Company Information for Anglesey Mining Plc

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Company Statement

Anglesey Mining plc is a UK based company with a full London Stock Exchange listing which holds:

• 41% of the Labrador Iron Ore deposits currently under active development and scheduled to produce direct shipping high-grade lump and sinter fine hematite ores by the third quarter of 2010. This project is fully funded and has relatively low capital expenditure requirements. The major iron ore deposits comprised in the project were previously operated by the Iron Ore Company of Canada. Anglesey holds its interest through Toronto-listed Labrador Iron Mines Holdings Limited (TSX:LIM) which is responsible for development. See the Labrador Iron Mines Holdings website for further details.
• 100% of the Parys Mountain zinc-copper-lead deposit in North Wales, UK with a total historical resource in excess of 7 million tonnes at over 9% combined copper, lead and zinc.  

Current Operations

Parys Mountain Property

• On the island of Anglesey in north Wales - worked for copper since prehistoric times
• Resource of 7.76 million tonnes - Cu 2%, Pb 2.9% and Zn 4.9%
• Life of mine contributions to revenue - zinc 30%, copper 44% and lead 18%. Copper more important in later years - September 2009 prices
• Project has planning permission - two years to production from completion of financing
• Successful drill programmes in 2005-08 in two areas - Garth Daniel in the east and near-surface White Rock in the west near to the existing shaft
• Excellent exploration potential over an area of several kilometres
• Work in 1991 resulted in a positive independent feasibility study for a 1,000 tonne per day mine and strong local community and government support

Labrador Iron Mines - Schefferville Project

• Direct shipping lump and sinter fines high-grade hematite iron ore in Labrador
• Project already partially developed - short time to production - scheduled for third quarter of 2010 low capital expenditure requirements - fully funded
• Existing rail transportation, deep water ports, shipping facilities and hydro power
• Potential mine life of more than 20 years
• Former operations of the Iron Ore Company of Canada
• New iron ore and manganese properties in Labrador and Quebec added in December 2009

Geographical Spread

The Labrador Iron Ore Project is near Schefferville in the province of Newfoundland and Labrador, Canada.



The Parys Mountain property is in Anglesey, North Wales, UK.

Board of Directors and Key Management

Directors
John Kearney	Chairman
Bill Hooley	Chief executive
Ian Cuthbertson	Finance director
Non-Executive Directors
David Lean
Howard Miller
Roger Turner
Danesh Varma

Company Address Parys Mountain, Amlwch Anglesey, Wales, Gwynedd, United Kingdom LL68 9RE Telephone: +44 1248 361333 Facsimile: +44 1248 361419 Email: mail[at]angleseymining.co.uk Website: http://www.angleseymining.co.uk

Additional Address/Key Contact Registered Office Tower Bridge House St. Katharines Way London E1W 1DD.

Capital Shares in issue:152,858,051 Options outstanding: 15,100,000 Fully diluted total:167,958,051

Annual General Meeting September in London

Year End 31 March

Broker/Analyst Reports

01/10/09 - Edison Investment Research - Report on Anglesey Mining Labrador project
25/09/09 - Jennings Iron Ore Report

Major Shareholders

Shareholder	Number of shares	Percentage
Juno Limited*	57,924,248	37.9
Morgan Stanley Securities Limited**	10,652,000	7.0
Passport Special Opportunities Master Fund LP and Passport Materials Master Fund LP**	26,525,000	17.4

Related News

18/02/10 - Anglesey Mining Offers Investors A Cheap And Easy Way Of Playing The Strengthening Iron Ore Markets
01/09/09 - Iron Ore In Labrador Is Now The Main Game In Town For Anglesey Mining, And Production Isn’t Far Off
29/04/09 - Anglesey Mining Is Looking Forward To First Iron Ore Production From The Schefferville Project In Labrador

Most Recent Statement

29/07/10 - on Labrador Iron operations
22/07/10 - Final Results
10/06/10 - Trading Statement - Labrador Iron negotiations with Quebec Innu
05/05/10 - Trading Statement - Labrador Iron Mines receives environmental and construction permits for railway
08/04/10 - Trading Statement - Labrador Iron Mines reports new resource estimates
01/04/10 - Trading Statement - share sale raises £2.7 in cash