Tungsten Update

Ormonde Mining PLC
13 November 2007

13 November 2007


                               Ormonde Mining plc


    Ongoing Drilling and Evaluation Indicates Multi-Vein Nature of Ormonde's
                            Spanish Tungsten Project


DUBLIN & LONDON: 13 November 2007 - Ormonde Mining plc ("Ormonde" or "the
Company") is pleased to report that ongoing drilling and evaluation work at its
Barruecopardo Tungsten Project in Salamanca, Spain ("the Project") now indicate
a deposit with multiple mineralised zones, raising the Project's resource and
economic potential.


Drilling to-date at the Project has focused primarily on targeting a high grade
tungsten zone termed Filon Maestro ("FM Zone") to the north of the main historic
open pit mine.  Interpretation of recent drilling intersections and access to
historical data now show that a further two tungsten mineralised zones can be
defined.  The Project therefore now comprises:


  • Filon Maestro Zone:  Ormonde recently reported that ongoing infill and
    step-out drilling has extended the known limits of the FM Zone along strike
    to 750 metres and at depth to over 175 metres.  The Company is pleased to
    report that drilling continues to intersect this zone at depth and supports
    previous results, with a new intersection from hole BAR-19 of 2 metres
    grading 0.5% WO3.


  • Filon Principal Zone:  Access to historical mining reports has now
    indicated that previous mining activity was targeted at a wider, lower grade
    tungsten zone, the Filon Principal Zone ("FP Zone"), located beneath the
    flooded portion of the main pit.  A study completed in 1985 reports that
    this zone was mined over a 700 metres strike length, with an average width
    of 14 metres (maximum 22 metres) and average grade of 0.23% WO3.  Initial
    drilling of the FP Zone is underway with a view to identifying higher grade
    tungsten zones within it.


  • Filon Central Zone:  A new intersection from BAR-19 of 8 metres grading
    0.3% WO3 (includes 1 metre grading 1.5% WO3) indicates the presence of
    tungsten-rich quartz veins in the granite rock between the FM and FP Zones.
    This zone appears to correlate to what were previously reported as isolated
    tungsten intervals of 1 metre grading 1.4% WO3 in BAR-16 and 1.0 metre
    grading 0.7% WO3 in BAR-18. This zone, named Filon Central, will be further
    tested in the current drilling programme.



Kerr Anderson, Managing Director, said:


"We continue to make excellent progress with our tungsten programme.  The
emerging picture of a Project with growing resource potential through the
definition of multiple mineralised zones is an extremely positive development."


A table of all significant drilling results reported to-date is provided below
and a drawing showing the location of the zones described above is included in
the PDF version of this announcement at www.ormondemining.com/doc/press/
pr071113.pdf



Ormonde currently has two drill rigs operating at the Barruecopardo Project,
with the objective of fast-tracking the Project's evaluation through infill and
step-out drilling.


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]


Davy (Nominated Adviser to Ormonde)

Fergal Meegan   Tel: + 353 1 679 6363


ENDS


Drilling Results


                           FILON MAESTRO ZONE                          FILON CENTRAL ZONE
    Hole       From (m)     To (m)   Length (m)   WO3 %     From (m)    To (m)   Length (m)   WO3 %

   BAR-01        115.7      116.7       1.0        0.5
   BAR-02         To be deepened to intersect FM Zone
   BAR-03        101.5      104.9       3.4        1.0
  including      101.9      102.9       1.0        2.4
   BAR-04        122.0      122.9       0.9        1.6
                 142.5      143.1       0.6        4.5
   BAR-05        133.7      135.4       1.7        0.4
   BAR-06        245.0      246.0       1.0        0.7       181.6      182.8       1.2        0.6
   BAR-07       Intersected intrusion cutting main zone
   BAR-09        119.0      121.0       2.0        2.1
   BAR-10        125.0      127.0       2.0        1.5
   BAR-11        114.0      115.0       1.0        0.3
   BAR-12        128.0      130.0       2.0        1.7
   BAR-13        123.0      125.0       2.0        2.4
   BAR-14        114.0      115.0       1.0        0.3
   BAR-15        122.0      124.0       2.0        0.4
   BAR-16        202.0      206.0       4.0        0.6        91.0       92.0       1.0        1.4
   BAR-17        125.0      127.0       2.0        0.9
   BAR-18        254.0      255.0       1.0        0.3        91.0       92.0       1.0        0.7
   BAR-19        268.0      270.0       2.0        0.5        96.0      104.0       8.0        0.3

                                                              96.0       97.0       1.0        1.5



Note: BAR-19 is a new hole reported in this announcement.  Results from all
other holes have been reported in previous announcements.


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.


Ormonde's main project is the La Zarza Copper-Gold-Zinc Project in southern
Spain where the Company's objective is to establish an underground mining
operation producing copper, gold, zinc and silver in concentrates.  A Bankable
Feasibility Study is currently being carried out by leading international
engineering firms.


Ormonde is also evaluating 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.


About Tungsten


Tungsten is most frequently used as tungsten monocarbide, which has a hardness
close to diamond, in cemented carbides.  The principal tungsten applications
include its use in cutting steels and in tungsten alloys, electronics, and
chemical products.


Prices of tungsten concentrates are expected to remain buoyant for the long
term, and are currently quoted by the Metal Bulletin in the range $160-$180 per
metric tonne unit.  A metric tonne unit is equal to 10kg of WO3, which equates
to 1.0% contained WO3 in the rock.


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