TORONTO, ONTARIO--(CCNMatthews - Nov. 7, 2006) - LionOre Mining International Ltd. (TSX:LIM)(ASX:LIM)(LSE:LOR)(BSE:LIONORE) ("LionOre"), is pleased to announce that following a competitive tender process, it has awarded the Engineering, Procurement, Construction & Management (EPCM) contracts for the $482 million Activox(R) Refinery to Hatch Africa and for the $114 million Dense Media Separation (DMS) Plant to Dowding Reynard & Associates (DRA).

Both Hatch and DRA have started with mobilization and placement of orders, including long-lead items, commencement of detailed engineering and site works, ahead of the completion of formal contracts. All parties are expected to formalize contracts during the fourth quarter of 2006.