Trading Halt on ASX (3698W)

TIDMNGL

RNS Number : 3698W

Norseman Gold PLC

30 January 2012

Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration

NORSEMAN GOLD PLC

('Norseman Gold' or 'the Company')

Trading Halt on ASX

Norseman Gold, the AIM-listed and ASX-listed Australian gold production and exploration company announces that it has today requested and been granted a trading halt from its shares on the Australian Stock Exchange pending an announcement with respect to its operations and corporate restructuring at Central Norseman Gold Company Ltd. The Company's shares have not been suspended from trading on AIM.

As announced on 22 December 2011, the Company is in discussions with a potential strategic partner looking to take an active role in the development of Norseman Gold. The potential partner has experience in operating at Norseman, and therefore understands the mines, the ore bodies and their potential.

The Company anticipates making a further announcement by 1 February 2012.

* * ENDS * *

For further information visit www.norsemangoldplc.com or contact:

David Steinepreis Norseman Gold Plc. Tel: [phone]

Barry Cahill Norseman Gold Plc. Tel: [phone]

William Vandyk / Rod Venables Northland Capital Partners Ltd Tel: [phone]

Guy Wilkes Ocean Equities Ltd Tel: [phone]

Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd Tel: [phone]

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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. The tenements cover a 2,360 sq km area centred on the Norseman Township.

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 currently producing from two high-grade narrow-vein underground mines - the Bullen and Harlequin and developing the North Royal Open Pit. Currently, it has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.

This information is provided by RNS

The company news service from the London Stock Exchange

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