Andash Mining Licence

Aurum Mining PLC
28 November 2006


For immediate release                                           28 November 2006


                                AURUM MINING PLC
                           ('Aurum' or 'the Company')

                 Award of Mining Licence by Kyrgyz authorities


Aurum Mining plc (AIM: AUR), the company formed to acquire gold and other
mineral extraction projects in the Former Soviet Union (FSU), is delighted to
announce that it has been awarded a Mining Licence by the Kyrgyz authorities for
the Andash licence area in the Kyrgyz Republic.

The award of the Mining Licence is an important endorsement of Aurum's approach
to the construction and operation of the proposed mine at Andash Zone 1 and
underlines the willingness of the Kyrgyz Republic to work with the Company.

The award of the Mining Licence follows the submission in June 2006 of a local
feasibility study for Andash Zone 1, which covered the economic, mining,
metallurgical, legal, environmental and social aspects of the project. This
study confirmed the Zone 1 resource estimates previously included in the State
Register of the State Commission of Resources of the Kyrgyz Republic, amounting
to gold and gold equivalent of more than 1.5 million ozs.

The Mining Licence, which was awarded by the State Agency for Geology and
Mineral Resources of the Kyrgyz Republic to Aurum's wholly owned subsidiary, the
Andash Mining Company, is initially valid until 31 December 2017 but can be
extended on the identification of additional resources in other zones of the
Andash licence area.

It is expected that construction of the Andash Zone 1 mine will take place
during 2007 and that commercial production will begin in 2008.

Aurum is also pleased to announce that completion is imminent of the full
feasibility study to JORC standards being prepared by Wardell Armstrong
International, an independent mining consultant with particular expertise in the
FSU. Together, the full feasibility study and the Mining Licence will form the
basis of detailed discussions for the project financing of the Andash mine,
which will be an open pit operation with the potential for high production
rates.


Mark Jones, Aurum Mining's Chief Executive, said: 'The receipt of this Mining
Licence highlights the enthusiasm of the Kyrgyz authorities to work with Aurum
Mining. We have worked hard to ensure that the proposed Andash Zone 1 mine meets
the expectations of the Kyrgyz people and I am delighted that, in receiving the
licence, we can report another important step in our transition from gold
exploration to gold production.'


For further information:

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

Arbuthnot Securities                                  Tel: [phone]
Graham Swindells

Buchanan Communications                               Tel: [phone]
Mark Court / Rebecca Skye Dietrich


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. Mining
consultant Wardell Armstrong International has confirmed a JORC resource
estimate of 1.49 million ozs of gold and gold equivalent in Andash Zone 1 in
Measured and Indicated categories. The feasibility study for Zone 1 is scheduled
for completion by the end of this year, allowing production to begin in 2008.
The Andash project also includes the Zone 2 and Zone 3 along with Tokhtonysay
and three other additional exploration areas.


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