LionOre Mining International Ltd.

LionOre Mining International Ltd.

November 07, 2006 13:03 ET

LionOre Appoints Group Chief Operating Officer

TORONTO, ONTARIO--(CCNMatthews - Nov. 7, 2006) - LionOre Mining International Ltd. (TSX:LIM)(ASX:LIM)(LSE:LOR)(BSE:LIONORE) ("LionOre"), is pleased to announce the appointment of Peter Breese as Chief Operating Officer (COO), effective immediately. Mr. Breese will continue to act as Managing Director, LionOre Africa, until a replacement is announced in the near future.

Commenting on the appointment, Colin Steyn, President and CEO of LionOre, said, "Peter's appointment is well deserved. The creation of a COO role within the LionOre group is an appropriate reflection of the Company's future growth potential as we continue to implement our strategy of vertical integration."

The Managing Directors of Africa and Australia will report directly to the Group COO, and are expected to be appointed imminently.

Note to Editors:

Peter Breese has been Managing Director of LionOre Africa since 2005. He has over 18 years of experience in the mining industry in southern Africa, particularly in base metals mining and smelting and in Platinum Group Metals mining. Mr. Breese has previously held executive and directorship positions with Zimasco, Mimosa Mining Company and Impala Platinum.

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