NGL Norseman

 

TIDMNGL 
 
RNS Number : 9311I 
Norseman Gold PLC 
23 March 2010 
 

 
              Norseman Gold Plc ('Norseman Gold' or 'the Company') 
 
                              Director's Dealings 
 
Norseman Gold announces the following information pursuant to Rule 17 of the AIM 
Rules for Companies: 
 
+-------------------------------+------------------------------+ 
| Name of director              | David Steinepreis ("DCS")    | 
+-------------------------------+------------------------------+ 
| Date on which disclosure was  | 22 March 2010                | 
| made to the Company           |                              | 
+-------------------------------+------------------------------+ 
| Direct or indirect interest   | Indirect                     | 
+-------------------------------+------------------------------+ 
| Nature of indirect interest   | N&J Mitchell Holdings Pty    | 
|                               | Ltd <Steinepreis Super Fund  | 
|                               | A/C> - director of trustee   | 
+-------------------------------+------------------------------+ 
| Date on which the deal was    | 16 March 2010                | 
| effected                      |                              | 
+-------------------------------+------------------------------+ 
| No. of securities held prior  | 4,250,000 ordinary shares    | 
| to change                     |                              | 
+-------------------------------+------------------------------+ 
| Class                         | Ordinary shares              | 
+-------------------------------+------------------------------+ 
| Number acquired               | 7,107 ordinary shares        | 
+-------------------------------+------------------------------+ 
| Number disposed               | -                            | 
+-------------------------------+------------------------------+ 
| Consideration                 | Acquired: AUS$5,005          | 
|                               |                              | 
+-------------------------------+------------------------------+ 
| No. of securities held after  | 4,257,107 ordinary shares    | 
| change                        |                              | 
+-------------------------------+------------------------------+ 
| Nature of change              | Acquired: on-market trade    | 
|                               | (Australia)                  | 
|                               |                              | 
+-------------------------------+------------------------------+ 
 
 
                                    **ENDS** 
 
For further information visit www.norsemangoldplc.com or contact: 
+--------------+------------------------+------------------------+ 
| Barry Cahill | Norseman Gold Plc      | Tel: +61 (0) 8 9473    | 
|              |                        | 2222                   | 
|              |                        | E-mail:                | 
|              |                        | investors@ngold.com.au | 
+--------------+------------------------+------------------------+ 
| Guy Wilkes   | Ocean Equities Ltd     | Tel: +44 (0) 20 7786   | 
|              |                        | 4370                   | 
+--------------+------------------------+------------------------+ 
| Nandita      | Seymour Pierce Ltd     | Tel: +44 (0) 20 7107   | 
| Sahgal       |                        | 8000                   | 
+--------------+------------------------+------------------------+ 
| Hugo de      | St Brides Media &      | Tel: +44 (0) 20 7236   | 
| Salis /      | Finance Ltd            | 1177                   | 
| Isabel       |                        |                        | 
| Crossley     |                        |                        | 
+--------------+------------------------+------------------------+ 
 
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 
 
 RDSSEMFSEFSSEED 
 

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