Exploration Update

Beowulf Mining PLC
07 September 2005


                               BEOWULF MINING PLC

                                  New Release

     Geological Reconnaissance on Ussalahti 1, 2 and 3 Exploration Permits

London: 7 September 2005. Geological reconnaissance was conducted in August 2005
over the Ussalahti Project Area, Kiruna Mining District, Northern Sweden.
Locations have been selected for diamond drilling. The locations were determined
by a combination of ground geophysics (induced polarization (IP) and magnetic
studies), geochemical sampling and locating copper mineralization in frost
heaved bedrock.

The results of the geological studies are shown on the website
www.beowulfmining.com




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