Issue of Options

Aurum Mining PLC
23 February 2006


For immediate release                                          23 February 2006



                                AURUM MINING PLC

                           ('Aurum' or 'the Company')



                                Issue of Options



The Board of Aurum  announces that the Company has granted options over
1,000,000 ordinary shares of 1p each ('Ordinary Shares') to Mark Jones, Chief
Executive, at an exercise price of 55.5p per option and exercisable for a period
of five years from their date of grant.



In addition, the Board has also granted options over a further 1,000,000
Ordinary Shares to Mark Jones at an exercise price of 55.5p, however the
exercise of these additional options is subject to certain performance criteria
which the Board has agreed.  Of these additional performance related options,
250,000 shall be exercisable immediately following reserves in respect of the
Company's Andash project being signed off to JORC standards, 250,000 will be
exercisable on completion of a feasibility study prepared to western standards
in respect of the Andash project and the final 500,000 options will be
exercisable on the commencement of gold production at the Andash project. These
options will also lapse, to the extent not previously exercised, after a period
of five years from their date of grant.  All options granted to Mark Jones will
lapse in the event of the termination of his services.



Accordingly, the Directors hold a total of 2 million options over Ordinary
Shares which are currently exercisable and, as detailed above, a further 1
million options over Ordinary Shares which are subject to certain performance
conditions.







For further information:


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

Arbuthnot Securities                                                                     Tel: [phone]
Graham Swindells

Buchanan Communications                                                                  Tel: [phone]
Mark Court







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.




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