TGF Tianshan Gold.

RNS Number:5828Y
Tianshan Goldfields Ltd
19 June 2007





                          TIANSHAN GOLDFIELDS LIMITED





            NEW LICENSES GRANTED IN HIGHLY PROSPECTIVE TULASI BASIN



  * Five new exploration licenses granted in the Tulasi Basin for an aggregate
    area of 111 km2.



  * In December 2006, Tianshan reported an estimated Mineral Resource of
    2.8Moz of gold at its flagship Gold Mountain project in the Tulasi Basin.



Tianshan Goldfields Limited ("Tianshan" or "the Company") (ASX/AIM: TGF) is
pleased to announce that five new exploration licenses, for an aggregate
110.95km2 have been granted to Xinjiang Gold Mountain Mining Company, a joint
venture company in which Tianshan holds a 90% interest.



The new exploration licenses have been granted both in the vicinity of the
existing Gold Mountain tenement and along structural trends which are known to
host gold deposits and prospects within the Tulasi Basin (Figure 1).  On 19
December 2006, Tianshan reported an estimated Mineral Resource of 2.8Moz Au on
the Gold Mountain tenement located in the Tulasi Basin.



These new licenses will receive an extensive sampling programme (stream
sediment, rock chip and BLEG) together with detailed geological mapping during
the 2007 exploration programme.



The new licenses bring the total licenses held to 632.32km2.  Negotiations are
advanced to secure further tenements over areas of known mineralisation in the
Tulasi Basin.





Mr SL Allnutt (AusIMM, MAIG), Chief Geologist of Tianshan Goldfields Limited,
and Mr K S Liddell (FAusIMM) a director of the Company, compiled the technical
aspects of this report relating to the Gold Mountain Project.  Mr Liddell and Mr
Allnutt have sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the activity that
is being reported on to qualify as a Competent Person as defined in the 2004
Edition of the Australasian Code for Reporting of Mineral Resources and Ore
Reserves. Mr Allnutt and Mr Liddell consent to the inclusion in the report of
the matters in the form and context in which it appears.





For Further Information, Please Contact:
Tianshan Goldfields Limited
Level 22, Allendale Square
77 St Georges Terrace
Perth WA 6000
Telephone:            +61 8 9221 7729
Fax:                  +61 8 9221 7866


Keith Liddell - Chairman
Jason Bontempo - Chief Financial Officer



WH Ireland Limited
11 St James's Square
Manchester
M2 6WH
Telephone:              +44 161 832 2174

David Youngman
Katy Mitchell










                      This information is provided by RNS
            The company news service from the London Stock Exchange
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