Gammon Gold to Host Analyst Tour at Ocampo

    TSX: GAM / AMEX:   GRS / BSX: GL7

    HALIFAX, Sept. 5 /CNW/ - Gammon Gold Inc. ("Gammon") (TSX:GAM and
AMEX:  GRS) is pleased to provide an update on activities in advance of an
analyst tour at the Ocampo mine site in mid-September. Gammon will host more
than 45 Analysts and Institutional Shareholders at Ocampo where they will see
first-hand the progress the Company has made in recent weeks. Site visits at
the Ocampo Open Pit and Underground mine operation will begin September 17,
2007 and continue over a period of three days.
    Management also wishes to provide an update of recent activities. The
Company has been recently successful in recruiting approximately 10 new
members to its mine management team at Ocampo and El Cubo including new Mine
General Managers, production managers, maintenance managers, a financial
manager and a sustainable development manager. These appointments fill key
vacancies as well as materially strengthen our Mexican operations.
    In response to increased market activity the Company wishes to advise
shareholders that it is not aware of any material operating event behind the
unusual trading activity on its shares over the past few days. In addition,
Management wishes to stress that the Company has not experienced any unusual
interruptions to mining operations at either of its Ocampo or El Cubo mine
sites and that there is no requirement for any unanticipated capital
expenditures at this time beyond previously announced spending plans to be
executed in the coming quarters.
    The Company also wishes to advise that Mr. Roberto Diaz has resigned from
the Company as President of Mexican Operations. We wish Roberto well in his
future endeavors. Dave Keough, Gammon's Executive Vice President and Chief
Operating Officer (COO), has been headquartered in Mexico since joining the
Company and is overseeing day to day Mexican operations. We are confident that
based on the additional aforementioned strength brought to the Company's mine
management team and the hands on leadership of Dave Keough, that there is no
need to fill this role at this time.
    The Company continues to focus on initiatives that will maximize
throughput and production efficiency while lowering operating costs. The
implementation of improved business processes and cost management disciplines
required to accomplish this will be enabled by the additional Mexican
management talent that has joined the Company.

    About Gammon Gold

    Gammon Gold Inc. is a Nova Scotia based mid tier gold and silver producer
with properties in Mexico. The Company's flagship Ocampo Project in Chihuahua
State achieved commercial production in January 2007. Gammon Gold also
operates its El Cubo operation in Guanajuato State and has the promising
development Guadalupe y Calvo property in Chihuahua State. The company remains
100% unhedged.

    Cautionary Statement

    Cautionary Note to US Investors - The United States Securities and
Exchange Commission permits US mining companies, in their filings with the
SEC, to disclose only those mineral deposits that a company can economically
and legally extract or produce. This press release uses certain terms, such as
"measured," "indicated," and "inferred" "resources," that the SEC guidelines
strictly prohibit US registered companies from including in their filings with
the SEC. US Investors are urged to consider closely the disclosure in Gammon
Gold's Annual Report on Form 40-F (File No. 001-31739), which may be secured
from Gammon Gold, or from the SEC's website at

    No stock exchange, securities commission or other regulatory authority
    has approved or disapproved the information contained herein.

    This news release includes certain "forward-looking statements" within
the meaning of the private securities litigation reform act of 1995 and
"forward-looking information" within the meaning of applicable Canadian
legislation. All statements other than statements of historical fact, included
in this release, including, without limitation, statements regarding
non-interruption of mining operations, no unanticipated capital expenditures,
the strengthening of Mexican operations due to the addition of mine personnel,
potential mineralization and reserves, exploration results, and future plans
and objectives of Gammon Gold, are forward-looking statements (or
forward-looking information) that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from Gammon Gold's expectations include, among
others, risks related to international operations, the actual results of
current exploration activities, conclusions of economic evaluations and
changes in project parameters as plans continue to be refined as well as
future prices of gold and silver, as well as those factors discussed in the
section entitled "Risk Factors" in Gammon Gold's Form 40-F and Annual
Information Form as filed with the United States Securities and Exchange
Commission. Although Gammon Gold has attempted to identify important factors
that could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated or intended.
    There can be no assurance that such statements will prove to be accurate
as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Gammon Gold does not undertake to
update any forward-looking statements that are included herein, except in
accordance with applicable securities laws.

For further information:

For further information:; Russell Barwick, Chief
Executive Officer, Gammon Gold Inc., (902) 468-0614; Glenn Hynes, Chief
Financial Officer, Gammon Gold Inc., (902) 468-0614

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