovsk Region; three development projects - Novoshirokinskoye and Taseevskoye (Chita Region), and Mayskoye (Chukotka); six exploration areas - Belaya Gora, Iska and Maya Inikan in the Khabarovsk Region, Lubavinskoye-Malo-Fedorovskoye in the Chita Region, Sovinoye in Chukotka and Unkurtash in Kyrgyzstan (Central Asia).

Highland Gold has 325,197,098 common shares in issue which, since December 2002, have traded on AIM in London under the symbol "HGM". Main shareholders are Millhouse LLC (40%), Barrick Gold Corporation (20.3%), Company’s management (6.6%).

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© 2005 Highland Gold Mining Ltd.