Drilling Results from Rotgu¨lden

Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources

Noricum Gold Limited ('Noricum Gold' or 'the Company')

Bonanza Grade Drilling Results from Rotgülden Gold and Precious Metals Project, Austria

Noricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to announce further significant high grade gold and silver mineralisation from its 2013 underground drill programme at the Company's 100% owned Rotgulden Gold and Precious Metals Project ('Rotgulden').

Highlights

Significant gold ('Au'), silver ('Ag') and copper ('Cu') mineralisation included:

- XB01 - 3.9m @ 51.53 g/t Au, 237.77 g/t Ag and 2.69 % Cu from 4.7m

- Including 1.1m @ 181 g/t Au, 807 g/t Ag and 8.75 % Cu

- RZ01 - 3.2m @ 5.36 g/t Au, 17.17 g/t Ag from 12m

- RZ02 - 7.2m @ 2.13 g/t Au, 12.16 g/t Ag from 12.8m

- Including 1.6m @ 5.51 g/t Au and 15.5 g/t Ag

- RZ05 - 1.2m @ 3.69 g/t Au, 27.2 g/t Ag from 11.8m

Additional results from drilling at the next 4 holes expected within the coming weeks

Noricum Gold Managing Director Greg Kuenzel said, "The latest four drill holes at Rotgulden, totaling 165 metres, include some exceptional grades, the best being an intercept of just over one metre containing over 5 ounces per ton of gold, 807 g/t silver and 8.75 % copper.

We continue to target high grade mineralisation that has been defined by our geophysical work and expect to see some more results in the coming weeks that, as previously stated, have also intersected massive sulphide mineralisation."

Further Information

Noricum Gold commenced the 15 hole, 1,300m underground drill programme in August 2013. It was designed to define areas of massive sulphide mineralisation, at the historic mine target area of Rotgulden, that have been detected by electromagnetic programmes, geological mapping and sampling in the areas just above the main level to depths of around 50 to 100m.

Drilling has been progressing well and the drill rig continues to test some deeper targets at location C as well as some further exploration at targets along strike.

All intercepts above 0.5g/t Au are tabulated below:

- RZ 01 - 3.2m @ 5.36g/t Au, 17.17g/t Ag from 12m (total length 30m)

- RZ 02 - 7.2m @ 2.13g/t Au, 12.16g/t Ag, from 12.8m (total length 30.1m)

- Including 1.6m @ 5.51g/t Au, 15.5g/t Ag

- RZ 05 - 4.0m @ 0.98g/t Au, 7.44g/t Ag from 0m (total length 52m)

- RZ 05 - 1.2m @ 3.69g/t Au, 27.2g/t Ag from 11.8m

- RZ 05 - 2.3m @ 0.65g/t Au, 8.84g/t Ag from 30.7m

- XB 01 - 3.9m @ 51.53g/t Au, 237.77g/t Ag, 2.69% Cu from 4.7m (total length 23.4m)

- Including 1.1m @ 181g/t Au, 807g/t Ag, 8.75% Cu

- XB 02 - 1.6m @ 2.87g/t Au, 17.35g/t Ag from 3.6m (total length 30m)

Competent Person Statement

The information in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Jeremy Whybrow, who is a Member of The Australasian Institute of Mining and Metallurgy.

Jeremy Whybrow is a director of the Company.

Jeremy Whybrow has sufficient experience, relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Jeremy Whybrow has reviewed this announcement and consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears.

**ENDS**

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