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RNS Number : 8495L 
Norseman Gold PLC 
14 May 2010 
 
Norseman Gold plc / Epic: NGL / Index: AIM & ASX / Sector: Mining & Exploration 
 
              Norseman Gold Plc ('Norseman Gold' or 'the Company') 
                        Lapse and Cancellation of Options 
 
Norseman Gold, the AIM-listed and ASX-listed Australian gold production company 
announces that it has cancelled 3,200,000 share options exercisable at 62.5p 
issued under various agreements dated 28 March 2007 and 29 March 2007, due to 
the fact that the final date for exercising the options has lapsed. 
 
Following cancellation of the 3,200,000 options, the Company will have 1,250,000 
options exercisable at 50p remaining on issue, which were issued pursuant to the 
Company's Employee Share Option Scheme. 
 
                                    **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                   | 
+--------------+------------------------+------------------------+ 
| 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 an AIM listed 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 mines - the Bullen and the Harlequin with 
development now commenced at the third mine, OK Decline.  Currently, it has a 
total resource inventory of 3.7 million oz of gold at an average grade of 5.5 
g/t. 
 
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 the development of a 
third mine.  The Company has fifteen advanced resource projects under review of 
which three have pre-development work being undertaken on them. It is 
anticipated that at least one if not all the pre-development projects will 
develop into mining propositions. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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