Comment on AUR`s Latest Events, Forecast on Growth and Risk 11/04/09

Contents:
- FINANCIAL PERFORMANCE IS AVERAGE;
- THE DELAY OF ANDASH MINE;
- GOLD SHOWS STRONG PERFORMANCE;
- CONFUSING TIMES, BUT THERE IS STILL HOPE.


This report provides analyst comment on company’s latest events and performance. Report contains forecast on business risk (short-, mid-, and long-term) and growth possibilities (long-term) of the company, providing reader with necessary information to make decisions. Key reasons to read this report:
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Aurum Mining

Aurum Mining, which joined the AIM market of the London Stock Exchange in May 2004, is a mining company focused on gold opportunities in the Former Soviet Union. Its principal asset is an exploration licence over the Andash gold and copper project in the Kyrgyz Republic. A mining licence for Andash Zone 1 was awarded by the Kyrgyz authorities in 2006. The feasibility study compiled by Wardell Armstrong International, also in 2006, confirmed a measured and indicated resource base of 19.2 million tonnes at 1.1 grams per tonne of gold and 0.4% copper, which equates to 1.1 million ozs of gold and gold equivalent. The Andash project also includes Zone 2 and Zone 3 along with Tokhtonysay, Nakhodka and three other additional exploration areas.
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