Further to the announcement of April 7th 2011, Toledo Mining Corporation plc has announced that the mining plan for the Berong nickel mine has now been finalized with its JV partners. Berong Nickel Corporation has mobilized equipment to site in preparation of ramp up to full production by mid June 2011.

BNC is targeting production of 500,000 wet metric tonnes of nickel ore by December 31st 2011 and aims to ship 300,000 wet metric tonnes by September 31st 2011 when the shipping window closes. The remaining target of 200,000 wet metric tonnes planned for production in the last quarter of the calendar year, is targeted for shipping from March 1st 2012 when the shipping window reopens.

As previously advised, BNC will use the proceeds from the sale of the existing stockpile to provide working capital to support the resumption of operations. The first shipment of 50,000 wet metric tonnes of nickel ore from the existing stockpile at the Berong mine is scheduled to begin loading the week commencing June 6th 2011.

A full operational update will be provided to shareholders in due course.