Drilling Report

Ormonde Mining PLC
25 July 2002

                               ORMONDE MINING PLC

 New drilling results from the Tamlalt Joint Venture in Morocco further confirm
                depth extension of surface gold mineralization.



Ormonde Mining plc ("Ormonde"; ORM) is pleased to announce that gold
mineralization has been intersected in the most recent drill holes completed by
the Bureau de Recherches et de Participations Minieres ("BRPM") at Jebel Malek
on the Tamlalt permits in NE Morocco. Ormonde entered into a joint venture on
Tamlalt with the Moroccan State Exploration Company on 23 April 2002.


Gold mineralization discovered at Jebel Malek occurs within a series of
structurally controlled quartz veins cutting Proterozoic-age felsic volcanics.
The drilling at Jebel Malek has been designed to test the depth extension of
surface mineralization outcropping in trenches over widths of 12-20 metres, e.g.
15.0m @ 4.0 g/t, 20.0m @ 3.7 g/t and 12.0m @ 6.5 g/t gold.


Results from holes JM-9 and 10 can be summarised as follows:


            Hole No.             From (m)        Interval (m)            Au g/t
                JM-9                 32.0                19.0               2.7
           including                 36.0                 4.0               9.9
                                     71.0                 6.0               4.9
               JM-10                 55.0                16.0               2.5
           including                 65.0                 6.0               4.5


Holes 9 and 10 were drilled east and west respectively of previously reported
drill hole JM-1, which returned 8.0m @ 2.7 g/t and 21.0m @ 5.2 g/t gold. This
drilling has defined a northerly-dipping mineralized zone with a true thickness
of 15-20 metres averaging around 2.5 g/t gold, within which higher grade zones
(5-20 g/t) over mineable widths are developed. Other mineralized lenses occur
beneath the main zone (e.g. 6.0m grading 4.9 g/t in JM-9). Mineralization is
open laterally to the east and west, and down-dip to the north where it is
currently known to extend a minimum of 120 metres.


Reinterpretation of previous drilling and these recent results have strongly
enhanced the economic potential of the Jebel Malek prospect. The next phase of
the exploration programme will involve detailed outcrop sampling in profiles to
the east of the currently defined mineralization where previous sampling by the
BRPM has returned anomalous gold and copper values. This sampling, which should
be completed in the next 2-3 months, is designed to trace the surface expression
of the mineralization and target further drilling.


The excellent working relationship that the Company has developed with the BRPM
is bearing fruit elsewhere in Morocco, with discussions being advanced on a
second gold project already at the resource stage.


In northern Spain, the Company's activities also continue to develop and we are
pleased to announce that we are close to agreement on acquiring a key permit
contiguous with our existing ground holdings. The Company believes that this
permit contains one of the most exciting unexplored gold prospects in northern
Spain, which, allied to our existing land position in the region makes Ormonde a
substantive player in this area.


A map and section of the Tamalt drilling will shortly be available on the
Company website at www.ormondemining.com.

Enquiries to:

Kerr Anderson - Managing Director

Ormonde Mining plc

Tel: [phone]

[e-mail]

Colin Andrew - Chairman

Ormonde Mining plc

Tel: [phone]

[e-mail]

John Carroll - Director

Ormonde Mining plc

Tel: [phone]

[e-mail]

Eugenee Mulhern

Davy Corporate Finance Limited

Tel: [phone]



Ormonde Website: www.ormondemining.com



25 July 2002




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