Company Information for Alexander Mining Plc

AIM-AXM

www.alexandermining.com

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AIM; AXM

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Company Statement

The medium term objective of AXM is to build a mid tier mining group focused on emerging markets through a mixture of exploration activities, internally generated opportunities and acquisitive growth.

Current Operations

Argentina - Leon
Copper/Silver Project, Salta Province, NW Argentina
Location
The property is situated in the Salta Province of northwest Argentina . The city of Salta is located some 1,250km northwest of Buenos Aires and the property is situated about 55km southeast of Salta . Access to the property is good via paved roads from Salta and gravel roads to the deposit.

Geology
Leon is a sediment-hosted, stratabound copper/silver deposit that has been partially delineated by work previously carried out by a Canadian company in the 1990's. The deposit comprises two north-trending sub-parallel zones, hosted by a limestone unit termed the Yacoraite Formation and is in the basic form of a horseshoe, open to the northwest. The eastern zone is termed El Plomo and the western zone called El Cobre.

Exploration Programme
A diamond core drilling programme commenced in August 2005 and an initial resource statement to the JORC Code standard (the Australasian Code widely adopted throughout the world and which sets out minimum standards, recommendations and guidelines for reporting of exploration results, mineral resources and ore reserves) was released in July 2006.   Subsequently in January 2007, after additional drilling, an updated resource statement was released.

Feasibility Study
An on-site contractors' camp has been established and staffed with Company employees and contract workers. In parallel, detailed mining engineering, metallurgical and environmental study work has been advanced as part of the ongoing feasibility study work. As a key part of this work, after preliminary metallurgical testwork, a solvent extraction- electrowinning (SXEW) pilot plant was delivered to site for processing of a bulk sample from El Cobre. In October 2006, the first copper was produced as cathode plates.

A community relations socio-economic policy has been instigated; including, wherever possible, the sourcing of supplies, equipment and labour locally. A pro-active process of dialogue between provincial and national government is ongoing.

Regional Exploration
Alexander controls a significant land holding of around 145,000 hectares in the highly prospective Salta Basin. The short term objective of the exploration drilling programme is to identify economic deposits of copper mineralisation suitable for processing at Leon. Recent intense activity has identified several exciting areas in particular which may satisfy this objective.

Peru - Molinetes
Gold prospect, Piura Province, Peru
Under an agreement, Alexander has the right to acquire 100% of a local Peruvian Company, "Compania Minera Molinetes S.A.C." ("Molinetes"), subject to Molinetes obtaining a Supreme Decree allowing foreign ownership of the project. Alexander has been diligently working with the community in Northern Peru since the project was referred to as "Project Peru" in its AIM admission document of April 2005. Molinetes has obtained an express authorisation granted by the local community that allows for mining exploration and is awaiting the granting of a Supreme Decree application by the government.

Location
The Molinetes property is located in the District of Las Lomas and approximately 120km east of the city of Piura. It covers an area of 800 hectares.

Geology
An extensive alteration system centred on and covering most of the Molinetes property has been identified. Preliminary observations suggest the presence of a large scale epithermal/shear zone system with extensive veins of gold mineralisation, of a style not yet characterised and not observed before in Peru. It is in an area which, until recently, has had no previous history of mining or modern exploration.

The mineralisation covers a surface area of at least 6km2 and may extend beyond the boundaries of the Molinetes property, although the major proportion of the mineralisation appears to be located within the property boundaries.

The mineralisation is distributed beneath a broad band of shallow altered clays along the geological contacts and expresses itself as a series of discrete high grade veins and broad disseminated stock works located within the massive silica altered felsic volcanic rocks. Except for the shallow oxidised surface mineralisation down to 20m, the gold and silver mineralisation present is associated with sulphides. Reportedly, it is only since late 2004 that small scale artisinal mining, superficially down to depths of 20m, has taken place on high grade gold bearing quartz veins.

Exploration Programme
Subject to obtaining the decree, the first stage of exploration would involve: geological mapping of the area; soil and rock chip sampling; and systematic grid drilling using both diamond and reverse circulation methods.

MetaLeach Limited
MetaLeach Limited is a wholly owned subsidiary of AIM listed Alexander Mining plc, formed to commercialise proprietary new mineral processing technologies with the potential to revolutionise the extraction processes for many base metal deposits.

A proprietary ammonia based process for the leaching and selective extraction of base metals from high acid consuming and complex ores under ambient (i.e. atmospheric) temperature and pressure conditions.

Although initially developed for copper, the Company has also developed its AmmLeach® process for the treatment of zinc oxide deposits. Test work results indicate a new solvent extraction and electro-winning (SX-EW) process for producing high purity zinc metal at the mine. This process leaches common zinc oxide minerals with very high extraction efficiencies and offers a potentially economic processing route for many zinc oxide deposits that are currently economically unviable.The Company believes that this technology will be of considerable commercial interest to both mining companies and zinc metal producers because it has the potential to be a highly competitive economic alternative to the processing technologies currently available.

Geographical Spread

Argentina and Peru

Board of Directors and Key Management

Matthew Sutcliffe, Executive Chairman

Martin Rosser, Chief Executive Officer

Roger Davey, Non Executive Director

James Bunyan, Non Exec Director

James Ashcroft, Non Executive Director

Emil Morfett, Non Executive Director

Company Address

1st Floor
35 Piccadilly
London, United Kingdom W1J 0DW


Telephone:	+44 (0) 20 7292 1300
Facsimile:	+44 (0) 20 7292 1313
Email:	mail[at]alexandermining.com
Website:	http://www.alexandermining.com

Capital

Shares Issued 134,534,667

Annual General Meeting

TBA

Year End

31st December

Nominated Brokers

Arbuthnot Securities Limited
Arbuthnot House
20 Ropemaker Street
London EC2Y 9AR

Nominated Advisors

Arbuthnot Securities Limited
Arbuthnot House
20 Ropemaker Street
London EC2Y 9AR

Broker/Analyst Reports

18/11/07 - Hoodless Brennan Plc

Major Shareholders

CREDIT SUISSE SECURITIES (EUROPE) LIMITED	12,710,000	9.4%
MATTHEW SUTCLIFFE	10,906,000	8.1%
CHASE NOMINEES LIMITED	10,517,500	7.8%
HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED	7,974,000	5.9%
BRITEL FUND NOMINEES LIMITED	6,008,411	4.5%
NUTRACO NOMINEES LIMITED	5,000,000	3.7%
HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED	4,795,000	3.6%
APPLE TREE NOMINEES LIMITED	4,067,584	3.0%

Most Recent Statement

26/09/08 - Interim Results
13/06/08 - Operations Update and Grant of Options
21/04/08 - Preliminary Results for the year ended 31 December 2007
26/02/08 - Leon Project Update
26/02/08 - Significant developments in hydrometallurgical mineral processing technology with new HyperLeachTM process patent filed
28/11/07 - Corporate and Operations Update

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