China Goldcorp Ltd. announces changes to board and management



    /NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

    TSX VENTURE EXCHANGE: CAU.P

    TORONTO, Nov. 16 /CNW/ - China Goldcorp Ltd. (the "Corporation")
announces that Peter Walker has resigned as an officer and director of the
Corporation. Mr. Walker has been replaced on the Corporation's board of
directors by Maurice J. Colson. The Corporation is also pleased to announce
the appointment of Mr. Herbert Gasser, a director of the Corporation, as Chief
Executive Officer and Chief Financial Officer.
    The Corporation continues to work diligently towards completion of its
Qualifying Transaction announced in its press release dated October 31, 2007.

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved the
    contents of this news release.




For further information:

For further information: Herbert Gasser, Telephone: (416) 402-5282

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CHINA GOLDCORP LTD.

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