new purchase

Anvil Mining Limited acquires option to purchase exploration licences Montréal, Canada:

Anvil Mining Limited (TSX, ASX: AVM) (“Anvil”) is pleased to announce that Anvil Mining Services SPRL (“AMS”) a wholly owned subsidiary of Anvil has acquired an option (the “Option”) to purchase exploration licences PR 5236 and PR 1884 (the “Exploration Licences”) in the Nambulwa region, located 30 kilometres north of Kinsevere in the Democratic Republic of the Congo (“DRC”).

The exploration licences are located immediately adjacent to PE 539, the Nambulwa exploitation permit, which is the subject of an amodiation agreement with Gécamines. A figure that shows the location of the Exploration Licences and the underlying geology can be viewed at http://www.anvilmining.com/documents/070614ImagereNambulwaOptionAgreement.pdf.

The Company paid a non-refundable fee of $1,000,000 to acquire the Option to purchase the Exploration Licences for a final price of $11,000,000. The option period commenced on June 12, 2007 and extends until September 10, 2007 (the “Option Period”), after which the Option expires.

During the Option Period, AMS will conduct an initial evaluation of the Exploration Licences which is anticipated to include a drilling program of up to 30 RC holes, with the nature and extent of the evaluation work to be determined by AMS at its sole discretion.

AMS may exercise the Option at any time during the Option Period. If AMS exercises the Option, it will purchase the Exploration Licences free from all encumbrances and third party interests, and AMS will acquire full ownership and title, and become the registered holder of the Exploration Licences.