Andash Update

Aurum Mining PLC 29 May 2007 For immediate release 29 May 2007 AURUM MINING PLC ('Aurum' or 'the Company') Andash Mine Update Aurum Mining plc (AIM: AUR), the gold-mining company focussed on the Former Soviet Union, notes the recent press speculation and announces that the Government of Kyrgyzstan has not suspended mining operations at the Andash gold and copper deposit. In line with its original plan, the Company continues to work with local interested parties to meet regional and international social and environmental standards. All of the commitments made in the Company's feasibility study, which has been ratified by Kyrgyzstan authorities, are intended to be fully met. Any concerns of the local community are being fully addressed by the Company. Whilst this may slow some non-critical elements of the plan, the Company has no reason to believe that the overall timing of its operational plan will be impacted. Mark Jones, Aurum Mining's Chief Executive, said: 'Aurum, through its local subsidiary Andash Mining Company, has worked diligently and thoroughly throughout the entire process, complying with all regulations of the Kyrgyzstan Government. Personal meetings with senior government officials have confirmed the Company's continuing good standing with the Kyrgyzstan Government.' For further information: Aurum Mining plc Tel: 020 7478 9050 Mark Jones, Chief Executive Officer Chris Eadie, Chief Financial Officer Arbuthnot Securities Tel: 020 7012 2000 Graham Swindells John Toll Buchanan Communications Tel: 020 7466 5000 Mark Court / Rebecca Skye Dietrich Notes to editors Aurum Mining, which joined the AIM market of the London Stock Exchange in May 2004, is a mining company focussed on gold opportunities in the Former Soviet Union. Its principal asset is an exploration licence over the Andash gold and copper project in the Kyrgyz Republic. A mining licence for Andash Zone 1 was awarded by the Kyrgyz authorities in 2006. The bankable feasibility study compiled by Wardell Armstrong International, also in 2006, confirmed a measured and indicated resource base of 19.2 million tonnes at 1.1 grams per tonne of gold and 0.4% copper, which equates to 1.1 million ozs of gold and gold equivalent. Initial production at Andash Zone 1 is expected in 2008. The Andash project also includes Zone 2 and Zone 3 along with Tokhtonysay, Nakhodka and three other additional exploration areas. This information is provided by RNS The company news service from the London Stock Exchange
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