Drilling Update

Ormonde Mining PLC
08 November 2007

08 November 2007



                               Ormonde Mining plc



Ormonde reports thick zinc intersections from drilling of Lower Massive Sulphide
                                Zone at La Zarza



DUBLIN & LONDON: 08 November 2007 - Ormonde Mining plc ("Ormonde" or "the
Company") is pleased to report the final results of drilling of a zinc-rich
massive sulphide zone ("Lower MS Zone") as part of the feasibility study at its
100% owned La Zarza Copper-Gold-Zinc Project in southwest Spain.



Main Points



  • Drilling has intersected thick intervals of zinc-rich mineralisation
    including 20 metres grading 4.7% zinc (within 70m grading 3.3% zinc) and 14
    metres grading 4.5% zinc (within 74m grading 3.3% zinc), with significant
    levels of copper, gold and silver;



  • Holes drilled within the current resource area meet expectations; this
    will result in conversion to Indicated Resources in a final resource
    statement due with the feasibility study;



  • Holes drilled outside the current resource area intersected thick zinc and
    low grade copper intervals (including 118 metres grading 1.0% copper)
    showing that mineralised massive sulphides are open to the west; the entire
    Lower MS Zone is open at depth;



  • The Bankable Feasibility Study is on schedule for completion in late
    December and following a review by the Company results will be reported in
    early January.





Kerr Anderson, Managing Director, said today,



"The thick intervals of good grade zinc intersected in this drilling have firmed
up our interpretation of the Lower MS Zone and in the areas where drilling is
more closely spaced allow for the conversion of Inferred Resources to Indicated
Resources.  The new results also give a solid indication of the potential to
increase zinc resources at depth and to the west, outside of the feasibility
study resource area."





Drilling Results



Four holes (ORM-56, 58, 59 and 61) were completed in the area of the Lower MS
Zone for a total of 2,010 metres of drilling.  Holes ORM-56 and 58 were drilled
within the feasibility study resource area.  ORM-59 and 61 were drilled to the
west of the currently defined zinc resources.  Results are summarized as
follows:




   Hole      Section   From (m)   Width (m)       Cu %       Pb %       Zn %      Ag g/t      Au g/t

  ORM-56      1925E       390.0        70.0        0.6        0.6        3.3        26.7         1.4
 including                422.0        20.0        1.0        0.9        4.7        42.8         2.6

  ORM-58      2025E       413.0        66.0        0.6        0.7        3.1        34.2         1.0
 including                449.0        16.0        0.3        0.7        4.4        34.8         0.6

  ORM-59      1875E       396.2       118.0        1.0        0.2        1.0        13.7         0.9
 including                396.2         5.8        2.3        0.1        0.5        19.0         0.4

  ORM-61      1825E       368.0        74.0        0.8        0.8        3.3        33.2         1.5
 including                368.0        14.0        0.7        0.9        4.5        31.8         1.4
    and                   388.0        26.4        1.2        0.8        3.6        38.3         2.0





The zinc mineralisation encountered in these holes remains open at depth on all
sections; diagrams are included in the PDF version of this announcement at
www.ormondemining.com/doc/press/pr071108.pdf.





Kerr Anderson PhD EurGeol PGeo, Managing Director of Ormonde Mining plc, and a
qualified person as defined in the Guidance Note for Mining, Oil and Gas
Companies, March 2006, of the London Stock Exchange, has reviewed and approved
the technical information contained in this announcement.



A glossary explaining technical terms contained in this announcement can be
found at www.ormondemining.com/projects/glossary.html.





Enquiries to:



Ormonde Mining plc

Kerr Anderson, Managing Director,

Fraser Gardiner, Director

Tel: [phone]



Bankside Consultants

Simon Rothschild / Louise Mason   Tel: [phone]   Mob: [phone]
167065



Davy (Nominated Adviser to Ormonde)

Fergal Meegan   Tel: + 353 1 6796363





ENDS





About La Zarza



The La Zarza Project comprises a group of Mining Concessions covering a total
area of 12.8 square kilometres in the Iberian Pyrite Belt mining district in
southwest Spain, some 50 kilometres north of Huelva and 90 kilometres northwest
of Seville.  Ormonde has a 100% interest in the Project.  Operating mines and
other advanced projects in the Pyrite Belt include Neves Corvo (Lundin Mining),
Las Cruces (Inmet Mining) and Aguas Tenidas (Iberian Minerals).



Ormonde's objective at La Zarza is to establish an underground mining operation
producing copper, gold, zinc and silver in concentrates.  A pre-feasibility
study in September 2006, focused on the copper and gold resources, demonstrated
positive economics for the Project and a Bankable Feasibility Study is currently
being carried out by leading international engineering firms.



La Zarza was historically mined for pyrite from a large massive sulphide body
(over 110 million tonnes) by both open pit and underground mining.  The Project
benefits from existing road, rail, power and water infrastructure in the
immediate proximity, a local skilled workforce and available contractors in this
historic mining area, and appropriate regulatory and investment regimes.





About Ormonde



Ormonde Mining plc is quoted on the AIM in London and the IEX in Dublin.
Ormonde is a mineral development and exploration company focused on Spain, with
the objective of developing mining projects and taking them into production.



In addition to the La Zarza Project, Ormonde is investigating the Barruecopardo
high-grade tungsten deposit in the Salamanca area where a continuous programme
of in-fill and step-out drilling is now underway with a view to fast-tracking
the evaluation of this project.  The Company's other current activities include
successful gold exploration at the Pino de Oro Prospect (Zamora) and Sierro
Prospect (Salamanca).



For more information please visit www.ormondemining.com.


                      This information is provided by RNS
            The company news service from the London Stock Exchange END

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