New claim awarded

Beowulf Mining PLC 23 August 2005 BEOWULF MINING PLC NEW CLAIM BALLEK 4 AWARDED London 22 August 2005 : Beowulf Mining plc ('Beowulf') has claimed Ballek 4 covering 22 square kilometres in the Arjeplog County of northern Sweden. The claim is to the south of claims Ballek 2 and 3, which are subject to a right of first refusal to joint venture granted to Gold Fields Exploration B.V. ('Gold Fields') by Beowulf. Ballek 4 covers the southern part of a large gravity anomaly and a uranium bearing boulder referred to in an announcement made by Beowulf on 10 August 2005. Maps are shown on www.beowulfmining.com . The Ballek licences 2, 3 and 4 cover 11 copper prospects, including the Lulepotten copper-gold deposit which was drilled by the Geological Survey of Sweden between 1960 and 1971 and found to contain 5.1 million tonnes of 0.73% copper and 0.25 grams per tonne of gold. Gold Fields, as part of their due diligence under the first right of refusal on the Ballek 2 and 3 claims, have commissioned over 300 metres of drill core to be cut and assayed for multi-element analysis. Beowulf has located sections of the drill core which are radioactive with uranium mineralization on claims Ballek 2 and 3. Beowulf has also found 9 locations with uranium rich boulders overlying the Ballek claims 2, 3 and 4. (See press release 10 August 2005). For further information contact :- Dr Robert Young, Beowulf Mining PLC Tel. +44 (0) 1353 649 701 Mr Gavin Burnel, Ruegg & Co. Ltd Tel. +44 (0) 207 584 3663 Mr Gary Middleton, St. Swithins PR Tel. +44 (0) 207 929 4391 Mr. Nick Bealer, King & Shaxson Tel. +44 (0) 207 426 5986 This information is provided by RNS The company news service from the London Stock Exchange
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