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18 December 2009

NORSEMAN GOLD PLC

('Norseman Gold' or the 'Company')

Results of Meeting

 

Norseman Gold advises that all the resolutions contained in the Notice of Meeting dated 23^rd November 2009 and 

considered at the Annual General Meeting of Shareholders were passed on a show of hands.

Proxy Results

Resolution Number

• To receive and adopt the report and financial statements for the year ended 30th June 2009.  Resolution carried on show of hands.  (Proxy votes FOR - 59,731,549, AGAINST - 176,737, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

• To re-appoint Mr Peter Ross Bilbe as a director of the Company. Resolution carried on show of hands. (Proxy votes FOR - 59,907,783, AGAINST - 503, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

• To re-elect Mr David Christian Steinepreis as a director of the Company.  Resolution carried on show of hands. (Proxy votes FOR - 59,907,783, AGAINST - 503, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

• To re-appoint UHY Hacker Young LLP as auditors. Resolution carried on show of hands. (Proxy votes FOR - 59,906,313, AGAINST - 1,973, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

• To empower the directors to allot relevant securities pursuant to Section 551 of the Companies Act 2006.  Resolution carried on show of hands. (Proxy votes FOR - 40,831,587, AGAINST - 19,076,699, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

• To empower the directors to allot equity securities pursuant to Section 561(1) of the Companies Act 2006.  Resolution carried on show of hands. (Proxy votes FOR - 49,716,078, AGAINST - 10,192,208, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

• To delete all the provisions of the Company's Memorandum of Association in accordance with Section 28 of the Companies Act 2006 and to amend the Company's Articles of Association.  Resolution carried on show of hands. (Proxy votes FOR - 59,822,783, AGAINST - 85,503, CHAIRMAN'S DISCRETION - 1,093, WITHHELD - 7,500)

* * ENDS * *

 

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

Barry Cahill        Norseman Gold Plc            Tel: +61 (0) 8 9473 2200

Guy Wilkes	Ocean Equities Ltd	Tel: +44 (0) 20 7786 4370
William Vandyk	Astaire Securities plc	Tel: +44 (0) 20 7448 4400
Hugo de Salis /  Isabel Crossley	St Brides Media & Finance Ltd	Tel: +44 (0) 20 7236 1177

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. 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 and subsequent mines. The Company has 15 advanced resource projects under review of which 3 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.

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