Novo Update March 2010

Highland Gold Mining Limited

FIRST SHIPMENT OF CONCENTRATE FROM THE NOVOSHIROKINSKOYE MINE

March 3, 2010 - Highland Gold Mining Limited ("Highland Gold" or the "Company") is pleased to announce the first shipment of concentrate from the Novoshirokinskoye mine commissioned in October 2009.

1,200 tonnes of concentrate were produced and shipped in February 2010 for smelting and refining at the Ust-Kamenogorsk plant in Kazakhstan operated by Kazzinc, a subsidiary of Glencore.

The mine remains on track with increasing production from the underground operations and process plant and anticipates ca. 300,000 tonnes of ore to be mined and processed during 2010, thereafter ramping up to an annual projected capacity of 450,000 tonnes by 2011.

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