Gold Pour

Angel Mining plc (the "Company" or "Angel Mining")

AIM: ANGM

The Board of Angel Mining is pleased to announce that a further 16.1 kilograms (517.8 ounces) of gold doré was successfully poured at Nalunaq on Monday, 9 January 2012. This is the largest single pour to date.

The mine and plant operated with a skeleton crew over the holiday period and they had to deal with very severe weather which at points disrupted production. Access to the mine was hampered at times, due to blizzard conditions, as was access to fuel supplies from the harbor. Photographs are being added to the photo gallery on the website which gives some idea of the conditions that the team dealt with over the last few weeks.

Nicholas Hall, CEO, commented: “I am delighted that the team have started 2012 with a record gold pour. This is the latest step in our steady increase in production at Nalunaq. In December 2011, Nalunaq reached the important milestone of becoming cash generative. We look forward to this cash generation continuing to improve in line with production.”