Archipelago Resources PLC : RESIGNATION OF DIRECTOR

Archipelago Resources PLC

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2 April 2013

AIM: AR.

Archipelago Resources plc

("Archipelago" or "the Company")

RESIGNATION OF DIRECTOR

Archipelago announces that Mr Eddy Porwanto Poo has resigned as a non-executive Director of the Company to pursue other business interests.  His resignation is with effect from 31 March 2013. 

The Board takes this opportunity to thank Mr Porwanto for his contribution to the development of Archipelago. 

FURTHER INFORMATION

Archipelago Resources plc Vice President - Corporate Affairs Matthew Salthouse	[phone]	Canaccord Genuity Limited Joint Broker Andrew Chubb	[phone]
Grant Thornton Corporate Finance NOMAD Gerry Beaney David Hignell	[phone]
		Liberum Capital Limited Joint Broker Michael Rawlinson Christopher Kololian	[phone]
Buchanan Corporate Communication Bobby Morse Gordon Poole	[phone]

ABOUT ARCHIPELAGO

Archipelago is a producing mining company listed on the AIM market of the London Stock Exchange.  Archipelago's vision is to grow into a respected and regionally dominant mid-cap gold producer, managing a portfolio of gold mines and delivering significant value and returns for shareholders.  Archipelago's principal activities are gold mining and exploration in Indonesia (as the 95% owner of the producing Toka Tindung Gold Mine in North Sulawesi, Indonesia).  In 2013, Archipelago expects to produce between 140,000 and 155,000 Au Eq oz at a cash cost of between US$620 and US$680 per ounce (net of silver credits).

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