Registration of Gold Reserves
Aurum Mining PLC
24 August 2005
For immediate release 24 August 2005
AURUM MINING PLC
('Aurum' or 'the Company')
Andash Mining Company's successful state registration of reserves
Aurum Mining plc (AIM: AUR), the company formed to acquire gold and other
mineral extraction projects in the Former Soviet Union, is pleased to announce
that the State Commission of Resources of the Kyrgyz Republic have included 21.7
million tonnes of C1+C2 reserves of the Andash Mining Company, Aurum's Kyrgyz
subsidiary, into their State Register. The reserves contain total Gold and Gold
equivalent of over 1.5 million oz.
Aurum secured its exploration licence to the Andash Mining Company's gold and
copper exploration project, through the acquisition, in January 2005, of Kaldora
Company Ltd.
Commenting on the announcement, Mark Jones, Aurum's Chief Executive, said:
'This reconfirms the Andash deposit as one of the most exciting Gold
opportunities in the Kyrgyz Republic, particularly as the reserves are only for
Zone 1. We will continue our exploration work to other promising prospects in
the licence area.'
For further information please contact:
Aurum Mining
Mark Jones, Chief Executive Tel: 020 7478 9050
WH Ireland
Tim Cofman Tel: 0121 616 2101
Buchanan Communications Tel: 020 7466 5000
Mark Court/Amy Rajendran
This information is provided by RNS
The company news service from the London Stock Exchange