Company Information for Norseman Gold Plc

AIM-NGL

www.norsemangoldplc.com

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AIM; NGL

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Company Statement

Norseman Gold operates Australia’s longest continuously running gold mining operation, having produced over 5.5 million ounces of gold over a period of more than 65 years from its Norseman field located 725km east of Perth, Western Australia.

Current Operations

The Norseman Project

The Norseman Project, located 725 km east of Perth, Western Australia, is Australia’s longest continuously running gold mining operation. Gold was first found on the Norseman field in 1894 and over the last 65 years it has produced over 5.5 million ounces of gold. The mine is producing at a rate of around 100,000 ounces per annum, sourced from two high-grade narrow-vein underground mines - the Bullen and the Harlequin. Currently, it has a total resource inventory of 1.9 million ounces at a grade of 4.1 g/t, with a reserve inventory of 329,000 ounces at a grade of 8.6 g/t.

The exploration potential of the Central Norseman area is considered good at both the Brownfield and Greenfield level, with targets identified both along strike and at depth of the existing mines as well as advanced targets located close to infrastructure that have the potential to become future ore sources.

The Tenements cover a 687 sq km area centred on the Norseman Township. The landholding comprises 146 contiguous tenements consisting of 10 Exploration Licences, 102 Mining Licences, 20 Prospecting Licences, 14 Miscellaneous Licences and 29 Mining Lease Applications.

The Norseman Project contains key strategic infrastructure including a 700,000 tonnes per annum CIL treatment plant, administration offices and housing. The operations are well serviced with power, water and access via the sealed Kalgoorlie-Esperance Highway. The operation has approximately 200 employees and contractors.

The Company’s strategy is focused on extending the mine life through the conversion of resources into reserves and identifying additional resources. Management aims to increase the reserves at the mine through exploration drilling from the current level of 329,000 ounces to 500,000 to 750,000 ounces within the next two years, thereby providing a mine life of approximately five years. Thereafter, the Company will be seeking to expand the mine life to 10 years.

Geographical Spread

All licences are centred around the town of Norseman, Western Australia.

Board of Directors and Key Management

Vincent Pendal - Chairman

Vincent Pendal has extensive experience in banking and corporate finance in both the industrial and mining sectors in Australia. He is currently the chairman of Brandrill Ltd, a company listed on the ASX, and a director and a major shareholder of Oakvale Capital Ltd, a company registered in Australia, which provides independent advice on financial risk management to a range of leading companies, government authorities and institutions throughout Australia. During the past five years he also served as Chairman of Austral Coal Limited and Perilya Limited, companies listed on the ASX.

Barry Cahill - Chief Executive Officer

Barry Cahill is a mining engineer with over 20 years’ experience in operational mining and management throughout Australia. He has had extensive experience in the management of underground and open pit mines as both a mining contractor and an operator, including the Leinster nickel mine and the Broken Hill base metal mine. His area of expertise has an emphasis on the recovery of poorly performing operations to a profitable standard particularly in narrow vein underground mines. Barry Cahill has been an executive director of a number of public companies including managing director of Australian Mines Limited, a company listed on the ASX. He is a member of the Australasian Institute of Mining & Metallurgy and a member of the Australian Institute of Company Directors. Following Re-Admission Barry Cahill will take overall responsibility for the management of the Norseman Project.

David Steinepreis - Non-Executive Director

David Steinepreis is a Chartered Accountant and former partner of KMG Hungerfords (now KPMG) where he specialised in strategic corporate advice and taxation for listed companies. He entered commerce as a director, adviser and major shareholder of a number of listed companies in the gold, diamonds, oil and new mining technology sectors. He is a director of Monitor Holdings Ltd, RMG Limited, Toodyay Resources Ltd and WAG Ltd all of which are listed on the ASX-North River Resources plc which is listed on AIM and Leopard Minerals plc. He has previously been a director of Ascent Resources plc and Uranium Resources plc, companies listed on AIM. He is also chairman of Ascent Capital. Following Re-Admission David Steinepreis will become an Executive Director with primary responsibility for overseeing the financial affairs of the Enlarged Group.

Michael de Villiers - Non-Executive Director

Michael de Villiers qualified as a Public Accountant with Ernst & Young in Cape Town. He is the finance director of Mercator Gold plc, listed on AIM. He gained his experience as financial manager at mining and chemicals operations in Namibia, Botswana, Ghana and Bulgaria. He was previously the finance director of Oxus Gold plc and Navan Mining plc, companies listed on AIM. He is currently a director of Ariana Resources Plc, Mercator Gold Plc and Island Gold plc.

Gary Steinepreis - Finance Director

Gary Steinepreis holds a Bachelor of Commerce degree from the University of Western Australia and is a Chartered Accountant. He provides corporate, management and accounting advice to a number of companies involved in the resource, technology and leisure industries.

Company Address

Level 1, 33 Ord Street
West Perth, Australia 6005


Telephone:	+61 8 9420 9300
Facsimile:	+61 8 9481 2690
Email:	info[at]norsemangoldplc.com
Website:	http://www.norsemangoldplc.com

Capital

397,800,000 shares oustanding as at 1 August 2007

Annual General Meeting

end of October 2008
30 Farringdon Street
London
EC4A 4HJ

Year End

30 June

Nominated Brokers

Ocean Equities Ltd, London

Nominated Advisors

Blue Oar Plc, London
Ocean Equities Ltd, London

Major Shareholders

as at 24 July 2007

JP Morgan	11.26%
Carmignac Gestion	9.43%
UBS AG	6.28%
Blackrock	6.28%
Canaccord	6.28%

Most Recent Statement

24/10/08 - Preliminary Results for Year End 30 June 2008
21/10/08 - Operations Review & Loan Facility
25/07/08 - Three Month Report On Activities For The Period Ended 30 June 2008
09/06/08 - Royalty Dispute
19/05/08 - Norseman Gold Extends Regional Tenement Holding
01/05/08 - Preliminary Regional Exploration Drilling Results

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