RNS Number:0169T
Trans-Siberian Gold PLC
09 December 2003

Issued: Tuesday, 9 December 2003


The following statement has been released by Trans-Siberian Gold plc and is
distributed in London by Bankside Consultants Ltd on behalf of the Company.
Contact:  Keith Irons, 020 7444 4155.



                         Trans-Siberian Gold plc (TSG)



                New high grade thick drill intercepts at Veduga


LONDON:  9 December 2003.  Trans-Siberian Gold plc, ("Trans-Siberian") (TSG.L)
reports that assay results, just received, from Reverse Circulation (RC)
drilling carried out at its Veduga project in the period September to October
2003 show high grade intercepts.  Of particular note are the results of 4 holes
drilled into Orebody 11, a satellite orebody situated some 500 metres south-west
of Orebody 1, which contains three-quarters of the currently defined resources
of 2.1 million ounces at 5 grammes/tonne gold.



The latest results show grades of between 8 and 10 g/t gold over intervals of up
to 27 metres close to surface.  The drilling in Orebody 11 was prompted by the
assay result from a trench over the structure completed earlier in the year that
yielded 8.5 g/t over 12 metres and the assays from two previously completed
diamond drill holes with intercepts of 8 metres at 17.54 g/t and 7 metres at
5.24 g/t.  The full results of the 4 holes are as follows:


                 Hole              From (m)                To (m)          Interval (m)              Au (g/t)
                RC229                  55.0                  82.0                  27.0                  8.10
                RC230                  88.0                 109.0                  21.0                 10.68
                RC225                  11.0                  38.0                  27.0                  8.06
                RC227                  23.0                  27.0                   4.0                  7.78



Results from a further 4 holes are awaited.  The samples have already been
despatched to Alex Stewart Assayers in Bishkek and assays will be available
shortly.



"The orebody appears to have a length of about 250 metres and is open at depth,"
said Jocelyn Waller, managing director.



"The significance of these results is that we now have a new high grade orebody
to add to the resource base at Veduga, and one that is likely to be readily
amenable to open pit mining and will provide a grade fillip to the ore to be
processed in the initial period of exploitation."



Trans-Siberian has identified 13 separate, but related, orebodies at the Veduga
project and it is expected that other results from the RC programme will have
the effect of increasing the resources in Orebody 1 and the adjacent Orebody 13.
  It is planned to have a total resource update for Veduga completed by
mid-January 2004.



A new diamond drilling programme has started and three rigs are currently
drilling with a fourth scheduled to begin later this month and a fifth early
next year.  Among targets to be tested are 10 prospects in the exploration
licence area (540 sq km) surrounding the central mining licence of 1.7 sq km),
where anomalies were identified by soil sampling, Wacker drilling, pitting,
trenching and geophysics during the 2003 summer field season.



The Veduga tenements are 100% owned by TSG.  They are located in the Krasnoyarsk
Krai region of western Siberia in the Yenesei ridge gold belt, some 500 km by
road north of the city of Krasnoyarsk.  The Yenesei district hosts a number of
gold mines and deposits including Olimpiada Russia's biggest gold mine (850,000
oz of production in 2002), now owned by Norilsk Nickel, and situated some 60 km
to the north of Veduga.



                                      Ends





For further information:


Jocelyn Waller, Managing Director
Trans-Siberian Gold                             01223 265 761 / 07778 164 376
jocelyn.waller@trans-siberiangold.com           www.trans-siberiangold.com

Keith Irons, Bankside Consultants
keith@bankside.com                              020 7444 4155 / 07885 356 639






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

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