Noricum Gold : Georgian Mining Corporation - Holding in Company

6 January 2017

Georgian Mining Corporation ('GMC' or 'the Company')

Holding in Company

Georgian Mining Corporation reports that it was notified yesterday that following an acquisition of ordinary shares of no par value in the Company ('Ordinary Shares'), TB Amati UK Smaller Companies Fund has an interest in 3,437,500 Ordinary Shares, which represents approximately 4.27 per cent. of the issued share capital of the Company.

**ENDS**

For further information please visitwww.georgianmining.com or contact:

Greg Kuenzel	Georgian Mining Corporation	Company	Tel: [phone]
Martyn Churchouse	Georgian Mining Corporation	Company	Tel: [phone]
Ewan Leggat	S. P. Angel Corporate Finance LLP	Nomad & Broker	Tel: [phone]
Laura Harrison	S. P. Angel Corporate Finance LLP	Nomad & Broker	Tel: [phone]
Damon Heath	Shard Capital Partners LLP	Joint Broker	Tel: [phone]
Elisabeth Cowell	St Brides Partners Ltd	PR	Tel: [phone]

About Georgian Mining Corporation

Georgian Mining Corporation has 50% ownership and operational control of the Bolnisi Copper and Gold Project in Georgia, situated on the prolific Tethyan Belt, a well-known geological region and host to many high grade copper-gold deposits and producing mines.The Bolnisi licence over 860 sq km has a 30 year mining licence with two advanced exploration projects; Kvemo Bolnisi East and Tsitsel Sopeli. Georgia has an established mining code and is a jurisdiction open to direct foreign investment.