Andash Resource Update

Aurum Mining PLC
05 September 2006


For immediate release                                           5 September 2006



                                AURUM MINING PLC

                           ('Aurum' or 'the Company')



  Andash resource exceeds expectations: JORC estimate upgraded to Measured and
                      Indicated with improved metal grades





Aurum Mining plc (AIM: AUR), the company formed to acquire gold and other
mineral extraction projects in the Former Soviet Union (FSU), is pleased to
announce an updated resource estimate for its Andash gold and copper project in
the Kyrgyz Republic. This latest estimate, following the completion of the
in-fill drilling programme, uses JORC standards and was compiled by the
independent consultant Wardell Armstrong International (WAI). The estimate
transfers almost the entire resource into Measured and Indicated categories, and
provides the resource classification required for the detailed feasibility study
currently under completion.



The latest estimate gives a Measured and Indicated resource of 17.1 million
tonnes, leaving only a further 200,000 tonnes in the Inferred category. Total
metal content has increased, giving improved grades when calculating the
resource using a cut-off of 1.25g/t of gold and gold equivalent. The resource
now has 624,000 oz of gold (19.42t) and 72,000 tonnes of copper.



The JORC Resource:


                        Andash Resources @ 1.25g/t Aueq Cut-Off (September 2006)
Category             Type              Tonnage (kt)      Au (g/t)      Cu (%)      Au (kg)      Cu (kt)
Measured             Oxide                 835             0.89         0.51         741          4.2
Measured           Sulphide               2,980            1.21         0.47        3,599        14.1
          Total Measured                  3,815            1.14         0.48        4,340        18.3
Indicated            Oxide                 855             0.85         0.42         726          3.6
Indicated          Sulphide               12,400           1.16         0.40        14,353       50.0
          Total Indicated                 13,255           1.14         0.40        15,080       53.6
    Total Measured + Indicated            17,070           1.14         0.42        19,420       71.9
Inferred           Sulphide                200             0.95         0.27         190          0.5





This resource estimate is based on original Soviet drilling and sample data and
on the results of Aurum's recent in-fill drilling programme, the latter
representing around 42 per cent of the data used in the calculations. WAI is
awaiting the results of some further check assays of the copper content of the
Andash resource, though the homogenous nature of the Andash orebody suggests
that it is unlikely to differ significantly from the above estimates.



This latest resource estimate will form a central part of the detailed
feasibility study, which is currently being compiled by WAI. The transfer of the
majority of the resource into Measured and Indicated significantly strengthens
the Proven and Probable Mining Reserve opportunity, which will be included in
the feasibility study. This study, which will form the basis of discussions for
the project financing of the Andash mine, is expected to be completed by the end
of this calendar year. It was initially expected that the study would be
completed at the end of September but some additional work is being done on an
alternative to the tailings dam configuration with the objective of reducing
costs and improving the operating margin of the mine.



Mark Jones, Aurum Mining's Chief Executive, said: 'This latest JORC resource
estimate marks a major milestone for the Company as the Andash resource is now
almost entirely in Measured and Indicated categories which will make the Western
feasibility study, currently under preparation, additionally persuasive. We are
particularly pleased in getting increased metal content as the improved grade
increases the attractiveness of the Andash project.'





For further information:


Aurum Mining plc                                      Tel: [phone]
Mark Jones, Chief Executive

Arbuthnot Securities                                  Tel: [phone]
Graham Swindells

Buchanan Communications                               Tel: [phone]
Mark Court/Amy Rajendran






Notes to editors



Aurum Mining joined the AIM market of the London Stock Exchange in May 2004 with
the strategy of seeking, evaluating and acquiring gold and other mineral
extraction projects in the Former Soviet Union (FSU). In January 2005 the
Company completed its first acquisition, giving the Company an exploration
licence over the Andash gold and copper project in the Kyrgyz Republic. In its
State Register, the State Commission of Resources of the Kyrgyz Republic has
included 21.7 million tonnes of C1 and C2 reserves from the project, amounting
to gold and gold equivalent of more than 1.5 million ozs.




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