Aurum Mining PLC
25 April 2005
For immediate release 25 April 2005
AURUM MINING PLC
('Aurum' or 'the Company')
Update on progress at Andash
Aurum Mining plc (AIM: AUR), the company formed to acquire gold and other
mineral extraction projects in the Former Soviet Union, is pleased to announce
to shareholders results of recent works at its Andash gold and copper property
in the Kyrgyz Republic.
• Four further drill holes completed
• Operations unaffected by recent civil unrest in the Kyrgyz Republic
Our technical programme is ongoing and the Company has obtained additional
drilling results from this programme, additionally we have calculated interval
data as shown below from previous drilling showing high grade zones within the
ore zone.
*DDH # Interval m Length m Au g/t Cu %
TX-1 0.0-107.0 107.0 0.95 0.47
Including: 65.0-106.0 41.0 1.31 0.61
TX-2 0.0-149.0 149.0 1.94 0.66
Including: 69.0-107.0 38.0 4.43 1.14
75.0-93.0 18.0 7.57 1.79
TX-3 1.0-174.0 173.0 1.53 0.48
Including: 2.0-127.0 125.0 1.78 0.55
2.0-66.0 64.0 2.32 0.71
44.0-55.0 11.0 7.03 2.00
TX-4 0.0-122.0 122.0 0.96 0.47
Including: 66.0-87.0 21.0 1.74 0.62
P-1 0.0-17.0 17.0 1.04 0.59
42.0-75.0 33.0 0.50 0.21
P-2 0.0-33.0 33.0 0.59 0.20
83.0-116.0 33.0 1.12 0.44
P-3 0.0-164.0 164.0 No mineralisation
P-4 0.0-173.8 173.8 No mineralisation
*The drill holes series TX - were drilled for resource calculation and
metallurgical purposes. The drill holes series P - were drilled for
delineation of mineralization on the flanks of ore body and for geotechnical
samples.
From these data we have designed a detailed in-fill drilling programme of 6000m
of reverse circulation and 2000 m of diamond core drilling to complete the
requirements for independent ore resource calculations, open pit design and
optimisation currently being conducted by Wardell-Armstrong International Ltd.
Aurum management is pleased to see that its technical plans are on schedule with
results confirming the expected thickness of the Andash deposit and the
correlation of the copper and gold grades.
The Andash project as stated previously has Soviet standard resources quoted as
follows:
Zone 1 - 634000 oz and approx 200 Mlbs of copper contained (@ 0.5 gAu/t cut-off)
Zone 2 - 287000 oz of gold
Zone 3 - 124000 oz of gold
Kyrgyz Republic
The Company is pleased to inform shareholders that the recent disruption seen in
the Kyrgyz Republic over the past few weeks did not impact the operations of the
Andash project development and the drilling, sampling and assaying of our
exploration works did not stop during this period.
Sean Finlay
Chairman
For further information please contact:
Aurum Mining
Sean Finlay, Chairman Tel: + 353 1 8030401
WH Ireland
Tim Cofman Tel: 0121 616 2101
Buchanan Communications Tel: 020 7466 5000
Mark Court/Charlie Howard
This information is provided by RNS
The company news service from the London Stock Exchange
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