Investor Update Presentation - July 2010

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

15 July 2010

Norseman Gold Plc ('Norseman Gold' or 'the Company')

Investor Update Presentation - July 2010

Norseman Gold, the AIM-listed and ASX-listed Australian gold production company announces that it has today released an Investor Update ahead of an investor presentation to be given by the Company's Chief Executive Officer, Barry Cahill at an upcoming Resources Roadshow.

A copy of the full presentation can be downloaded from the Company's website at www.norsemangoldplc.com.

**ENDS**

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

 Note to editors:

Norseman Gold plc is a dual AIM 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 gold mines - the Bullen and the Harlequin. Currently, it has a total resource inventory of 20.0 Mt at a grade of 5.5 g/t gold for 3.7 Moz of gold.

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 re-treatment of tailings or acquisitions of alternative sources of ore.