Gammon Provides Ocampo Mine Performance Update

Gammon Gold Inc. GRS provides preliminary results from the Ocampo mine for the months of October and November. Operations at the Ocampo mine continue to strengthen and benefit from the completion of the two year capital expansion program. All figures reported are in U.S. dollars unless otherwise indicated. The Company remains on track to achieve the 2010 Ocampo production and cash cost guidance of 100,000-110,000 gold ounces; 4,400,000-4,950,000 silver ounces; 180,000-200,000 gold equivalent ounces; and total cash costs of $410 - $435 per gold equivalent ounce.