Mining Authorities Approve Drilling Programme

Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources

9 August 2013

Noricum Gold Limited ('Noricum Gold' or 'the Company')

Austrian Mining Authorities Approve Underground Drill Programme at Rotgulden Gold and Precious Metal Project

Noricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to announce that approval has been granted for the underground drill programme at the previously producing Rotgulden Gold Mine.

This follows a site visit and oral hearing convened by the Austrian mining authority on 7 August 2013. The drill contractors are now in a position to mobilise and further announcements will be made in due course.

Noricum Gold Managing Director Greg Kuenzel said, "With final approval now received we are excited to commence drilling at the Rotgulden Gold Mine, which is one of four targets located within our flagship gold project. The circa 1,300 metre underground drill programme is focussed on delineating a maiden resource at the previously producing mine, where surface drilling by the Company produced results of up to 3.1m @ 11.69 g/t of gold, and historical underground drilling produced results up to 2.7 m @ 44 g/t gold. We look forward to providing on-going updates as we further test the extent of this high grade gold mineralisation at depth."

**ENDS**

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