La Zarza Testwork Update

RNS Number:1112V
Ormonde Mining PLC
05 December 2005

05 December 2005



Ormonde Mining plc



Positive Results from Initial Gold Recovery Tests, La Zarza Gold-Copper Project



DUBLIN & LONDON: 05 December 2005 - Ormonde Mining plc ("Ormonde" or "the
Company") reports positive developments in gold recovery tests on a sample from
the La Zarza Gold-Copper Project in southern Spain.



Initial tests on the Gold Composite sample show that:



* Up to 60 per cent of the gold can be recovered by standard flotation
procedures to first stage copper and lead concentrates; final cleaned
concentrates should be saleable directly to smelters.



* Up to a further 30 per cent of the gold goes into a pyrite concentrate;
ongoing testwork, including ultra-fine grinding and leaching, will determine
the amount of additional gold that can be extracted from this pyrite
concentrate.



* A combination of gold recovered to saleable flotation concentrates and
gold recovered from pyrite concentrates should achieve total gold recoveries
higher than originally targeted.





Kerr Anderson, Managing Director, said today,



"The unexpected recovery of a significant proportion of the gold by standard
flotation to copper and lead concentrates is a very positive development which
gives the Company considerable confidence in the testwork programme. I believe
that we are on track to achieve at least our target gold recovery and, together
with our recent high copper recovery results, this is an early but very
significant step towards proving the viability of the La Zarza project."





The metallurgical testwork programme, being carried out by Wardell Armstrong
International in Cornwall, U.K., is investigating the most appropriate method to
recover the economic minerals from gold and copper resources at La Zarza. Two
composite samples, the "Gold Composite" and the "Copper Composite", are being
tested. On 14th November the Company reported that initial testwork on the
Copper Composite has indicated copper recoveries in excess of 80 per cent, with
further optimization steps in progress.



Follow-up testwork, including cleaning, optimization and variability testwork,
will be ongoing through to early 2006. The results of the various tests will be
used in the Preliminary Assessment Study (previously referred to as the "
economic scoping study"), which will determine the most appropriate ore
processing option based on metal recovery, processing costs and capital costs.





Enquiries to:



Kerr Anderson, Managing Director,

Ormonde Mining plc Tel: +353 (0)46 9073623



Fraser Gardiner, Director,

Ormonde Mining plc Tel: +353 (0)86 3931178

LOL Mickeyskint IF you're thinking along the same lines as me.
;>)

Be interesting to see if Opto's question is answered.

Won't it just

;>)

oh thats simple, I dont really have any ;-)

Then why post on them?

because really I have loads ;-)

Thats great Kat, when do you think they will reach 24p?

Oh really?
Well I can't stay and chat now Katcenka, got some trading to do.
Good Luck

kivver... I suppose it has to sink in the heads of the big boys... who knows this afternoon, or tomorrow, but either way they are underpriced by a long way