Kyrgyz Licence Extension

Aurum Mining PLC 07 February 2006 For immediate release 7 February 2006 AURUM MINING PLC ('Aurum' or 'the Company') Extension of Exploration Licence in Kyrgyz Republic Aurum Mining plc (AIM: AUR), the company formed to acquire gold and other mineral extraction projects in the Former Soviet Union (FSU), is pleased to announce that its exploration licence for the Andash gold and copper project in the Kyrgyz Republic has received an anticipated extension from the Kyrgyz government from 31 January 2006 to 31 December 2010. The extension of the exploration licence will allow the Company to continue its work on accurately establishing resource opportunities within the licence area, where current core drilling is expected to show good results in Zones 2 and 3. These zones showed promising resource opportunities following recent work involving the re-opening, cleaning and extending of trenches. In addition, the extension of the exploration licence will allow the Company to continue preparatory work on its new Andash exploration opportunity, Tokhonysay. The State Commission of Resources of the Kyrgyz Republic has already included 21.7 million tonnes of C1 and C2 reserves for Andash Zone 1 into the State Register, amounting to total gold and gold equivalent of more than 1.5 million ozs. Work is continuing on the feasibility study for Zone 1 in preparation for the Company's submission of a mining licence application, which is expected later this year. Mark Jones, Chief Executive of Aurum Mining, commented: 'Whilst we had anticipated an extension to our exploration licence from the Kyrgyz authorities we are nonetheless delighted to receive it. We are planning to achieve significant milestones for the Company during the period of the renewed licence, including the submission of a mining licence for Andash Zone 1 and the commencement of commercial gold production.' For further information: Aurum Mining plc Tel: 020 7478 9050 Sean Finlay, Chairman Mark Jones, Chief Executive W H Ireland Tel: 0121 616 2101 Tim Cofman Buchanan Communications Tel: 020 7466 5000 Mark Court James Strong Notes to editors Aurum joined the AIM market of the London Stock Exchange in May 2004 with the strategy of seeking, evaluating and acquiring gold and other mineral extraction projects in the Former Soviet Union (FSU). In January 2005 the Company completed its first acquisition, giving the Company an exploration licence over a gold and copper project in the Kyrgyz Republic. In its State Register, the State Commission of Resources of the Kyrgyz Republic has included 21.7 million tonnes of C1 and C2 reserves from the project, amounting to gold and gold equivalent of more than 1.5 million ozs. This information is provided by RNS The company news service from the London Stock Exchange
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