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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (10957)	11/28/2007 5:58:51 PM
From: LoneClone	Read Replies (1) of 194406

LGL Ballarat Goldfields Mine Recovery Status Wednesday November 28, 12:42 pm ET ca.us.biz.yahoo.com BRISBANE, AUSTRALIA--(MARKET WIRE)--Nov 28, 2007 -- Lihir Gold Ltd. (Toronto:LGG.TO - News)(ASX:LGL.AX - News)(Other OTC:LIHRF.PK - News) ("LGL") is making good progress in re-establishing operations at its Ballarat Goldfields underground mine, following a fall of ground in the main decline on Monday last week. A preliminary inspection of the area has shown that it extends for a length of approximately 12 metres in the one kilometre-long upper decline. Safety remains paramount in the recovery process, and LGL is working closely with regulatory authorities to develop an appropriate plan to remediate the decline and resume normal operations. Power has been restored for dewatering and is also expected to be connected to the ventilation system within the next two days. The schedule for a return to full working conditions will be determined once the recovery plan is finalised. Contact: Contacts: Lihir Gold Ltd. Joe Dowling GM Corporate Affairs Mobile: 0421 587 755 Website: lglgold.com GT Investor Relations Inc. (Toronto): Greg W Taylor (905) 337-7673 Email: gtaylor@g-tinvestorrelations.com Source: Lihir Gold Limited

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