Company Update Available
December 16 2009 - 2:32AM
UK Regulatory
TIDMNGL
RNS Number : 1953E
Norseman Gold PLC
16 December 2009
Norseman Gold plc / Epic: NGL / Index: AIM & ASX / Sector: Mining & Exploration
16 December 2009
Norseman Gold Plc ('Norseman Gold' or 'the Company')
Company Update - December 2009
Norseman Gold, the AIM-listed and ASX-listed Australian gold production company,
announces that it has today issued a Company Update document which includes a
copy of the Chairman's Address to be given at the Company's Annual General
Meeting on 17th December.
The Update can be downloaded from the Company's website
at www.norsemangoldplc.com.
**ENDS**
For further information visit www.norsemangoldplc.com or contact:
+------------------+----------------------------+----------------------------+
| Barry Cahill | Norseman Gold Plc | Tel: +61 (0) 8 9473 2200 |
| | | E-mail: |
| | | investors@ngold.com.au |
+------------------+----------------------------+----------------------------+
| Guy Wilkes | Ocean Equities Ltd | Tel: +44 (0) 20 7786 4370 |
+------------------+----------------------------+----------------------------+
| William Vandyk | Astaire Securities plc | Tel: +44 (0) 20 7448 4400 |
| | | |
+------------------+----------------------------+----------------------------+
| Hugo de Salis / | St Brides Media & Finance | Tel: +44 (0) 20 7236 1177 |
| Isabel Crossley | Ltd | |
+------------------+----------------------------+----------------------------+
Note to editors:
Norseman Gold plc is a dual AIM and ASX listed Australian gold production
company, which acquired the Norseman Gold Project in May 2007, Australia's
longest continually running gold operation. The Norseman Gold Project is
located in the Eastern Goldfields of Western Australia in the highly prospective
Norseman-Wiluna greenstone belt, 725km east of Perth and 186km from Kalgoorlie.
Gold was first found on the Norseman field in 1894 and over the last 65 years it
has produced over 5.5 million oz of gold. The mine is currently producing from
two high-grade narrow-vein underground gold mines - the Bullen and the
Harlequin. Currently, it has a total resource inventory of 20.0 Mt at a grade of
5.5 g/t gold for 3.7 Moz of gold.
The tenements cover a 1,614 sq km area centred on the Norseman Township. The
landholding comprises 179 contiguous tenements consisting of 13 Exploration
Licences, 106 Mining Licences, 45 Prospecting Licences, 15 Miscellaneous
Licences and 29 Mining Lease Applications.
The Company's strategy is focused on extending the mine life through the
conversion of resources into reserves and identifying additional resources and
obtaining additional ore for the operating mill through re-treatment of tailings
or acquisitions of alternative sources of ore.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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