Company Information for Cambridge Mineral Resources Plc

AIM-CMR

www.cambmin.co.uk

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AIM; CMR

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Company Statement

Cambridge Mineral Resources (“CMR”) is a mining, exploration and production company quoted on the Alternative Investment Market (AIM) of the London Stock Exchange under the stock symbol CMR.

CMR's principal focus is the exploration for, and production of precious metals in South America. CMR also owns interests in gold, copper, zinc and uranium projects in Europe. The Company has a strong portfolio of mineral projects at varying stages of commercialization, supporting its strategy of providing shareholders with attractive upside opportunities.

Current Operations

COLOMBIA
CMR has acquired five mines to date within the world-class Frontino Gold Belt in the Antioquia department of north-western Colombia. Acquisitions are via majority interest joint venture options, allowing CMR to fully evaluate each mine before a production decision is made. Mines are being evaluated via exploration and actual development in order to establish economic ore reserves prior to production.

CMR also has an option to acquire the Three Hills exploration project in the Cauca Department to the south of the regional capital of Cali. Three Hills lies within the prolifically-mineralized Andean copper-gold porphyry belt, containing some of the largest copper deposits in the world, but which is as yet relatively unexplored.

PERU
CMR’s holds a 50% interest in the Patacancha claim group, located in the Ccarhuaraso District, which contains a number of gold-silver bearing veins representing the uppermost portions of a much larger alteration zone with potential for porphyry style copper-gold mineralization at depth. Currently CMR is developing the Rasuhuilca mine, of which the mineralized zone was estimated by Cominco in 1987 to be approximately 130,000 tonnes ore with average grades of 4.7 g/t gold and 448 g/t silver with an average working width of mineralization being approximately 6m. (This estimate is not compliant with JORC or NI 43-101 standards). The purpose of this development is to confirm a body of at least 50,000 tonnes of ore which would be capable of justifying the construction of a 50-100 tpd mill to recover gold and silver.

BALKANS
In Bulgaria CMR has 4 licences (229km²), including Tashlaka Hill (JORC indicated resource of 250,000oz gold) and Chaira (Bulgarian state resource of 457,000oz gold). Four of these properties are under a joint venture with TSX-listed Asia Gold who can earn up to an 80% interest by spending US$4M. In Serbia CMR has 3 licences (208km²), where surface sampling results have returned values of up to 7.8g/t gold. CMR is also evaluating an existing advanced gold project for near term gold production. These properties are under a joint venture with Dundee Precious Metals who can earn up to an 80% interest by spending US$0.5M.

SPAIN
Within the Iberian Pyrite Belt of south-western Spain CMR wholly-owns the gold-rich polymetallic deposit at Lomero-Poyatos. In addition CMR has acquired two permits covering an area of 38.71km² over the Masa Valverde polymetallic volcanic-hosted Massive Sulphide deposit, which hosts defined massive sulphide and cupriferous stockwork deposits. CMR estimates these deposits to have geologic resources of approximately 100 million tonnes. Eleven holes have been drilled at a spacing of approximately 100m. These have intersected up to 180m of massive sulphide and up to 111m of stockwork mineralization. The average thickness of the massive sulphide intersections is about 70m and the average for stockwork mineralization is about 90m. Potential exists for the upgrading and extension of the stockwork mineralization. Potential also exists for a high grade deposit in the adjacent area of the massive sulphide mineralization. CMR is seeking a joint venture partner to exploit its assets in Spain.

Geographical Spread

Colombia
Peru
Bulgaria
Serbia
Spain

Board of Directors and Key Management

Mr. Neil MacLachlan (Chairman)

Mr. Colin Andrew (Managing Director)

Mr. Michael Burton (Finance Director)

Ms. Nevyanka Mateeva (Non-Exec Director)

Company Address

10 Fenchurch Avenue
London, United Kingdom EC3M 5BN


Telephone:	+44(0)207 663 5618
Facsimile:	+44(0)207 663 5959
Email:	office[at]cambmin.co.uk
Website:	http://www.cambmin.co.uk

Annual General Meeting

25th July 2008 at the offices of Cambridge Mineral Resources

Year End

31 December

Nominated Brokers

Haywood Securities
Hichens, Harrison & Co.

Nominated Advisors

Ruegg & Co.

Major Shareholders

Barclays	23,528,351	8.08%
Allianz SE	20,000,000	6.87%
RAB Capital PLC	18,946,783	6.51%

Most Recent Statement

13/08/08 - Rasuhuilca Silver-Gold Feasibility Study Shows Positive Project Parameters
25/07/08 - Suspension Lifted
22/07/08 - Final Results
30/06/08 - Temporary Suspension
22/04/08 - UPDATE ON QUINTANA GOLD MINE CONSTRUCTION WORK COMMENCED ON SITE
07/04/08 - Outcome of Strategic Review

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