Acquisition

Hochschild Mining PLC
12 December 2006


Hochschild Mining plc Acquires Moris Mine in Chihuahua, Mexico


Hochschild Mining plc ('Hochschild Mining') announces that the joint venture
between Minera Hochschild Mexico, S.A. de C.V. ('MHM'), a wholly-owned
subsidiary of Hochschild Mining, and EXMIN Resources Inc. (EXM:TSX-V) has
exercised its option to purchase the Santa Maria de Moris mine ('Moris') in
Chihuahua, Mexico, pursuant to the terms of the contract signed with Minera
Moris, S.A. de C.V., on 30 June 2006. Moris is expected to produce silver and
gold. For more information on the terms of the contract please see section
12.3.4 of the 3 November 2006 Prospectus.


The total purchase price of Moris is $6,000,000 plus VAT, of which $1,500,000
plus VAT has already been paid. Hochschild Mining will now pay the balance of
$3,150,000 plus VAT, which corresponds to its 70% ownership interest in the
project. In addition, by way of a $1,350,000 private placement, MHM has acquired
2,926,188 common shares of EXMIN at a price of C$0.53 per share. The proceeds of
this transaction will allow EXMIN to fund its 30% share of the purchase price of
Moris.


For further information, please contact

Hochschild Mining plc                    Tel: [phone]

Finsbury                                 Tel: [phone]
Roland Rudd
Robin Walker
Zoe Watt




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