La Zarza drilling results

Ormonde Mining PLC
19 February 2007

19 February 2007



                               Ormonde Mining plc



       La Zarza drilling continues to intersect high-grade gold & silver



DUBLIN & LONDON: 19 February 2007 - Ormonde Mining plc ("Ormonde" or "the
Company") reports the latest results from its infill drilling programme at La
Zarza.





MAIN POINTS



  • New drilling results, as listed below in the table, comprise significant
    intersections of the three zones of mineralization being evaluated: Copper
    Silicatado, Gold Silicatado and Zinc Massive Sulphide



  • Intersections include high-grade gold intervals of 9.0 metres grading 11.2
    grams per tonne ("g/t") gold and 187 g/t silver, and 11.1 metres grading 5.0
    g/t gold and 71 g/t silver



  • Following receipt of the remaining assays, a revised resource estimation
    will be carried out as part of the Bankable Feasibility Study currently
    underway on the project





Kerr Anderson, Managing Director, said today,



"The infill drilling programme continues to return positive assay intersections
in line with our earlier drilling results and will enable an updated resource
estimation to commence upon receipt of the outstanding assay results.  Our final
4,000 metre drilling programme, focussed on the zinc-rich massive sulphide
deposit, is due to start shortly."





Ormonde recently engaged two leading international engineering firms, Aker
Kvaerner Engineering Services Ltd, UK and AMC Consultants, to carry out the
process plant engineering, infrastructure design and the underground mining
design for the La Zarza Bankable Feasibility Study.





DRILLING RESULTS



Ormonde's Phase 3 drilling has tested the three zones of mineralization being
evaluated at La Zarza at different parts of the deposit.  New results include
the following:



Copper intervals:


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

 ORM-34      CU       323.6       8.4        2.2        1.3        0.4         0.5        23.7

 ORM-35      CU       102.0       2.0        2.8        0.7        0.2         0.8        14.0




Gold intervals:


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

 ORM-38      AU       199.0       5.0        0.7        3.7        2.3         4.5        116.6

 ORM-42      AU       135.0      11.1        0.4        1.3        1.4         5.0        70.6

 ORM-43      AU       78.0        9.0        0.8        5.2        4.3        11.2        187.0




Zinc intervals:


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

 ORM-33      ZN       105.0       4.0        0.7        6.3        3.2         1.4        54.0

 ORM-38      ZN       206.0       9.0        1.3        5.2        2.2         2.6        94.6

 ORM-39      ZN       50.0       10.0        0.5        4.9        1.5         1.1        26.0

 ORM-40      ZN       338.9      13.2        0.4        3.4        0.8         0.9        41.3
             ZN       363.5       5.6        0.8        4.2        1.3         1.1        41.1
             ZN       387.0       9.0        1.1        3.4        0.9         1.2        113.4




Notes:



  • The drilling reported represents infill drilling, designed to upgrade "
    Inferred" resources to the "Indicated" category.



  • Upon receiving the remaining assay results, a new mineral resource
    estimation will be carried out by AMC Consultants.



  • Holes ORM-38 and ORM-42 tested a part of the deposit known as "Footwall
    Silicatado", which is high in gold and silver and had not been drilled in
    previous campaigns.



  • A drilling programme is currently being implemented to test deeper parts
    of the new Zinc Massive Sulphide resource, where existing intersections are
    widely spaced and further drilling is required to upgrade resources to the "
    Indicated" category.



  • All significant drilling results received to-date are reported on
    Ormonde's website www.ormondemining.com.





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/glossary.htm.





Enquiries to:



Kerr Anderson, Managing Director,

Ormonde Mining plc   Tel: [phone]



Fraser Gardiner, Director,

Ormonde Mining plc   Tel: [phone]



Simon Rothschild,

Bankside Consultants   Tel: [phone]   Mob: [phone]





About La Zarza



The La Zarza Copper-Gold Project comprises a group of Mining Concessions
covering a total of 13 square kilometres in the Iberian Pyrite Belt mining
district of southwest Spain, some 50 kilometres north of Huelva and 90
kilometres northwest of Seville.



In September 2006 Ormonde published a positive pre-feasibility study for the
Project, and work towards completion of a Bankable Feasibility Study is
currently in progress.  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.  The
Company's objective is to enhance shareholder value by developing mining
projects in Spain and taking them into production.  Ormonde has a strong local
Spanish management team, supported by a Board with extensive mine development
and exploration experience.



For more information please visit www.ormondemining.com.




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