BELMORE RESOURCES (HOLDINGS) PLC
                         ("BELMORE" OR "THE COMPANY")

                    COUNTY CLARE UPDATE AND NEW LICENCE WIN


Belmore Resources (Holdings) Plc is pleased to announce a follow up geochemical
and  geophysical  programme  in  selected  areas  of its base metal prospective
licences  in  County  Clare,  SW Ireland. This follows  interpretation  of  the
results of its summer drilling campaign, 

Induced Polarity surveys proposed  for  the Clonloom and Spancil Hill areas are
designed to assist geological interpretation  by locating faults, while a VLF-R
survey at Kilmurry should aid structural interpretation.  In  conjunction  with
soil  and overburden geochemistry, this should assist in locating holes as part
of a drilling programme to be commissioned early in 2006.

Belmore's  licences  contain  a  drill indicated resource of some 400,000tonnes
grading 12% zinc plus lead and 79 g/t of Silver.

In addition, the Company has been awarded a new licence and has applied for two
other licences in County Clare - one  of  which  is  known to contain two major
prospects.

The  results  of  Belmore's geochemical reconnaissance work  (soil  and  stream
sediment sampling)  carried  out  on  its  Dromore  licence in Northern Ireland
between  May  and  August  2005 have now been received. They  indicate  several
anomalies with the geology of  one  in  particular warranting active follow up.
Consequently, Belmore is applying for renewal  of this licence and will conduct
a winter programme of Pionjar drill (deep overburden)  sampling  to be followed
by geophysical work if the results so justify.


                                   --ENDS--


    The directors of the issuer accept responsibility for this announcement


ENQUIRIES:

BELMORE RESOURCES (HOLDINGS) PLC                         TEL: 00 35387 681 2883
Patrick Mahony                               

BISHOPSGATE COMMUNICATIONS LTD                               TEL: 020 7430 1600
Maxine Barnes                                             MOBILE: 07860 489 571
Dominic Barretto                                          MOBILE: 07930 450 156
                             
VSA RESOURCES LIMITED                                        TEL: 020 7628 3989
William Voaden