Shearwater Regulatory News (SWG)

25 Apr 2005 10:28

Aurum Mining PLC25 April 2005 For immediate release 25 April 2005 AURUM MINING PLC ("Aurum" or "the Company") Update on progress at Andash Aurum Mining plc (AIM: AUR), the company formed to acquire gold and othermineral extraction projects in the Former Soviet Union, is pleased to announceto shareholders results of recent works at its Andash gold and copper propertyin the Kyrgyz Republic. • Four further drill holes completed • Operations unaffected by recent civil unrest in the Kyrgyz Republic Our technical programme is ongoing and the Company has obtained additionaldrilling results from this programme, additionally we have calculated intervaldata as shown below from previous drilling showing high grade zones within theore zone. *DDH # Interval m Length m Au g/t Cu %TX-1 0.0-107.0 107.0 0.95 0.47 Including: 65.0-106.0 41.0 1.31 0.61 TX-2 0.0-149.0 149.0 1.94 0.66 Including: 69.0-107.0 38.0 4.43 1.14 75.0-93.0 18.0 7.57 1.79 TX-3 1.0-174.0 173.0 1.53 0.48 Including: 2.0-127.0 125.0 1.78 0.55 2.0-66.0 64.0 2.32 0.71 44.0-55.0 11.0 7.03 2.00 TX-4 0.0-122.0 122.0 0.96 0.47 Including: 66.0-87.0 21.0 1.74 0.62 P-1 0.0-17.0 17.0 1.04 0.59 42.0-75.0 33.0 0.50 0.21 P-2 0.0-33.0 33.0 0.59 0.20 83.0-116.0 33.0 1.12 0.44 P-3 0.0-164.0 164.0 No mineralisation P-4 0.0-173.8 173.8 No mineralisation \* The drill holes series TX - were drilled for resource calculation andmetallurgical purposes. The drill holes series P - were drilled fordelineation of mineralization on the flanks of ore body and for geotechnicalsamples. From these data we have designed a detailed in-fill drilling programme of 6000mof reverse circulation and 2000 m of diamond core drilling to complete therequirements for independent ore resource calculations, open pit design andoptimisation currently being conducted by Wardell-Armstrong International Ltd. Aurum management is pleased to see that its technical plans are on schedule withresults confirming the expected thickness of the Andash deposit and thecorrelation of the copper and gold grades. The Andash project as stated previously has Soviet standard resources quoted asfollows: Zone 1 - 634000 oz and approx 200 Mlbs of copper contained (@ 0.5 gAu/t cut-off) Zone 2 - 287000 oz of gold Zone 3 - 124000 oz of gold Kyrgyz Republic The Company is pleased to inform shareholders that the recent disruption seen inthe Kyrgyz Republic over the past few weeks did not impact the operations of theAndash project development and the drilling, sampling and assaying of ourexploration works did not stop during this period. Sean Finlay Chairman For further information please contact: Aurum MiningSean Finlay, Chairman Tel: + 353 1 8030401 WH IrelandTim Cofman Tel: 0121 616 2101 Buchanan Communications Tel: 020 7466 5000Mark Court/Charlie Howard This information is provided by RNS The company news service from the London Stock Exchange